Stocks were mostly lower on Tuesday for a second straight session as the dollar strengthened and oil prices declined in late trading, eroding earlier gains in the energy sector.
The Dow Jones industrial average fell 60.09 points, or 0.53 percent, to 11,346.75. The Standard & Poor’s 500-stock index declined 9.85 points, or 0.8 percent, to 1,213.40. [...]
Posts Tagged ‘economic indicators’
Markets Fall for a Second Day as the Dollar Improves
November 9th, 2010 by Financial Writer
Tags: commerce department, Dow Jones Industrial, economic indicators, economy recovery, Global Economy, loans, real estate investment, stock market
more...Economy shed 95,000 jobs in September
October 10th, 2010 by Financial Writer
A sharp falloff in local government payrolls, mostly at schools, added an ominous new weight to the depressed labor market last month as the American economy lost 95,000 jobs and the unemployment rate remained at 9.6 percent.
In the last monthly employment report before the Nov. 2 midterm elections, which many see as a referendum on [...]
Tags: Dow Jones Industrial, economic indicators, economists, economy activity, lower interest rates, unemployed americans, unemployment rate
Fed will keep eye on demand despite inflation nod
September 22nd, 2010 by Financial Writer
Even though the Federal Reserve drew a bright line under its inflation mandate at its meeting this week, officials will remain keenly focused on the strength of demand in deciding whether to ease again.
The Fed edged nearer to giving the wobbling U.S. economic recovery another shot in the arm on Tuesday by saying it stands [...]
Tags: economic growth, economic indicators, economic recovery, Federal Reserve, financial system, inflation, us central bank, us economy
Asia stocks gain on Japan, US economy indicators
September 9th, 2010 by Financial Writer
Most Asian markets gained Friday after Japan said its economy grew more than estimated and better U.S. jobs and trade figures eased fears that the world’s largest economy might slip back into recession.
Japan’s Nikkei 225 stock average was up 117.90 points, or 1.3 percent, at 9,216.29 after slipping back from the morning’s 2 percent rise. [...]
Tags: economic growth, economic indicators, economy, economy recovery, financial markets, financial system, Global Economy, investors, us economy
European stocks down, growth fears offset earnings
August 18th, 2010 by Financial Writer
European stock markets slipped Wednesday as stronger earnings from U.S. retailers Wal-Mart Stores Inc. and Home Depot Inc. failed to ease worries about slowing growth in China and elsewhere.
Investors also discounted a new round of deal making, after BHP Billiton’s hostile $38.5 billion all-cash takeover for Potash Corp. of Saskatchewan, which the Canadian company’s board [...]
Tags: Dow Jones Industrial, economic indicators, economy recovery, european economy, european stocks, financial markets, housing market, stock market, wall street
Unemployment report portrays stagnant job market
August 6th, 2010 by Financial Writer
Private business added only 71,000 new net jobs in July as payrolls fell for a second straight month nationally, the Labor Department reports.
The employment picture in the U.S. remained bleak last month as the nation’s payrolls fell for a second straight month, with private-sector businesses adding a disappointingly scant number of new jobs. The jobless [...]
Tags: business, economic indicators, economists, financial system, Global Economy, money, unemployment, unemployment rate, us economic, us economy
GDP data overstates economy’s health
January 30th, 2010 by Financial Writer
The U.S. economy turned in a surprisingly good performance in the fourth quarter, surging ahead by 5.7 percent on an annual basis, according to a government report released Friday.
Or did it?
President Obama was quick to highlight the economy’s progress and “the swift and aggressive actions that made it possible.” At a manufacturing company in Baltimore, [...]
Tags: action economics, economic indicators, gdp, inflation, us economy
Ahead of the Bell: Leading economic indicators
January 21st, 2010 by Financial Writer
Analysts expect that a private forecast of U.S. economic activity rose at a slightly slower pace in December, signaling that the slow, bumpy recovery from the recession was likely to continue.
The Conference Board’s index of leading economic indicators likely rose 0.7 percent last month, according to Wall Street economists surveyed by Thomson Reuters. The index, [...]
Tags: economic indicators, economy recovery, real estate sector, recession, stock prices, unemployment, us economic
Ahead of the Bell: Leading economic indicators
December 17th, 2009 by Financial Writer
Analysts expect that a private forecast of U.S. economic activity rose for the eighth straight month in November, signaling that the economic recovery will extend into next year.
The Conference Board’s index of leading economic indicators likely rose 0.7 percent last month, according to Wall Street economists surveyed by Thomson Reuters. The index, which is meant [...]
Tags: economic indicators, economists, leading, money supply, us economic