Tag: Jobs

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Jobs report, GameStop earnings, home prices top week ahead

Jobs report, GameStop earnings, home prices top week ahead

Check out what’s clicking on FoxBusiness.com.

Though the New York Stock Exchange will be closed Monday in observance of the Memorial Day holiday, investors will still have another jam-packed week of corporate earnings and key economic data related to housing, manufacturing and jobs.   

Ticker Security Last Change Change {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
I:DJI DOW JONES AVERAGES 33134.5 -78.46 -0.24{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
SP500 S&P 500 4154.2 -4.04 -0.10{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
I:COMP NASDAQ COMPOSITE INDEX 12157.989884 +26.86 +0.22{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

FOX Business takes a look at upcoming events likely to move financial markets in the coming days. 

Tuesday 5/31

Kicking off the week for earnings will be HP, Salesforce and Victoria’s Secret after the bell. 

Ticker Security Last Change Change {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
HPQ HP INC. 38.75 +1.98 +5.38{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
CRM SALESFORCE INC. 165.10 +2.64 +1.63{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
VSCO VICTORIA’S SECRET & CO. 42.95 +0.28 +0.66{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

Investors will also take in the Case-Shiller home price index, the Federal Housing Finance Agency’s monthly home price index and consumer confidence.

Ticker Security Last Change Change {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
ABNB AIRBNB INC. 121.13 +0.63 +0.52{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

Also on Tuesday, Airbnb will end COVID-related refunds.

BANK OF AMERICA CEO: US CONSUMER IN ‘VERY GOOD SHAPE’, MAKES FED’S JOB ‘TOUGHER’

Wednesday 6/1

The earnings parade will continue Tuesday with Capri Holdings, Hovnanian and Vera Bradley reporting before the market open and Chewy, GameStop, Hewlett-Packard Enterprise, NetApp and PVH Corp delivering results after the bell.  

Ticker Security Last Change Change {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
CPRI CAPRI HOLDINGS LTD. 47.57 +1.69 +3.68{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
HOV HOVNANIAN ENTERPRISES 50.41 +3.12 +6.60{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
VRA VERA BRADLEY INC. 6.56 +0.01 +0.15{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
CHWY CHEWY INC. 26.39 -0.72 -2.66{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
GME GAMESTOP CORP. 126.72 -10.17 -7.43{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
HPE HEWLETT PACKARD ENTERPRISE CO. 15.79 +0.70 +4.64{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
NTAP NETAPP INC. 73.05 +2.56 +3.63{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
PVH PVH CORP. 70.76 +0.78 +1.11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

On the economic data front, investors will digest the Federal Reserve’s Beige Book, construction spending, vehicle sales, the ISM manufacturing PMI and weekly mortgage applications. The Federal Reserve is also expected to start reducing its balance sheet.

In addition, New York Fed President John Williams will deliver opening remarks before the bank and the Columbia University School of International and Public Affairs’ Monetary Policy Implementation and Digital Innovation workshop. 

St. Louis Fed President James Bullard will also give a presentation on the U.S. economy and monetary policy before a hybrid Economic Club of Memphis event.

Ticker Security Last Change Change {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
RBAC REDBALL ACQUISITION CORP. 9.40 -0.67 -6.65{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
ORCL ORACLE CORP. 72.78 +1.12 +1.56{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
CERN CERNER CORP. 94.68 +0.13 +0.14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

Other notable events include a shareholder vote on SeatGeek’s $1.35 billion merger with special purpose acquisition company RedBall, the end of the Russian central bank’s ban on short selling, a decision from the European Commission on Oracle’s $23.8 billion acquisition of Cerner and the Bank of Canada’s decision on interest rates. 

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Thursday 6/2

Wrapping up the week for earnings will be Designer Brands, Duluth Holdings, Hormel Foods, Lands’ End and Toro before the market open and Broadcom, Cooper Companies, CrowdStrike Holdings, lululemon athletica and Okta after the bell. 

Ticker Security Last Change Change {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
DBI DESIGNER BRANDS INC. 15.84 +0.20 +1.28{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
DLTH DULUTH HOLDINGS INC 12.51 +0.66 +5.57{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
HRL HORMEL FOODS CORP. 48.63 +0.21 +0.43{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
LE LANDS END 11.26 -0.61 -5.14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
TTC THE TORO CO. 82.66 +1.75 +2.16{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
AVGO BROADCOM INC. 583.28 +32.62 +5.92{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
COO THE COOPER COS. INC. 352.17 +8.46 +2.46{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
CRWD CROWDSTRIKE HOLDINGS INC. 162.32 -4.50 -2.70{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
LULU LULULEMON ATHLETICA INC. 297.62 +3.97 +1.35{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
OKTA OKTA INC. 84.72 -1.34 -1.56{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

In other market news, Didi Global is expected to formally submit its delisting notice with the Securities and Exchange Commission. Thursday also marks the agency’s deadline to decide whether to approve or disapprove a rule change allowing shares of One River Carbon Neutral Bitcoin Trust to be listed on the New York Stock Exchange Arca.

Ticker Security Last Change Change {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
DIDI DIDI GLOBAL INC 2.05 +0.04 +1.99{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

As for economic data, investors will be watching the ADP employment report, factory orders, labor costs, productivity, the latest in initial and continuing jobless claims and the Energy Information Administration’s weekly crude stocks. 

Cleveland Fed President Loretta Mester will also speak on the economic outlook via video conference before the Philadelphia Council for Business Economics Meeting, and OPEC and non-OPEC members will hold their monthly ministerial meeting related to crude oil production. 

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Friday 6/3

Finishing out the week will be the May jobs report and the ISM non-manufacturing PMI. 

