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Category Archives: Jobs
Stocks weathered another batch of weaker than expected economic reports on Thursday but comments by a Fed bank president that the central bank might start to slow its asset purchases soon sent prices falling.
Stocks and most other financial assets were modestly but broadly lower on Thursday, both in the U.S. and abroad.
A stronger than expected rate of job creation in April sent big-cap stock price indexes to new highs on Friday, with the S&P 500 blasting through 1600 for the first time and the Dow breaking through 15000 before closing a … Continue reading
U.S. stocks rebounded on Thursday, erasing Wednesday’s losses, on a lower-than-expected report on jobless claims and a rate cut from the European Central Bank.
The Federal Reserve’s announcement that it plans to keep its asset-purchase plan in effect for the foreseeable future, and might even increase it if necessary, failed to rescue stock prices on Wednesday.
Although they appeared to tire in the last two hours of trading, U.S. stocks resumed their rise on Thursday, with gainers ahead of decliners by a roughly 2:1 margin.
Stocks fell for a second straight day and the fourth time in the past five sessions on Thursday as corporate earnings and economic reports disappointed investors.
Bolstered by a lower than expected number of unemployment claims filed in the latest week, U.S. stocks rose again on Thursday to keep their four-day win streak alive.
Many of this week’s early reports on the state of the U.S. economy in March came in on the low side of expectations, and yet stock prices held on fairly tightly to the highs hit at mid-week.
The Bank of Japan’s unprecedented stimulus announcement helped lift U.S. stocks Thursday despite another increase in weekly unemployment claims.