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What Recession? New Jobs Data Doubles Expectations, What You Need To Know
Wednesday, May 3, 2023 - 11:21am | 343Read More...Private sector employment in the U.S. surged in April, with a total of 296,000 jobs added during the month, according to data issued in the ADP National Employment Report. What Happened: The job additions are a significant increase compared to the revised 142,000 jobs added in March, and are more...
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Markets Inch Higher Following Encouraging Beige Book Commentary
Wednesday, December 3, 2014 - 6:11pm | 923Read More...U.S. stocks were mostly higher as the Dow and S&P 500 closed the day at record highs. The Fed's Beige book contained positive commentary on improved employment with “widespread” gains across all 12 districts. Manufacturing activity improved in most districts along with...
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Dow, S&P 500 Close At Record Highs
Wednesday, November 5, 2014 - 6:04pm | 859Read More...U.S. stocks were mostly higher after Republicans took control of the Senate after Tuesday's elections as the Dow Jones Industrial Average (INDEXDJX: .DJI) and S&P 500 (INDEXSP: .INX) both closed at historical all-time highs. "Congress will pass some bills I cannot sign; I'm...
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Mixed Economic Data, Ebola Scares Rattle Markets
Wednesday, October 1, 2014 - 5:02pm | 1696Read More...U.S. stocks declined sharply as investors digest reports of a confirmed case of Ebola in the United States. In addition, economic data released on Wednesday was mixed, at best. Construction spending fell during August while ISM manufacturing came in weaker than expected. Bulls are hoping that...
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Market Wrap For June 4: Markets Slightly Higher On Light Volume, Beige Book
Wednesday, June 4, 2014 - 4:38pm | 2314Read More...U.S. stocks were moderately higher as the S&P 500 continues to reach new highs. Investors found plenty of positives after the Federal Reserve released its summary of commentary on current economic conditions, also known as the “Beige Book.” “All twelve Federal Reserve...
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Market Wrap For April 30: Markets Positive Despite Fed Tapering and GDP Rising Less Than Expected
Wednesday, April 30, 2014 - 4:35pm | 3030Read More...U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...
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Market Wrap For April 2: Markets On Four-Day Winning Streak
Wednesday, April 2, 2014 - 4:40pm | 2499Read More...U.S. stocks rose for the fourth-consecutive day as investors found plenty of positives in today's ADP National Employment Report released today. As a result, the S&P 500 hit new all time highs of 1,893.17 while the Dow remains just a few small points away from its all time highs. The next...
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Market Wrap For February 5: Markets Unsure Of Which Direction To Take
Wednesday, February 5, 2014 - 5:47pm | 3034Read More...U.S. stocks finished the day almost unchanged as investors and traders were presented with a mixed bag of data today. A better than expected report on the service sector negated another report that showed that companies added fewer employees to their payrolls than anticipated in January. The...
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Market Wrap For January 8: Fed Minutes Released
Wednesday, January 8, 2014 - 5:39pm | 2250Read More...Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...










