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Dow Trades Above 17,000 While S&P 500 Inches Closer To 2,000
Thursday, July 3, 2014 - 1:20pm | 1238Read More...U.S. stocks rose ahead of the long weekend after the economy added a better-than-expected 288,000 jobs in June. The unemployment rate also dipped to 6.1 percent. The Fed's Janet Yellen confirmed its views that ti will not raise its interest rates on Wednesday at an International Monetary...
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Job Growth Surges In June, Unemployment Drops To 6.1%
Thursday, July 3, 2014 - 8:47am | 387Read More...The Bureau of Labor Statistics reported that Nonfarm Payrolls, which is one of the most closely followed gauges regarding the state of the economy, increased by 288K in the month of June. The increase in the number of new jobs was well above the consensus estimates for an increase of 218K and...
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Market Wrap For June 6: Markets Higher After In-Line Jobs Report
Friday, June 6, 2014 - 4:47pm | 1530Read More...U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...
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Nonfarm Payrolls Give Market A Small Boost
Friday, June 6, 2014 - 9:02am | 103Read More...The Bureau of Labor Statistics on Friday morning announced changes in May's employment. Nonfarm payrolls for the month were 0.9 percent better than expected at 215,000. However, April's figure was revised from 288,000 to 282,000. The headline beat surprised many investors after the ADP employment...
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Jobs Friday Preview: Nonfarm, Private Sector Figures Expected To Decline
Friday, June 6, 2014 - 7:23am | 129Read More...May's employment data is expected to be released by the Bureau of Labor Statistics at 8:30 am EDT Friday morning. The economist consensus is that 215,000 jobs were added to the economy in May, compared to 288,000 in April. The unemployment rate is expected to be 6.4 percent. 10,000 manufacturing...
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Survey: What Do Investors Expect For The Upcoming Week?
Friday, May 30, 2014 - 4:13pm | 119Read More...As the week comes to an end, it is time to gear up for the upcoming week. When determining plays of equities, commodities and the market as a whole, it is important to receive others' input. For this reason, we are starting a new tradition at Benzinga to aggregate traders' opinions....
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Market Wrap For May 2: Markets Slip On Ukraine Tensions Despite Positive Jobs Data
Friday, May 2, 2014 - 4:58pm | 2049Read More...U.S. stocks declined as tensions continue to mount in Ukraine. Russia requested an emergency session with the United Nations Security Council over a recent operation conducted by Ukraine where at least seven people were killed in the town of Slavyansk. Ukraine's interim President Oleksandr...
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Brent Poised For Largest Weekly Loss In Four Months
Friday, April 4, 2014 - 7:18am | 336Read More...Brent crude oil made its way above $106 on Friday but looked poised to post its largest weekly decline in three months as it traded at $106.25 at 6:00 GMT. The commodity was under pressure from the prospect of Libyan oil returning to the market within the next few days. Libya's eastern oil...
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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369Read More...U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Market Wrap For January 10: Job Growth Weak, But Unemployment Falls
Friday, January 10, 2014 - 5:53pm | 2337Read More...Major indices ended the day little changed as investors and traders were not sure how to react to today's job reports. 74,000 jobs were added, well below the estimated 196,000. The report proved to be a complete contradiction to every other report previously seen. Related: ETFs Moving On The...
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Benzinga Market Primer: Friday, August 2: Japan Surges On GDP Revision
Friday, August 2, 2013 - 7:00am | 872Read More...Japan Surges On GDP Revision After Thursday's rally, US Equity futures are slightly up on strong economic data from Asia. The big news of the day are job numbers coming out at 8:30am EST Friday morning. Friday also marks marks the end of the heaviest earnings week of the year, with over 500...
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October Jobs Report Downright Spooky
Friday, November 4, 2011 - 8:33am | 116Read More...The October nonfarm payroll report was just released, and it came in worse than expected. For the month of October, the country created 80,000 jobs, and 104,000 private sector jobs. Economists were expecting a gain in October employment of 95,000 jobs and 125,000 private sector jobs. The...
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Is The Jobs Picture a Monet or a Picasso?
Friday, October 7, 2011 - 10:11am | 813Read More...The September Nonfarm Payroll report was released earlier this morning and while it was better than expected, the closer you get to it, the uglier it gets: much like a Monet. The report from the Bureau of Labor Statistics showed that 103,000 jobs were created during the month, significantly higher...
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Doug Kass Advises Selling into Strength
Friday, October 7, 2011 - 9:14am | 39Read More...Doug Kass tweeted that he would advise selling into the early morning strength on the better than expected September nonfarm payroll report. Kass is a contributor to CNBC and TheStreet.com.
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Where Are The Jobs?
Friday, September 2, 2011 - 9:06am | 663Read More...We just had the August jobs report get released and it was nothing short of atrocious. The August Nonfarm Payroll report came in unchanged, versus estimates of 70,000 jobs to be created during the month. What is even worse is that June and July were revised down an additional 58,000 jobs. The...