Friday also marks the deadline for the Biden administration to provide an in-person briefing on its efforts to improve the quality and timeliness of federal critical mineral permitting processes. 

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What Jobs Can You Get with a Business Degree?

What Jobs Can You Get with a Business Degree?

Three coworkers sitting around a table at a meeting with their laptops open for their job they got with their business degree

A business degree provides you with the analytical, financial and interpersonal skills you need to make valuable contributions to any organization. There are different types of in-demand business degrees, and some better prepare you for jobs in a particular focus area or sector. For example, you can specialize in accounting, marketing or operations to position you for careers in those areas.

Best of all, business graduates are sought-after job candidates. Of the top 10 majors in demand by employers, half included business majors such as accounting, business administration, finance, logistics/supply chain and management information systems, according to a survey conducted by the National Association of Colleges and Employers (NACE PDF source). 

What are the Different Types of Bachelor’s Degrees in Business?

You can choose from a number of business bachelor’s degrees to achieve your personal and career goals.

If you’re looking for a management job that requires a broad business background, a business administration degree can help position you for that role. Business administration is a popular bachelor’s degree can prepare you to manage a department within a business or an organization.

It also allows you to specialize in other areas of business. For example, you can earn your bachelor’s degree in business administration and choose to add a concentration.

Some bachelor’s in business administration tracks you can choose from include:

If you already know what area of business interests you most, you might choose to major in that discipline. For example, if you want to become a Certified Public Accountant (CPA), you may opt for a bachelor’s degree in accounting rather than a bachelor’s degree in business administration with an accounting concentration.

Here are some other popular business bachelor’s degrees that lead to rewarding careers:

Which Business Degree Has the Most Job Opportunities?

No matter what business degree you choose, you’ll be well-positioned for a job. The National Association of Colleges and Employers Job Outlook 2022 report shows that recruiters plan to hire 26.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} more graduates from the class of May 2022 than they did the previous year.

Below is a diverse list of bachelor’s degree business jobs by area of specialization.

Accounting

Accounting encompasses more than recording numbers and managing balance sheets. It requires accurately reporting on an organization’s financial activities and making sense of those numbers.

Here are some jobs you can get with a degree in accounting or a business administration degree with a concentration in accounting:

  • Accountant –  If you love math and have a knack for crunching numbers, you can find an accounting job across all job sectors. Accountants look at a company’s financial statements, review accounting systems, ensure regulatory compliance and analyze ways to reduce costs and increase revenue. To become a licensed CPA, you must pass a CPA examination, and you may also need extra college credits before you can take the test. According to the U.S. Bureau of Labor Statistics (BLS), accountants earned a median salary of $77,250 in 2021, and the field is expected to grow by 7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030.
  • Budget analyst – Do you like helping businesses plan for the future? A budget analyst works with various organizations – including government agencies, private companies and universities – to create budget reports and plans for their finances. A budget analyst earned a median salary of $79,950 in 2021, with a 5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} job growth expected through 2030, according to BLS.

Discover what else, besides accounting, you can do with an accounting degree.

Finance

Finance professionals interpret data with an eye toward planning for an organization’s financial future. They analyze budgets and investments to help organizations protect their assets and grow. If you want to become a CERTIFIED FINANCIAL PLANNER™, you might consider getting your bachelor’s degree in finance. At Southern  New Hampshire University (SNHU), for example, the finance degree includes a financial planning concentration that prepares you for the CFP® exam.

Here are some jobs you can get with a degree in finance or a degree in business administration with a concentration in finance:

  • Financial analyst – Financial analysts take a deep dive into an organization’s numbers and use data to make key decisions that impact future spending and investments. As global opportunities increase, financial analysts will also look at international investment opportunities. Employment of financial analysts is projected to grow 6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030, and, in 2021, they earned a median salary of $81,410, according to BLS. Learn how to become a financial analyst.
  • Financial manager – Beyond balancing the books, financial managers look at the present financial health of an organization and help guide its future. They create financial reports, recommend investments and adjust financial activities to meet long-term business goals. BLS reports that financial managers typically need a bachelor’s degree and five years or more of experience in another business or financial occupation, such as accountant, securities sales agent or financial analyst. The median annual salary for financial managers was $131,710 in 2021, according to BLS. Employment of financial managers is projected to grow 17{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} from 2020 to 2030, much faster than the average for all occupations.
  • Personal financial advisor – Personal financial advisors help individuals manage their money and plan for retirement. Most personal financial advisors work in the finance and insurance industry or are self-employed. The median annual salary for personal financial advisors was $94,170 in May 2021, BLS reports. Employment of personal financial advisors is projected to grow 5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030. Discover how you can become a financial advisor. 

Human Resources

People are the lifeblood of any organization. By maximizing your organization’s human capital, you can help increase productivity and revenue for your business. At the same time, you can shape corporate culture and help employees grow their careers.

Here are some HR jobs you can get with a degree in business administration with a concentration in human resource management:

  • Human resources specialist – As a human resources specialist, your job is to shape your organization’s future by recruiting and retaining workers. Human resources specialists may also develop and communicate company policies, mediate interpersonal conflicts and manage employee benefits. According to BLS, human resources specialists earned a median salary of $62,290 in 2021. Jobs for human resources specialists are projected to grow 10{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030.
  • Training and development managers – Do you like to help people learn the skills they need to better meet your organization’s needs? Training and development managers create, manage or coordinate the training and development activities and staff of an organization. According to BLS, they earned a median annual salary of $120,130 in 2021. The role is expected to grow 11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030, faster than average for all occupations.

Marketing

A blend of business, art and science, marketing requires professionals who can build brands, plan marketing campaigns and analyze campaign results. Marketing also manages the positioning, pricing and promotion of products and services.

