Posts Tagged ‘benefits-fell’
Stocks Surged in Early Trading Thursday after China Reassured Investors it Doesn’t Plan to Sell any of the European Debt it Holds
Submitted by SmallCapVoice.com The Dow Jones industrial average rose about 150 points in morning trading, while Treasury prices tumbled as traders pumped money into stocks. China’s confidence in Europe overshadowed disappointing reports about the U.S. economy. The Labor Department said initial claims for unemployment benefits fell last week, but not by as much as economists had forecast Read the rest of this entry »
Stocks are higher on signs of an improving domestic economy
Submitted by SmallCapVoice.com The Labor Department said initial claims for unemployment benefits fell last week, though they did not drop quite as far as predicted. First-time claims dipped to 448,000 last week. Economists polled by Thomson Reuters had forecast a drop to 445,000. Dealmaking and earnings have also provided fresh evidence the U.S. economy is on the Read the rest of this entry »