Fri, 08 May, 2020
The number of Americans filing new claims for jobless benefits fell more than expected last week while activity in the services sector hit a six-month high in March, underscoring the economy’s solid fundamentals despite a recent softening in growth.
Fri, 27 Mar, 2015
Wall Street withstood another stream of bad economic readings today, closing sharply higher as investors shuttled between pessimism about the recession and hopes that the nation might start seeing relief soon. The major indexes saw big swings throughout the day, but all closed up more than 2%, giving the market its second straight advance.
Wed, 03 Dec, 2008
Wall Street turned in another stunning finish today and extended its unprecedented streak of volatility - this time, to the upside - as investors spent a fractious session again struggling with fears about a recession but giving in to a last-hour wave of buying.
Thu, 16 Oct, 2008
Wall Street soared higher today, extending its rally into a second session as tumbling energy prices bolstered an already upbeat mood which followed stronger-than-expected quarterly reports from big names like JPMorgan Chase and United Technologies.
Thu, 17 Jul, 2008
Wall Street closed out a bumpy week with a moderate advance today as tech stocks charged higher on takeover news and other sectors gained on data that indicated the US economy is expanding at a healthy pace. The major indexes managed to post gains for the week.
Fri, 12 Oct, 2007
US stocks finished mixed today after consumer prices showed a larger-than-expected increase in January and minutes from the Federal Reserve’s last meeting showed the central bank considered but decided against taking a more dovish tone on the threat of inflation.
Wed, 21 Feb, 2007