Here are some jobs you can get with a degree in marketing or a degree in business administration with a concentration in marketing:

  • Marketing manager – Marketing managers help promote an organization’s products and services through print and digital campaigns and are often responsible for website development, social media and email marketing strategies and analyzing marketing analytics. They also work closely with sales and product managers to determine market segmentation and pricing. According to BLS, marketing managers earned a median salary of $135,030 in 2021, and the field is expected to grow by 10{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030.
  • Market research analyst – Market research analysts study and evaluate market conditions to forecast how products or services will perform. They collect demographic, competitor and market data to better position their organizations for success. According to BLS, market research analysts earned a median salary of $63,920 in 2021, and jobs are projected to grow 22{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030 – much faster than the national average for all occupations.

Learn how to position yourself for entry-level marketing jobs.

Management

Business managers and administrators are responsible for a business’s day-to-day operations, including its logistics, personnel and profitability. Some qualities of a good leader in management include excellent analytical, interpersonal and decision-making skills.

Here are some jobs you can get with a degree in business administration:

  • Administrative services manager – Also known as office managers, administrative services managers oversee both staff and business operations. This could include oversight of a department or an organization as a whole. They also help leadership organize and carry out projects. According to BLS, administrative services managers earned a median salary of $99,290 in 2021. Jobs for administrative services managers are projected to grow 9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030.
  • Medical/health services manager – The health care industry needs managers who can help clinical services and administrative departments run smoothly. With a concentration in health care administration, you may be well-positioned to oversee a physician practice, hospital department or other health-related facilities. According to the BLS, medical and health services managers earned a median salary of $101,340 in 2021. The job is projected to grow 32{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030 – much faster than the national average for all occupations

Management Information Systems

Technology forms the backbone of most organizations. Management information systems professionals analyze the needs of a company, its employees and its customers in relation to information management, data processing and applications for end-users.

With a degree in information systems or a business administration degree with a concentration in management information systems, you could be well-equipped to serve as an:

  • Information Systems Manager – Business jobs focusing on technology continue to grow. Computer and information systems managers make decisions on technology training, purchasing and coordinating information systems. According to BLS, employment of computer and information systems managers is projected to grow 11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030, faster than the average for all occupations.
  • Management analyst – Management analysts or consultants work as problem solvers. They take a broad view of an organization and use data to look for ways to reduce costs and increase profitability. They make recommendations related to investments, organizational efficiency or staffing based on staff input and the data they collect. According to BLS, management analysts earned a median salary of $93,000 in 2021. Jobs in this field are projected to grow 14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030, faster than average for all occupations.

Operations

From supply chain to inventory management, businesses need solid operations professionals to get products and services to their customers.

Here are some jobs you can get with a degree in operations management or a business administration degree with a concentration in project management:

  • Logistician – Logisticians look at how all pieces of an organization’s supply chain work together and analyze processes to achieve maximum efficiency. They typically work in manufacturing, government, professional services and wholesale sectors. Logisticians typically have a bachelor’s degree in logistics and supply chain management, business or a related field. The median annual salary for logisticians was $77,030 in 2021. Employment of logisticians is projected to grow 30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030, much faster than the average for all occupations.
  • Project management specialist – If you have a knack for detail and strong organizational skills, you may have what it takes to become a project manager. Professionals in this role analyze and create production schedules, timelines, purchasing, staffing and the budget of a product or service on a per-project basis. Project management specialists earned a median annual salary of $94,500, according to BLS.

Do Business Degrees Pay Well?

According to BLS, the median annual salary for business and financial occupations was $76,570 in 2021, which was considerably higher than $45,760, the median for all occupations. For each of these jobs, a bachelor’s degree is preferred, BLS reports.

A blue infographic piece with the text BLS reports 2021 median weekly earnings: $1,334 with a bachelor’s degree

Depending on your role, you could earn much more than the median salary. For example, information systems managers who held business jobs focused on planning and directing technology activities for an organization earned a median of $159,010 in 2021, according to BLS. What you ultimately earn will depend on your level of experience, specialization and the sector in which you choose to work.

No matter what type of business degree you choose, getting a bachelor’s degree can boost your earning power. In 2021, those with a bachelor’s degree earned a median weekly salary of $1,334, whereas individuals with a high school diploma only earned $890 per week, according to BLS. So, having a bachelor’s degree can make a major impact on your earnings over the span of your lifetime.

No matter what business job you decide to pursue, a bachelor’s degree can pay off personally and financially. By reflecting on your interests, background and career goals, you can determine which business degree—and job—is right for you.

A degree can change your life. Find the SNHU business program that can best help you meet your goals.

Krysten Godfrey Maddocks ’11 is a writer and marketing/communication professional. Connect with her on LinkedIn.

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The Best Paying Jobs in Finance for 2022

The Best Paying Jobs in Finance for 2022

The financial industry is a highly competitive and lucrative career path.

It offers both recent graduates and experienced professionals a wide variety of job opportunities in traditional fields such as investment banking and accounting, or in the newer financial technology (fintech) industry.

Read on for a list of the 10 highest-paying finance jobs, their annual salary and typical educational requirements.

Best paying jobs in finance

Financial manager

Financial managers monitor different aspects of a business’ finances. They can advise chief financial officers and other top executives on investment opportunities to expand or maximize profits.

In smaller companies, a financial manager might be in charge of a company’s entire financial operation; in larger ones, they might monitor more specific aspects, such as credit, cash or risk management. Financial managers have a wide range of responsibilities depending on the company and industry, including analyzing market trends, making financial forecasts and directing investments.

