Standard & Poor’s lowered the credit ratings for AT&T and Verizon Communications on Monday, saying that increased competition will make it harder for the two largest phone companies to pay down their long-term debt.
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Standard & Poor’s lowered the credit ratings for AT&T and Verizon Communications on Monday, saying that increased competition will make it harder for the two largest phone companies to pay down their long-term debt.
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A quiet week for earnings, along with new reports on consumer credit, consumer sentiment, economic optimism, wholesale trade, the U.S. trade balance and federal budget balance, should give the stock markets a chance to settle d…
The stock market’s powerful two-day rally nearly fizzled out Friday after the unemployment rate unexpectedly jumped to 9.8%. But traders managed to find a silver lining even in that grim news, and stocks found a way to eke out a gain.
Continue reading Why the Ugly Jobs Report Was Good for Stocks [VIDEO]
Why the Ugly Jobs Report Was Good for Stocks [VIDEO] originally appeared on DailyFinance on Fri, 03 Dec 2010 16:15:00.
Filed Under: Economy, Investing, Earnings, Currency, NYSE, Video, Market News, Streetwise
As 2010 draws to a close, it looks like 2011 is likely to be another wild year for the stock market. Fear not: Here are some tips from T. Rowe Price portfolio managers on how careful investors can take advantage of drops and re…