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Closing Update: Better-Than-Expected November Jobs Reports Ignites Big Rally for Stocks; SP 500 Rises For Third Week in a Row

Stocks surged Friday after an above consensus rise in November hiring lifted the odds of the Federal Reserve raising interest rates later this month to a near certainty. The U.S. economy added 211,000 new jobs last month, the Labor Source
Posted On 06 Dec 2015

Day-Long Rally Just Enough to Carry SP 500 to Third Weekly Gain; Tech, Consumer Staple Stocks Lead Rally

It took a big rally on Friday to erase all of the week’s losses for the S&P 500, with solid advances for shares of technology and consumer staple companies working to offset most of a 4.5% weekly decline for Source
Posted On 06 Dec 2015

Nikkei 225 Down 2.18% On Disappointing ECB Package

The Nikkei 225 Friday opened lower and sank from there as traders eyed a disappointing lack of stimulus from Thursday’s European Central Bank policy meeting and the subsequent sell off in Europe and on Wall Street. The broad measure Source
Posted On 04 Dec 2015

Hong Kong Hang Seng Off 0.81%, Follows Global Markets Down After ECB Dud

The Hong Kong Hang Seng Index fell 0.81% Friday, as traders eyed sinking bourses in Europe, and saw Wall Street fall overnight after the European Central Bank Thursday revealed a disappointing stimulus plan. The broad gauge Hang Seng fell Source
Posted On 04 Dec 2015

Close Update: Stocks Plummet as ECB Stimulus Measures Fall Short of Expectations

Wall Street limped into the close with another day of triple digit losses as the European Central Bank disappointed financial markets, Fed Chair Janet Yellen telegraphed a likely December rate hike, and possible terrorist attack in Southern California rekindled Source
Posted On 04 Dec 2015

Technology Sector Update for 12/03/2015: INSY,PBMD,OPXA

Top Health Care Stocks JNJ 1.12% PZE 1.28% MRK 2.45% ABT 2.21% AMGN 3.70% Health care stocks were mostly lower, with the NYSE Health Care Index retreating 1.8% while shares of health care companies in the S&P 500 were Source
Posted On 04 Dec 2015

US Equities Futures Edge Up Ahead of Pivotal Jobs Report

U.S. stock futures were trading slightly higher before the release of the November employment report which could be a harbinger for whether the Federal Reserve will raise the interest rate later this month. At 8 30 a.m. E.T. data Source
Posted On 04 Dec 2015

TSX May Open Higher on Oil Price Hike

Canada’s benchmark index looks set to open higher on Friday, reversing sharp losses from the previous session, as oil prices rose amid the much awaited meeting among OPEC member nations in Vienna, Italy. Gains, however, may be limited by Source
Posted On 04 Dec 2015

Technology Sector Update for 12/04/2015: NMBL, HPE

Top Technology Stocks MSFT +0.4% AAPL +0.2% IBM +0.6% CSCO flat GOOG +0.4% Technology shares were mainly higher in pre market trade on Friday. In technology stocks news, coverage of Nimble Storage ( NMBL ), a data storage company, Source
Posted On 04 Dec 2015

Financial Sector Update for 12/04/2015: LPT, MRCC

Top Financial Shares JPM +1.2% BAC +1.6% WFC +1.2% C +1.1% USB +0.7% Financial shares were higher in pre market trade on Friday after jobs data showed that non farm payrolls rose 211,000 in November. The 271,000 surge in Source
Posted On 04 Dec 2015