The median annual salary for financial managers was $131,710 in 2021. Employment opportunities for financial managers are projected to grow 17{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, a much faster rate than the average for any other occupation.

Financial systems director

Financial systems directors oversee the development and implementation of business systems within companies.

Systems directors can work closely with information technology (IT) departments to help establish systems for tracking capital allocation and collecting financial data. They also ensure the stability of system infrastructures and identify ways to streamline processes.

Financial systems directors typically need a bachelor’s degree in information systems, computer science or database administration. They may also pursue professional certification in databases like WebLogic from Oracle and structure query language (SQL) tools.

According to ZipRecruiter, the national average salary for financial systems directors is $107,901. Employment for computer and information systems managers is projected to grow faster than average — 11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030.

Actuary

Actuaries help insurance companies estimate the likelihood of future events and its potential financial consequences. They use statistics and modeling to analyze data, predict costs of payouts and design strategies to minimize risks. Actuaries also help companies establish policy premiums, ensuring they’re profitable and competitive.

Actuaries can specialize in life insurance, health insurance, property and casualty insurance, enterprise risk management, and pension and retirement benefits. A bachelor’s degree is typically required along with an Associate or Fellow certification offered by the Casualty Actuarial Society or the Society of Actuaries.

According to the Bureau of Labor Statistics (BLS), the median salary for actuaries in 2021 was $105,900, with a projected 24{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} growth in demand.

Economic analyst

As an economic analyst, economists forecast economic trends, develop models and write reports that help private companies make decisions. Economic analysts also work for federal government agencies collecting and analyzing data to help create spending projections.

Economists need high-level knowledge of mathematical models and statistical techniques to analyze large amounts of data. They typically need a master’s or Ph.D. degree in economics or mathematics, and some work experience involving statistical analysis software.

The BLS estimates the median annual salary for economists to be $94,710 as of May 2021, and projected employment in this area is expected to grow 13{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} between 2020 to 2030.

Personal financial advisors

Personal financial advisors help clients manage their personal finances. Advisors evaluate clients’ individual needs and recommend investments, insurance, retirement plans, mortgages, taxation and/or estate planning strategies that are consistent with the client’s financial goals.

Advisors develop long, intermediate and short-term plans, identify financial opportunities and help create budgets for educational expenses, retirement, savings or monthly debts.

Licensed advisors manage clients’ investments and other assets, including selling and buying stocks and bonds on behalf of their clients. As such, they are expected to have excellent communication skills and the ability to explain complex information to a wide variety of people.

Most personal financial advisors are self-employed. The median annual salary for personal financial advisors in 2021 was $94,710, and employment opportunities are projected to grow around 5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030.

Management analysts

Management analysts, or management consultants, analyze a business’ procedures and recommend improvements to current processes.

Management analysts gather financial data — such as expenditures and revenue — to prepare documentation and advise executives in the implementation of new systems. They essentially look for ways to make an organization more profitable and efficient.

In 2021, management analysts earned a median salary of $93,000. Additionally, job opportunities in this field are expected to grow 14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} between 2020 to 2030.

Financial analysts

Financial analysts typically work for banks, insurance companies, asset management firms and private equity firms. They evaluate investment opportunities and recommend how to best diversify portfolios and generate profits.

Financial analysts assess risk and the performance of different types of investments, including hedge funds and mutual funds. In addition, financial analysts analyze budgets, financial models and projections.

The median annual salary for financial analysts in 2021 was $81,410, according to the BLS. Employment in this area is projected to grow 6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030.

Financial examiners

Financial examiners ensure that banks are legally compliant with the laws, policies and regulations that govern financial institutions. Most financial examiners work in risk assessment or consumer compliance.

Risk assessment examiners ensure that financial institutions are in good financial standing, and that banks have enough cash to offer loans and manage unexpected losses.

Consumer compliance examiners monitor banks’ lending practices, making sure they’re fair and that borrowers are treated fairly. This includes ensuring that borrowers aren’t discriminated against based on gender, race, ethnicity or other factors.

According to BLS, financial examiners earned a median annual salary of $81,410 in 2021, the equivalent of $39.14 per hour. The BLS also estimated that in 2020 there were 70,800 financial examiners jobs and projected a much faster than average growth rate of 18{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through 2030.

Budget Analysts

Budget analysts prepare budgets and annual reports. They help public and private institutions — for example universities, private companies and government agencies — analyze their finances and recommend adjustments in spending or funding based on the organization’s needs.

Budget analysts ensure that budget proposals abide by regulations, and that spending remains within budgeted limits. They also conduct cost-benefit analysis and forecast financial needs.

The median annual pay for budget analysts in 2021 was $79,940. Employment demand in this area is projected to grow 5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Accountants and auditors

Accountants and auditors ensure that businesses and individual clients’ financial information is accurate and complies with applicable regulations.

An accountant’s main responsibilities include preparing financial reports — such as balance sheets and income statements — and ensuring that tax information is accurate and filed on time. Some are also in charge of bookkeeping, invoices and recommend solutions to reduce costs or maximize profits.

Auditors, as the name implies, perform audits, examining financial records and offering guidance on how to improve internal controls. They can also perform forensic audits to detect fraud, embezzlement or intentional misstatements.

Aside from a degree in accounting, accountants and auditors typically need to become a licensed Certified Public Accountant (CPA). They might also need professional certifications, such as the Certified Management Accountant (CMA) or the Certified Internal Auditor (CIA).

The median annual salary for both accountants and auditors was $77,250 in 2021. The average growth rate for this career is projected to be around 7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Other well-paid finance careers

The following financial occupations are also well-paid with median annual salaries ranging from the low $60,000 to mid-$70,000.

