The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news….
The all-important January employment reports come out this week. Also worth watching for are a host of earnings releases, led by economic bellwhether UPS. The package deliverer is expected to post strong results.
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Wall Street started the new year with a robust jump, helped by encouraging corporate and economic news that pushed the broad market to a 28-month high. The S&P 500 has now reclaimed nearly 90% of its losses from the bear-market…
Services sector, like manufacturing, continues to hold up its part of the recovery bargain, as the sector expanded at the fastest pace in six months. The U.S. economy is still growing well below its potential, but investors, bu…
Services sector, like manufacturing, continues to hold up its part of the recovery bargain, as the sector expanded at the fastest pace in six months. The U.S. economy is still growing well below its potential, but investors, bu…