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Washington events for Sept. 6 - 10
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Monday, Sept. 6. Government offices are closed in observance of Labor Day. President Barack Obama is in Milwaukee for Labor Day observance. Congress is on recess until Sept. 13. Tuesday, Sept. 7. No data scheduled. Wednesday, Sept. 8. Obama is in Cleveland, where he will give a speech on the economy. 3 p.m.: Consumer credit for July, at the Federal Reserve.Monday, Sept. 6. Government offices are closed in observance of Labor Day. President Barack Obama is in Milwaukee for Labor Day observance. Congress is on recess until Sept. 13. Tuesday, Sept. 7. No data scheduled. Wednesday, Sept. 8. Obama is in Cleveland, where he will give a speech on the economy. ...
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Obama to discuss new economic ideas on Wednesday-W.House
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President Barack Obama will discuss targeted proposals to boost job growth in the U.S. economy when he visits Cleveland on Wednesday, the White House said on Friday.President Barack Obama will discuss targeted proposals to boost job growth in the U.S. economy when he visits Cleveland on Wednesday, the White House said on Friday.
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Stocks close higher on jobs optimism
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U.S. stocks close higher Friday on positive reaction to the latest jobs report. In charts: What we learned about the economy. A look at the week's economic indicators, including the smaller-than-forecast decline in nonfarm payrolls in August. Services growth slows in August, ISM says.U.S. stocks close higher Friday on positive reaction to the latest jobs report. In charts: What we learned about the economy. A look at the week's economic indicators, including the smaller-than-forecast decline in nonfarm payrolls in August. Services growth slows in August, ISM says.
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US Small-Caps Post Longest Weekly Up Streak Since April
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U.S. small-capitalization stocks closed higher for a third-straight week Friday in their longest weekly winning streak in more than four months. After a bruising August, small-cap stocks surged in the first three trading days of September. The Russell 2000 index of small-capitalization stocks closed up 11.10 points, or 1.76%, to 643.36 on Friday.U.S. small-capitalization stocks closed higher for a third-straight week Friday in their longest weekly winning streak in more than four months. After a bruising August, small-cap stocks surged in the first three trading days of September. The Russell 2000 index of small-capitalization stocks closed ...
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US Stocks Up; DJIA, S&P 500 Snap 3-Week Losing Streak
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U.S. stocks climbed Friday, with J.P. Morgan Chase, Caterpillar and International Business Machines leading the charge as a better-than-expected jobs report for August helped the market snap a three-week losing streak. The Dow Jones Industrial Average added 127.83 points, or 1.24%, to 10447.93, its highest close since Aug. 10. All 30 of the Dow's components rose Friday.U.S. stocks climbed Friday, with J.P. Morgan Chase, Caterpillar and International Business Machines leading the charge as a better-than-expected jobs report for August helped the market snap a three-week losing streak. The Dow Jones Industrial Average added 127.83 points, or 1.24%, to 10447.93, its ...
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US Small-Cap Stocks Post Longest Weekly Up Streak Since April
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U.S. small-capitalization stocks closed higher for a third-straight week Friday in their longest weekly winning streak in more than four months. After a bruising August, small-cap stocks surged in the first three trading days of September. The Russell 2000 index of small-capitalization stocks closed up 11.10 points, or 1.76%, to 643.36 on Friday.U.S. small-capitalization stocks closed higher for a third-straight week Friday in their longest weekly winning streak in more than four months. After a bruising August, small-cap stocks surged in the first three trading days of September. The Russell 2000 index of small-capitalization stocks closed ...
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US Stocks Climb; DJIA, S&P 500 Snap 3-Week Losing Streak
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U.S. stocks climbed Friday, with J.P. Morgan Chase, Caterpillar and International Business Machines leading the charge as a better-than-expected jobs report for August helped the market snap a three-week losing streak. The Dow Jones Industrial Average added 127.83 points, or 1.24%, to 10447.93, its highest close since Aug. 10. All 30 of the Dow's components rose Friday.U.S. stocks climbed Friday, with J.P. Morgan Chase, Caterpillar and International Business Machines leading the charge as a better-than-expected jobs report for August helped the market snap a three-week losing streak. The Dow Jones Industrial Average added 127.83 points, or 1.24%, to 10447.93, its ...
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US Stocks Higher On Encouraging Jobs Report
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Investors looked set to enter the long U.S. holiday weekend on a high note, riding an encouraging jobs report to send the stock market to its best pre-Labor Day week in two decades. The Dow Jones Industrial Average gained 97 points, or 0.9%, to 10417 in mid-afternoon trading, putting the Dow up 2.6% on the week--its first positive weekly showing since the beginning of August.Investors looked set to enter the long U.S. holiday weekend on a high note, riding an encouraging jobs report to send the stock market to its best pre-Labor Day week in two decades. The Dow Jones Industrial Average gained 97 points, or 0.9%, to 10417 in mid-afternoon trading, putting the Dow up 2.6% ...
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Q+A-What options does Obama have to boost US hiring?
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The U.S. economy needs more help and President Barack Obama says he will address new ideas next week to boost hiring. Obama might push proposed tax measures including breaks for businesses to help them hire, although the White House is adamant it will not propose a second giant effort like 2009's $814 billion stimulus package.The U.S. economy needs more help and President Barack Obama says he will address new ideas next week to boost hiring. Obama might push proposed tax measures including breaks for businesses to help them hire, although the White House is adamant it will not propose a second giant effort like 2009's $814 ...