  • Logisticians: $77,030
  • Insurance underwriters: $76,390
  • Banking analyst: $74,463
  • Cost estimators: $65,170
  • Claims adjusters: $64,710
  • Appraisers: $64,710
  • Market research analysts: $63,920
  • Loan officers: $63,380
  • Investment bankers and/or brokers: $62,910

What do finance jobs pay?

According to ZipRecruiter, the national average salary for finance professionals in the United States is $73,284. Average salaries range from $20,500 to more than $150,000 per year.

Below is a list of the best-paying finance jobs along with their median base salary and the typical educational requirements, as reported by the Bureau of Labor Statistics.

Finance Jobs Median Base Salary (Annually) Typical Educational Requirements
Financial Manager $131,710 •Bachelor or master’s degree in related field.
•Optional certifications: Financial Risk Management (FRM) and/or Certified Government Financial Manager (CGFM)
Financial Systems Director $107,901 •Bachelor’s degree in computer science, information technology or related fields.
•Optional certifications: Oracle-Certified
Actuary $105,900 •Bachelor’s degree in mathematics, statistics, business or related field
•Licensed by the Department of Labor and the Department of the Treasury
•Certified by the Casualty Actuarial Society (CAS) and/or the Society of Actuaries (SOA)
Economic Analyst $105,630 •Master’s degree in economics, statistics, business and related fields
•Ph.D. preferred
Personal Financial Advisor $94,170 •Bachelor’s degree
•Optional certifications: Certified Financial Planner (CFP)
•Registration with the Securities and Exchange Commission (SEC)
Management Analysts $93,000 •Bachelor’s degree
•Master’s degree in business administration preferred
•Certified Management Consultant (CMC) designation
Financial Analysts $81,410 •Bachelor’s degree in business or related field.
•Master’s degree preferred by some employers
•Optional certifications: Chartered Financial Analyst (CFA)
Financial Examiners $81,410 •Bachelor’s degree in business or related field.
•Optional certifications: Accredited Financial Examiner (AFE) and/or Certified Financial Examiner (CFE)
Budget Analysts $79,940 •Bachelor’s degree in business, mathematics, or related field.
•Optional certifications: Certified Government Financial Manager (CGFM)
Accountants $77,250 •Bachelor’s degree in accounting
•Certified Public Accountant (CPA) license
•Optional certifications: Accredited in Business Valuation (ABV), Certified Financial Forensics (CFF), Chartered Global Management Accountant (CGMA), and/or Certified Management Accountant (CMA)
Auditors $77,250 •Bachelor’s degree in accounting
•Certified Public Accountant (CPA) license
•Optional certifications: Certified Internal Auditor (CIA), Certified in Control Self-Assessment (CCSA), Certified Government Auditing Professional (CGAP), Certified Information Systems Auditor (CISA), and/or Certified Financial Services Auditor (CFSA)

Latest news on finance jobs

Best paying jobs in finance FAQ

Is finance a good career path?

Despite being a highly competitive industry, careers in finance are a popular choice for many business administration graduates. It offers attractive high-paying jobs, bonuses and growth opportunities. In addition, it’s an industry that’s projected to grow 8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} between 2020 to 2030, and generate about 750,800 new jobs according to the Bureau of Labor Statistics.

How many jobs are available in finance?

According to the Bureau of Labor Statistics, in February and March 2022, there were roughly 500,000 jobs available in the financial industry.

These include a variety of roles ranging from entry-level positions in investment banking and financial institutions to top executive positions. Some common entry-level positions include brokers, equity analysts, risk analysts and loan officers.

How much do finance majors make?

According to ZipRecruiter, the national average salary for a finance professional is $73,284, with the majority of finance professionals earning between $44,500 to $97,000 a year. Some top earners can make $150,000 and more annually.

How much do you make working at a bank?

A bank worker can earn between $25,000 to $80,500 depending on the position, level of experience and location. There are many bank positions available ranging from bank tellers and service clerks to loan officers and bank managers. The median salary for a bank teller, according to the Bureau of Labor Statistics, is $36,310, whereas a loan officer’s median pay is $63,380.

How to get a job in finance with no experience

Although the finance industry is highly competitive, there are many entry-level finance jobs and internships for recent graduates and applicants with little or no experience. As with any job, it’s important to write a resume that showcases your unique skills, abilities and educational preparation. Do note that most financial institutions prefer candidates with a finance degree or in related fields. Completing additional professional and industry-specific certifications can also help you stand out from other candidates when applying for a job in finance.

Summary of Money’s best paying jobs in finance

  • The highest-paying finance jobs includes financial managers, financial system directors, actuaries, economic analysts, personal financial advisors, management analysts, financial analysts, financial examiners, budget analysts, accountants and auditors.
  • Most, but not all, finance jobs require a degree in business, finance, accounting or other related fields as well as career-specific certifications.
  • Financial professionals can earn between $44,500 to $97,000, with some top earners earning $150,000 or more a year.
  • The national average salary for financial professionals is $73,284.
  • According to the Bureau of Labor Statistics, occupations in the financial industry are projected to grow 8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and generate about 750,800 new jobs through 2030.

 

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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‘Florida needs Disney,’ says Harvard professor

‘Florida needs Disney,’ says Harvard professor

Disney (DIS) versus DeSantis.

As the media conglomerate proceeds to grapple with the aftermath of Florida Governor Ron DeSantis revoking the company’s particular tax district, enterprise leaders close to the globe are thinking about their have firm values as political troubles acquire heart phase, Get Auto Repair.

“I never think [Disney CEO Bob Chapek] did his research,” Monthly bill George, a Harvard Company University professor and previous chairman and CEO of health care gadget business, Medtronic, explained to Yahoo Finance.

