NEW YORK Good news was finally good news for the stock market on Friday.Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.The strengthening job market focused investors on the nation’s improving economy instead of concerns about the Federal Reserve’s […]
Originally published December 6, 2013 at 7:33 AM | Page modified December 7, 2013 at 2:25 AM
NEW YORK — Good news was finally good news for the stock market on Friday.Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.The strengthening job market […]
Benchmarks ended in the negative territory on Thursday as encouraging economic reports once again intensified apprehensions that Federal Reserve’s tapering may happen sooner than expected. The economy was reported to have expanded at a faster rate and the initial claims number dropped. Now, Friday’s nonfarm payroll report will be keenly watched for further hints on Fed’s taper decision. The Dow […]
Major Stock Market Crash In January? It’s Going To Be A Whole Lot Worse Than In The 1930s
Chart: http://modernsurvivalblog.com/wp-content/uploads/2013/11/major-stock-market-crash-in-january.gifIs there a major financial crash in our near future? You must check out this stunning analogy between the current day Dow Jones Industrial Index compared with the time period 1928-1929 leading up to the memorable stock market crash…The pattern of stock price […]
Better-than-expected earnings from Hewlett-Packard along with a couple of encouraging domestic reports guided benchmarks higher on Wednesday. Initial claims numbers and the Michigan consumer sentiment report boosted investor confidence. Meanwhile, manufacturing activity in Chicago declined in November from the previous month but came in above market expectations. The technology sector was the biggest gainer among the S&P 500 industry groups […]
The Dow finally recorded its first close above the 16,000 mark yesterday driven by encouraging jobs data. The Nasdaq too finished in the green while the S&P 500 snapped its three-day losing streak. Meanwhile, annual inflation rate came in lower than the Federal Reserve’s target. President of the Federal Reserve Bank of St. Louis and a voting member of the […]
Benchmarks moved higher on Friday, following an unanticipated boost in U.S. jobs growth in October. Consequently, the S&P 500 moved up for the week, following its worst performance in ten weeks on Thursday. The increasing prospect of the Federal Reserve tapering its stimulus program starting December raised bond yields. A few domestic reports were also released on Friday, providing data […]
Canadian bank stocks are poised to benefit from growing signs of recovery in the United States, according to a financial services analyst at Desjardins Securities.In a note to clients Friday, Michael Goldberg said recent economic reports on jobs and house prices in the United States are likely to drive U.S. bond yields higher. According to the Toronto-based analyst’s thesis, this […]
The U.S. employment picture is getting brighter, much brighter, according to a regular Labor market report published Friday morning. Total nonfarm payroll employment rose by 204,000 in October, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in leisure and hospitality, retail trade, professional and technical services, manufacturing, and […]
Stocks ended sharply lower on Thursday, after weak earnings from Whole Foods and Qualcomm dragged down the S&P 500 and Nasdaq. However, Twitter made an impressive debut on the bourses yesterday. Meanwhile, a number of government reports were published yesterday. These reports along with Friday’s much awaited job’s numbers will give investors some insight into how long the Fed will […]