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US Stocks Up On Jobs Data;DJIA's Best Pre-Labor Day Run Since 1990
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Optimism on jobs put investors on a positive footing heading into the long weekend, setting the market up to snap a three-week losing streak. The Dow Jones Industrial Average gained 106 points, or 1%, to 10426 in afternoon trading, sending the Dow up 2.7% on the week--its first positive showing since the beginning of August and the measure's best pre-Labor Day run since 1990.Optimism on jobs put investors on a positive footing heading into the long weekend, setting the market up to snap a three-week losing streak. The Dow Jones Industrial Average gained 106 points, or 1%, to 10426 in afternoon trading, sending the Dow up 2.7% on the week--its first positive showing since ...
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The Stock Market Slide Is Over
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Luskin: Stocks are underpriced, and the economy is getting better.Luskin: Stocks are underpriced, and the economy is getting better.
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Democrats May Play the Tax Cut Card
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Congress and the White House may throw a curveball and roll out a tax cut ahead of the midterm elections rather than boost stimulus spending to aid the struggling economy, Harvard University History and Business Professor Niall Ferguson told CNBC Friday.Congress and the White House may throw a curveball and roll out a tax cut ahead of the midterm elections rather than boost stimulus spending to aid the struggling economy, Harvard University History and Business Professor Niall Ferguson told CNBC Friday.
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US Stocks Rise On Jobs Data;DJIA On Pace To Snap Weekly Losses
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A better-than-expected jobs report for August sent U.S. stocks higher Friday, marking their fourth-straight day in the black and putting the market on track to snap a three-week losing streak. The Dow Jones Industrial Average added 72 points, or 0.7%, to 10392, in recent trading.A better-than-expected jobs report for August sent U.S. stocks higher Friday, marking their fourth-straight day in the black and putting the market on track to snap a three-week losing streak. The Dow Jones Industrial Average added 72 points, or 0.7%, to 10392, in recent trading.
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US Stocks Climb On Jobs Data; DJIA Up 69
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U.S. stocks rose Friday as a moderation in the pace of job losses encouraged investors, putting the market on track to snap a three-week losing streak. The Dow Jones Industrial Average climbed 69 points, or 0.7%, to 10389, in recent trading.U.S. stocks rose Friday as a moderation in the pace of job losses encouraged investors, putting the market on track to snap a three-week losing streak. The Dow Jones Industrial Average climbed 69 points, or 0.7%, to 10389, in recent trading.
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US Stocks Gain Cautiously As Mixed Data Weigh; DJIA Up 58
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U.S. stocks climbed Friday after slower job losses in August encouraged investors still struggling to figure out the economy's trajectory. The Dow Jones Industrial Average rose 58 points, retreating from its earlier triple-digit climb. "As far as the whole economy's concerned, it's still a debate which way we're going," said David Bellantonio, head of U.S. trading at Instinet.U.S. stocks climbed Friday after slower job losses in August encouraged investors still struggling to figure out the economy's trajectory. The Dow Jones Industrial Average rose 58 points, retreating from its earlier triple-digit climb. "As far as the whole economy's concerned, it's still a debate which ...
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Non-manufacturing sector slows in August: ISM
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The U.S. non-manufacturing sector grew in August for an eighth straight month but at a slower pace than July and at a rate that was below expectations, according to an industry report released on Friday. The Institute for Supply Management said its index of national services activity fell to 51.5 in August from 54.3 in July.The U.S. non-manufacturing sector grew in August for an eighth straight month but at a slower pace than July and at a rate that was below expectations, according to an industry report released on Friday. The Institute for Supply Management said its index of national services activity fell to 51.5 in ...
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Services growth slows in August, ISM says
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Growth slowed in the U.S. non-manufacturing sector in August, hitting 51.5%, compared with 54.3% in July, the Institute for Supply Management reported Friday.Growth slowed in the U.S. non-manufacturing sector in August, hitting 51.5%, compared with 54.3% in July, the Institute for Supply Management reported Friday.
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Fed's Lockhart sees slowdown as temporary
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There has been too much alarmist discussion of recent economic indicators and the outlook is not as pessimistic as some have suggested, said Dennis Lockhart, the president of the Atlanta Federal Reserve Bank on Friday.There has been too much alarmist discussion of recent economic indicators and the outlook is not as pessimistic as some have suggested, said Dennis Lockhart, the president of the Atlanta Federal Reserve Bank on Friday.
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U.S. needs to do more to aid recovery, Romer says
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Friday's jobs data was a sign of "continued recovery," a top aide to President Barack Obama said.Friday's jobs data was a sign of "continued recovery," a top aide to President Barack Obama said.
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US Stocks Climb As Jobs Data Boosts Recovery Hopes;DJIA Up 115
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U.S. stocks jumped Friday after job losses slowed more than expected in August, boosting hopes that the economic recovery is still on track. The Dow Jones Industrial Average surged 115 points on Friday, adding early to a week of gains.U.S. stocks jumped Friday after job losses slowed more than expected in August, boosting hopes that the economic recovery is still on track. The Dow Jones Industrial Average surged 115 points on Friday, adding early to a week of gains.
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