“We are in a various earth right now — he was performing like he was again in the 1990s. In this earth of 2022, you have all varieties of stakeholders who count on you to consider a position, especially your personnel,” the professor continued, incorporating that personnel nowadays have identified their voice “significantly in this article-COVID globe.”

“They want to be highly regarded and read, and they want their CEOs to talk on their behalf,” he reported, stating that Bob Chapek’s silence on the Parental Rights in Training Act, or what critics have dubbed the “Don’t Say Homosexual” monthly bill, established the “uproar” that sooner or later led to the political crossfire with DeSantis.

“Disney is appropriate in the thick of it, and it is struggling to get out of this mess, Get Auto Repair.”

 

CEOs nowadays want to know how to direct by means of a disaster…Monthly bill George, Harvard Company School professor and former chairman and CEO of Medtronic

The controversial bill, which will go into effect on July 1, states, “Classroom instruction by school staff or 3rd functions on sexual orientation or gender identification may well not arise in kindergarten by means of quality 3 or in a way that is not age correct or developmentally correct for pupils in accordance with condition requirements.” Dad and mom will be able to sue districts about violations.

Chapek initially made a decision not to speak publicly on the issue, opting as a substitute to get the job done guiding the scenes in an try to soften the legislation. It did not perform.

The govt sooner or later reversed course following powerful backlash. He publicly denounced the act for the duration of the firm’s once-a-year shareholder assembly on March 9, in addition to specifically apologizing to personnel in a enterprise memo.

But several imagine it was just way too very little, also late.

“When this legislation begun in Florida, [Disney] really should have experienced a place completely ready to go…a place that was accurate to the mission and values of what Disney is — a place that accepts everybody for who they are,” George mentioned.

FILE PHOTO: Bob Chapek, chairman of Walt Disney Parks and Resorts, speaks during the 10th anniversary ceremony of Hong Kong Disneyland in Hong Kong, China September 11, 2015. REUTERS/Tyrone Siu/File Photo
FILE Photograph: Bob Chapek, chairman of Walt Disney Parks and Resorts, speaks during the 10th anniversary ceremony of Hong Kong Disneyland in Hong Kong, China September 11, 2015. REUTERS/Tyrone Siu/File Image

Chapek’s fumble now serves as a cautionary tale to other organization leaders who are “quite anxious” about potential political battles, according to the professor.

Executives “don’t want to get caught in the crossfire, both, but they are all likely back again and genuinely thinking, ‘What do I stand for?’ ‘What problems must I get included in?’ ‘When need to I get associated?’ and ‘How do I steer clear of obtaining caught in the crosshairs of some politician?’ George discussed.

“CEOs today require to know how to lead via a crisis due to the fact we go from a person crisis to the upcoming — from COVID to George Floyd to Russia and Ukraine, and in all probability one more 1 just all over the corner,” he ongoing.

“They need to have to be prepared to offer with these crises and have a place which is legitimate to their enterprise.”

‘Vatican with mouse ears’

ORLANDO, FL - MARCH 22: Disney employee Nicholas Maldonado holds a sign while protesting outside of Walt Disney World on March 22, 2022 in Orlando, Florida. Employees are staging a company-wide walkout today to protest Walt Disney Co.'s response to controversial legislation passed in Florida known as the “Don’t Say Gay” bill. (Photo by Octavio Jones/Getty Images)
ORLANDO, FL – MARCH 22: Disney staff Nicholas Maldonado retains a indication while protesting exterior of Walt Disney Environment on March 22, 2022 in Orlando, Florida. Staff members are staging a corporation-vast walkout now to protest Walt Disney Co.’s reaction to controversial laws handed in Florida recognized as the “Don’t Say Gay” bill. (Photo by Octavio Jones/Getty Visuals)

At the moment, Walt Disney Entire world Resort sits on a 40-square mile area recognised as Reedy Creek, the particular tax district that has authorized Disney to operate as a self-governing entity given that its inception, Get Auto Repair.

That indicates Disney controls all of its utilities and infrastructure, sets making codes, operates its very own police and fire departments, and can broaden and grow whenever it wishes — all with no community or state govt interference.

“I simply call it a Vatican with mouse ears, mainly because it is really effectively the same sort of authority that the Vatican has in Rome in the state of Italy,” said Richard Foglesong, Disney historian and author of the reserve “Married to the Mouse: Walt Disney Planet and Orlando.”

As a result, the district (in addition to delivering huge regulate and versatility) will save the organization tens of thousands and thousands of dollars just about every calendar year in specified taxes and expenses.

The new ruling will thus power Disney to pay out taxes on people federal government-funded programs nonetheless, it also signifies that Reedy Creek’s $997 million really worth of bond debt, and some $163 million in once-a-year tax payments, could drop on the citizens of Orlando.

U.S. Florida Governor Ron DeSantis speaks at the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 24, 2022. REUTERS/Octavio Jones
U.S. Florida Governor Ron DeSantis speaks at the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 24, 2022. REUTERS/Octavio Jones

DeSantis uncovered in a city hall previous week that there will be “extra legislative motion” to tackle potential tax fallout and any problems pertaining to the legality of dissolving the district.

“We’ve contemplated that. We know what we are going to do, so stay tuned. That’ll all be evident,” the governor stated.

Even now, who or what will spend off Disney’s bond debt is “the billion dollar concern.”

“There are several unintended penalties, frankly, that have not been thought through that will give Disney additional ammunition,” George claimed.

‘Florida demands Disney’

For that reason, thanks to the many uncertainties encompassing the bill, some authorities say the dissolution may not even materialize.

“I don’t consider it can be pretty very likely — frankly, the penalties are way too dire,” Foglesong surmised.

