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With sparse data, focus returns to Europe (Reuters)
Reuters – Europe will again be at the center of investors’ focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction. More: With sparse data, focus returns to Europe (Reuters) Read More →
Nasdaq vaults to 11-year high on surge in jobs (Reuters)
Reuters – A surge in hiring in the world’s largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery. See the original post: Nasdaq vaults to 11-year high on surge in jobs (Reuters) Read More →
Analysis: Stock-picking makes a comeback as macro tides fade (Reuters)
Reuters – Stock-picking once again matters on Wall Street. Read more: Analysis: Stock-picking makes a comeback as macro tides fade (Reuters) Read More →
Jobless claims fall, jobs market slowly healing (Reuters)
Reuters – New claims for unemployment benefits in the United States fell more than expected last week, pointing to more healing in the nation’s battered jobs market. More here: Jobless claims fall, jobs market slowly healing (Reuters) Read More →
LG reports handset profit after six-quarter losing (Reuters)
Reuters – South Korea’s LG Electronics Inc, the world’s No.2 TV maker, swung to a profit in the fourth quarter as its latest smartphone model helped its ailing handset unit post a small profit after six consecutive quarterly losses. See the original post: LG reports handset profit after six-quarter losing (Reuters) Read More →
Quest for the golden cross (Reuters)
Reuters – January has turned out strong for equities with just two trading days to go. If you’re afraid to miss the ride, there’s still time to jump in. You just might want to wear a neck brace. Go here to read the rest: Quest for the golden cross (Reuters) Read More →
Billionaire Buffett defends proposed tax rate change (Reuters)
Reuters – Increasing taxes on the wealthy would bring fairness to U.S. taxpayers across the board, billionaire investor Warren Buffett said on Wednesday, backing the tax reform that President Barack Obama proposed in his State of the Union address. Originally posted here: Billionaire Buffett defends proposed tax rate change (Reuters) Read More →
Fed and Apple restart Wall Street’s advance (Reuters)
Reuters – Big profits from Apple and a promise from the Federal Reserve to keep rock-bottom rates for at least two more years powered the U.S. stock market higher on Wednesday. Read the original: Fed and Apple restart Wall Street’s advance (Reuters) Read More →
Nasdaq turns positive (Reuters)
Reuters – Stocks cut losses and the Nasdaq turned positive on Tuesday as equities continued to show resilience after a five-day rally, but investors were cautious as talks to resolve Greece’s debt crisis faltered. View original post here: Nasdaq turns positive (Reuters) Read More →
Fed seen indicating no rate hikes until 2014 (Reuters)
Reuters – The Federal Reserve opened a two-day meeting on Tuesday that is expected to end with a signal that interest rates will be held near zero into 2014. Read more: Fed seen indicating no rate hikes until 2014 (Reuters) Read More →