Stocks struggled to gain Wednesday after a weaker-than-expected jobs report killed some momentum toward a market rebound.
The Dow Jones industrial average (INDU) was up slightly, while the S&P 500 (SPX) gained 0.4% and the Nasdaq (COMP) was up about 0.7%.
The ADP report showed less of a job-market gain than economists had hoped, which dented stocks [...]
Posts Tagged ‘stocks’
Stocks struggle to rise
June 30th, 2010 by Financial Writer
Tags: businesses, Dow Jones Industrial, economic recovery, economists, global economic, Nasdaq composite, stocks, world markets
more...Stocks end mixed after China slows lending again
February 12th, 2010 by Financial Writer
A look at economic developments and activity in major stock markets around the world Friday:
FRANKFURT — With Greece overdrawn and no one eager to foot the bill, Europe’s messy debt crisis has exposed a fundamental weakness among the 16 countries that share the euro: different and often diametrically opposed approaches to spending don’t make for [...]
Tags: economic developments, major stock, money surging, real estate prices, stocks
Stocks rise after slew of economic reports
November 25th, 2009 by Financial Writer
Stocks rose in light volume Wednesday following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales.
Trading volume was thin ahead of the Thanksgiving holiday. Light volume can exacerbate swings in the market.
The Labor Department said new claims for unemployment insurance fell by 35,000 last [...]
Tags: home sales, investors, stocks, thanksgiving holiday, unemployment
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