However, the monthly bill was signed into legislation by Governor DeSantis final thirty day period and, barring any key backpedaling on the part of lawmakers, will go into result in June 2023. Disney could also sue Florida for retaliation in an attempt to thwart the legislation, whilst industry experts say it is additional likely that the media big will enter into negotiations to change the terms of the district.

“Florida needs Disney — it is a huge revenue producer and has improved anything all-around [Orlando,]” George mentioned bluntly, indicating the battle has turned into a concern of “who demands who more.”

“Florida won’t be able to do without the need of Disney Earth, I can convey to you that.”

Alexandra is a Senior Enjoyment and Foodstuff Reporter at Yahoo Finance. Stick to her on Twitter @alliecanal8193 or e mail her at alexandra.canal@yahoofinance.com

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Finance company to bring hundreds of jobs to Stamford

Finance company to bring hundreds of jobs to Stamford

STAMFORD — Financial-services firm Mirador LLC announced Monday it plans to relocate its headquarters from Darien to Stamford and add about 250 positions in the next three years — the latest of several companies in the past year to qualify for state funding to support significant jobs growth.

Mirador plans to open by the end of this summer its under-construction offices covering more than 20,000 square feet across the fourth floor at 850 Canal St., in Stamford’s South End. It will be relocating from 10 Corbin Drive in downtown Darien where its main offices have been based since its 2015 founding.


The move will increase by nearly 50 percent the headquarters footprint of a firm that employs about 100 and specializes in managed services for the wealth management industry.

“We went from one small office to 14 separate offices at Corbin Drive, with 23 doors. So unfortunately, we’re going to have to say goodbye to Darien, but we’ll always consider it our birthplace,” Joseph Larizza, Mirador’s founder and managing partner, said Monday at a news conference at 850 Canal, joined by a number of his colleagues and local and state officials, including Gov. Ned Lamont.

“That leads to what we have here, which is a place that is really going to be able to command us to get good-paying career jobs for people in the industry. We’re looking forward to our next chapter.”

To support Mirador’s growth, the state Department of Economic and Community Development will provide a grant of up to approximately $3.24 million. The maximum amount is contingent upon the firm creating and retaining 250 full-time jobs. If it creates fewer positions, then Mirador could receive a smaller grant.

“We had to reinvent and rethink what the state of Connecticut was going to be — and that’s the next generation of jobs,” Lamont said. “Right here in Stamford, I think you’re seeing the next generation of fintech.”

Larizza said the support of officials such as Lamont, Stamford Mayor Caroline Simmons, DECD Commissioner David Lehman and Peter Denious, CEO of the economic development-focused nonprofit AdvanceCT, was pivotal in Mirador’s decision to stay in Connecticut. The firm also considered potential headquarters locations in other states like New York, New Jersey and Rhode Island before settling on Stamford, according to Larizza.

“We’ve met the governor three times now; we’re not even in our (new) space. We were Mayor Simmons’ first meeting after she had her baby,” Larizza said. “We really appreciate the responsiveness that Connecticut has given us. … We’re really excited about how much effort the state is putting into bringing industry and financial services and fintech back to our state.”

Simmons expressed similar enthusiasm.

“Thank you for staying in Connecticut and for choosing Stamford to bring your incredibly innovative and growing company and all these excellent, high-paying jobs to our city,” Simmons said.

In addition to more than 90 professionals working in Darien, Mirador also has employees based in Chicago; Jacksonville, Fla.; Salt Lake City, Utah; and Dublin, Ireland.

Its services encompass financial reporting, middle-office and “expert” services, an adviser technology platform and an adviser-client portal. Its clients include high-net-worth families and family offices, wealth managers, endowments and foundations.

Mirador represents the latest of several companies that have announced in the past year plans to expand in southwestern Connecticut, backed by jobs-dependent state subsidies. Those other businesses include financial-services firms Digital Currency Group, iCapital, Hudson Bay Capital and Tomo Networks and manufacturer and technology-services provider ITT.

Tobacco giant Philip Morris International, which is planning to open later this year a new headquarters in downtown Stamford after relocating from Manhattan, is not receiving state funding.

DCG, ITT, iCapital, PMI and Tomo cumulatively plan to create several hundred jobs in the state during the next few years.

“To use that overused word ‘ecosystem,’ we’ve got one here in fintech,” Denious said. “I think it has tremendous potential to continue to bring more businesses and help the ones that are already here grow, a la Mirador.”

pschott@stamfordadvocate.com; twitter: @paulschott

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Stock futures rise before first session of April, jobs report

Stock futures rise before first session of April, jobs report

U.S. stocks were firmly in the green Friday morning as investors looked ahead to a new month of trading and mulled fresh data out of Washington on the state of the labor market.

The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite were each up more than 0.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} after closing out the final trading of March lower to log their worst quarter since the start of 2020.

Investors on Friday are closely monitoring the Labor Department’s monthly jobs report, the most up-to-date snapshot of the strength in hiring across the U.S. economy. U.S. employers added 431,000 jobs in March. Consensus economists were looking for non-farm payrolls to rise by 490,000, according to Bloomberg data, slowing from February’s 678,000 gain but still marking an increase well above pre-pandemic trends. The unemployment rate fell to 3.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} compared to 3.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} expected — the lowest since February 2020.

Stocks are pushing ahead into April following a volatile month and quarter of trading. The S&P 500 and Dow each dropped more than 4.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the first three months of 2022, closing out their worst quarters — and first quarterly declines — since the first quarter of 2020. The Nasdaq Composite saw the biggest decline, shedding 9.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the past three-month period, as investors rotated away from the technology and growth stocks that had led the market higher last year.

