Archive for June, 2010

Stocks are Flat After Weak Jobs Report

Rating 4.00 out of 5

[?]Submitted by SmallCapVoice.com  
The stock market is trading in a narrow range after another disappointing report on the jobs market. A report on manufacturing in the Midwest barely topped expectations but also gave stocks some support.
The Dow Jones industrial average fell 4 points, a day after falling 268. The other major indexes […]

Stocks are Lower on FedEx Warning and Weak Housing Data

Rating 3.00 out of 5

[?]Stocks slipped at the open on Wednesday as FedEx warned about higher costs, housing starts fell to a five-month low and new concerns surfaced over Spain’s fiscal problems.
FedEx on Wednesday offered a conservative outlook for its new fiscal year even as strong exports from Asia led to healthy fourth-quarter results.
The forecast […]

Stocks are Higher Amid Strong European Economic Data

Rating 3.00 out of 5

[?]Stocks rose on Monday, boosted by technology and industrial shares after strong euro zone industrial data reassured investors the global economic rebound is on track.
European shares hit a four-week high after April euro zone industrial output surged at the biggest pace year-on-year in almost two decades, easing concerns that a slowdown […]

Stocks are Slightly Higher on Signs of Economic Growth

Rating 3.00 out of 5

[?]Submitted by SmallCapVoice.com 
Hopeful signs that debt in Europe won’t derail a global economic recovery sent stocks higher Wednesday.
Federal Reserve chairman Ben Bernanke is scheduled to testify in front of the House Budget Committee. He is expected to reiterate his belief that the U.S. economy will not fall back into recession, but […]

Stocks Rise on Signs of Improvement in Domestic Economy and as Initial Jobless Claims Fall

Rating 3.00 out of 5

[?]Submitted by SmallCapVoice.com 
Stocks are rising in early trading following fresh signs that the domestic economy is improving.
New data Thursday shows initial claims for jobless benefits dipped last week, while private employers added workers last month. A third report says productivity rose in the first quarter, though gains were revised lower from […]

Stocks Rise After Pending Home Sales Top Forecasts

Rating 3.00 out of 5

[?]Submitted by SmallCapVoice.com 
Stocks extend climb after April homes sales increase 6 percent on race to meet tax credit
Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors’ optimism about the economy.
The Dow Jones industrial average rose about 80 points in late morning trading. The major indexes made […]