Posts Tagged ‘much-as-economists’
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 »