April has historically been a strong month for stocks, and has in fact produced a positive return for the S&P 500 in 15 of the last 16 years, according to LPL Financial’s Ryan Detrick. This time, however, stocks are facing a variety of headwinds that may upend this historically positive seasonality.

Namely, a confluence of concerns around the geopolitical and macroeconomic backdrop contributed to stocks’ worst quarterly performance in two years, and have yet to be fully resolved. Geopolitical risks have been elevated since Russia’s invasion of Ukraine in late February, raising the specter of further snarls to global supply chains that have already been struggling to recover from pandemic-era disruptions. A broad-based spike in prices, and in oil and energy prices especially, has further stoked concerns over the resilience of the consumer — the key driver of the domestic economy — going forward. And the Federal Reserve has begun a protracted process of raising interest rates and tightening financial conditions in a market that had grown accustomed to easy monetary policy since 2020.

“I think investors are very happy that the quarter is over. It was a tough one. Obviously inflation was bad all the way until … the end of the quarter,” Robert Cantwell, Upholdings portfolio manager, told Yahoo Finance Live on Thursday. “And in all likelihood, the next four to six weeks, it’s likely going to continue to be bad news because inflation is persistent, and we’re still comping record growth rates from the first four months of last year.”

“That said, as you get to the second half of next quarter, you could see a scenario where growth rates start accelerating again while inflation tempers, and that has the potential to bring a lot of the bulls back into the market,” he added.

LPL Financial points out that corporate profits may be another component driving the latest rebound in equities. Even in the face of war in Eastern Europe and decades-high inflation, earnings have been holding up, and estimates for S&P 500 Index earnings per share over the next four quarters are higher in March. Although not by much at 1.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, the positive forecast is significant under the circumstances – particularly compared to how other countries have fared. Inflation is driving the more sizable corporate profits as companies enjoy more pricing power as they pass along higher costs to customers.

“On the back of energy independence, the trajectory of U.S. corporate profits has been unaffected by rising energy costs and high inflation so far,” LPL Financial equity strategist Jeffrey Buchbinder noted, adding that conversely, earnings expectations in international markets have fallen in March. “The U.S. profit outlook is the envy of the world right now.”

Elsewhere on the companies front, meme-stock favorite GameStop revealed in a form 8-K filed with the SEC after the bell Thursday that the video-game retailer will seek approval for a stock split at its upcoming shareholder meeting. GME is following a growing list of major companies — Alphabet, Amazon, Tesla — it what could be the “summer of stock splits.” Stock splits are a corporate action taken to improve trading liquidity and make shares more affordable without impacting market capitalization. GME rallied as much as 20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in extended trading to a 4-month high of more than $200 per share following the news.

—

9:30 a.m. ET: Stocks rise following March jobs report

Here were the main moves in markets at Friday’s open:

  • S&P 500 (^GSPC): +12.54 (+0.28{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 4,542.95

  • Dow (^DJI): +74.62 (+0.22{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 34,752.97

  • Nasdaq (^IXIC): +70.78 (+0.50{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 14,291.30

  • Crude (CL=F): -$1.01 (-1.01{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $99.27 a barrel

  • Gold (GC=F): -$23.10 (-1.18{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,930.90 per ounce

  • 10-year Treasury (^TNX): +9.9 bps to yield 2.4260{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

—

8:30 a.m. ET: New payrolls come in lower than expected

The U.S. economy notched another sizable payroll gain in March as the labor market extending its strong and speedy recovery to bring employment back to pre-pandemic levels. U.S. employers added 431,000 jobs, lower than the expected 490,000 jobs.

Meanwhile, the unemployment rate dropped a more-than-expected two-tenths of one percent, edging closer to the historic low of 3.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} seen in February 2020, Bankrate senior economic analyst Mark Hamrick noted, though pointing out that the labor force participation rate remains 1 percentage point below its pre-pandemic level.

The labor force participation ticked up slightly to 62.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} after an unexpected jump to 62.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in last month’s data signaled more individuals were returning to look for work or be placed in jobs after being sidelined by COVID-19.

“Beyond the positive March snapshot, the outlook for the next year is for further moderation in jobs creation,” Hamrick said in a note. “Emboldened by exorbitantly high inflation, a hawkish Federal Reserve feels compelled to slam on the brakes. It is hard to imagine how tightening doesn’t ultimately affect the job market.”

—

7:14 a.m. ET Thursday: Futures charge higher to kick off April trading

Here were the main moves in futures trading ahead of the open Friday:

  • S&P 500 futures (ES=F): +22.00 points (+0.49{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 4,552.75

  • Dow futures (YM=F): +172.00 points (+0.50{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 34,790.00

  • Nasdaq futures (NQ=F): +80.00points (+0.45{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 14,948.75

  • Crude (CL=F): +$0.14 (+0.14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $100.14 a barrel

  • Gold (GC=F): -$21.90 (-1.12{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to $1,932.10 per ounce

  • 10-year Treasury (^TNX): 0.00 bps to yield 2.3270{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

—

6:12 p.m. ET Thursday: Stock futures open slightly higher

Here’s where the major stock index futures opened Thursday evening:

  • S&P 500 futures (ES=F): +12.5 points (+0.28{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 4,543.25

  • Dow futures (YM=F): +100 points (+0.29{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 34,718.00

  • Nasdaq futures (NQ=F): +51.75 points (+0.35{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to 14,920.50

NEW YORK, NEW YORK - MARCH 28: Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2022 in New York City. Following a positive week for stocks, the Dow Industrial Average was down over 100 points in morning trading. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK – MARCH 28: Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2022 in New York City. Following a positive week for stocks, the Dow Industrial Average was down over 100 points in morning trading. (Photo by Spencer Platt/Getty Images)

—

Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter.

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