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Category Archives: Europe
A better than expected jobs report for February helped U.S. stocks get off to a positive start on Friday before concerns about the worsening Ukraine crisis created a mild selloff.
U.S. stocks were mostly higher but the major indexes mixed Thursday following a lower than expected unemployment claims figure ahead of Friday’s Labor Department jobs report.
Comments by Russian President Vladimir Putin that he didn’t see the need for a deeper incursion into Ukraine “for the moment” while noting that “the possibility still exists” was enough to ease tensions and get the global bull stock market … Continue reading
Economic reports out on Monday were generally positive, but Russia’s invasion of Ukraine had investors went scurrying for safety, sending the Dow Jones Industrials down 154 points or 0.9%.
The fourth time proved to be the charm for the S&P 500 on Thursday as the index closed at a new record high after three failed attempts earlier this week.
The major U.S. stock averages closed mildly in the red on Tuesday following a day of mostly directionless trading amid growing evidence of a limp economy.
Stocks had healthy gains to start the new week, but they couldn’t hold on to the best levels of the day, hit in early afternoon trading.
U.S. stocks got off to a weak start on Thursday following another negative report on the Chinese economy and a disappointing earnings report from Walmart but moved higher the rest of the day to close solidly in the green.
Stocks rose moderately on Friday, with the Dow adding 127 points (0.8%) and the S&P 500 (+0.5%) closing within 0.5% of its all-time high.
Stocks wobbled a bit today, with the Dow Jones Industrials giving up roughly 30 points (0.2%) or about one-fifth of Tuesday’s 190-point “Yellen rally.”