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Category Archives: Jobs
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.
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.
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.
Traders and investors largely ignored more evidence of a weakening U.S. economy on Thursday, sending stock and bond prices higher.
U.S. stocks finished an otherwise down week with a flourish, as the Dow climbed 165 points or 1.1% Friday, putting it in positive territory (+0.6%) for the week.
A slightly better than expected report on jobless claims and no action from the European Central Bank were apparently enough to ignite a strong rally in U.S. and European stocks on Thursday.
U.S. stocks headed in a southerly direction Wednesday as trading volume was suppressed by wicked winter weather throughout the Northeast.
U.S. stocks rebounded strongly on Thursday, helped by a fairly robust fourth quarter GDP report and some good corporate news.
An unexpected contraction in China’s manufacturing sector set off a global drop in stocks Thursday and a flight to high-grade bonds and currencies.