Tag: economy
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Stocks Ended Mixed on Economy Hope
U.S. stocks ended mixed on Friday as a gauge of leading economic indicators climbed, stoking hopes about the U.S. economy, but concerns about the euro zone continued to dog markets. The Dow Jones Industrial Average gained 25.43 points, or 0.22%, to end the day at 11,796.16. It posted weekly losses of 2.9%. The S&P declined…
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Stocks Opened Lower after Jobless Claims
U.S. stocks tilted slightly lower on Thursday after U.S. jobless claims rose less than expected last week. The Dow Jones Industrial Average was lately off 58.24 points at 10,881.71. The Standard & Poor’s 500 Index shed 7.83 points to 1,136.20. The Nasdaq Composite Index declined 11.29 points to 2,449.22. The number of people who applied…
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Stocks Extended Gains to Third Day
U.S. stocks closed with mild gains Tuesday, as the mere discussion of more economic stimulus from the Federal Reserve was enough to send the markets higher. The Dow Jones Industrial Average rose 20.7 points, or 0.18%, to 11,559.95. The S&P 500 added 2.84 points, or 0.23%, to 1,212.92. The Nasdaq Composite ended up 14.00 points,…
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Economic Factors and Definitions
Economic factors include: (a) economic policy, disseminated by government agencies and central banks, (b) economic conditions, generally revealed through economic reports, and other economic indicators. 1. Economic policy comprises government fiscal policy (budget/spending practices) and monetary policy (the means by which a government’s central bank influences the supply and “cost” of money, which is reflected…
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Stocks Extend Losses on Recession Worries
U.S. stocks fell in early trading on Friday, extending weekly losses, as concerns mount the U.S. economy may slip back into recession. The Dow Jones Industrial Average lately fell 95.89 points to 110,894.69. The Standard & Poor’s 500 Index declined 7.12 points to 1,133.53. The Nasdaq Composite was off 6.82 points to 2,373.61. Bank of…
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Stocks Down for Sixth Day
U.S. stocks on Wednesday fell for a sixth straight session, as investors worried a slowing economy could deepen its retreat and wipe out this year’s gains. The Dow Jones Industrial Average dropped 21.87 points, or 0.18%, to 12,048.94, The S&P 500 ended down 5.38 points, or 0.42%, to 1,279.56. The Nasdaq Composite fell 26.18 points,…
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Stocks Started Off Shaky on Downbeat Bernanke Views
Stocks were mixed after a lower start on Wednesday, after Federal Reserve Chairman Ben Bernanke said the economy did not grow as much as had been hoped this year. The Dow Jones Industrial Average lately gained 5.37 points to 12,076.18. The Standard & Poor’s 500 Index was down 1.86 points at 1,283.08. The Nasdaq Composite…
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Stocks Saw Weekly Losses
U.S. stocks closed with broad losses on Friday after a gloomy jobs report strengthened the case the economy was slowing. The Dow Jones Industrial Average closed down 97.29 points, or 0.79%, to 12,151.26. The S&P 500 lost 12.78 points, or 0.97%, to 1,300.16. The Nasdaq Composite fell 40.53 points, or 1.46%, to 2,732.78. For the…