Market News

[weatherweenie]

[h=1]US created 151,000 jobs in Jan vs 190,000 est; unemployment rate at 4.9%[/h]

 

[nnuut]

When will the 150 Walmarts close?

 

[weatherweenie]

[h=1]Nonfarm payrolls add 215K jobs in March, vs expected 205K; Unemployment rate at 5 pct[/h]

 

[weatherweenie]

Gross domestic product rose 6.7 percent in the first quarter from a year earlier, the statistics authority announced Friday, meeting the median projection of economists Bloomberg surveyed and in line with the government growth target of 6.5 percent to 7 percent for the full year. Industrial output, fixed-asset investment and retail sales all picked up in March.

 

[tsptalk]

That's China's GDP, in case anyone was confused. :smile:

 

[weatherweenie]

[h=1]Private sector adds 156,000 jobs in April vs. 195,000 expected: ADP[/h]

 

[RealMoneyIssues]

[h=1]Private sector adds 156,000 jobs in April vs. 195,000 expected: ADP[/h]

Ouch... markets won't (don't) like that...

 

[weatherweenie]

[h=1]Nonfarm payrolls: 160K jobs added, vs expected 202K[/h]

 

[weatherweenie]

[h=1]Fed likely to hike in June if data improves[/h]

 

[Cactus]

Fed likely to hike in June if data improves

Well, the market didn't like that!

 

[nnuut]

If they would raise the interest rates my bank gives me on my savings it would be great, but I don't think Big Money wants us to take our money out of the Markets!

 

[weatherweenie]

[h=1]US created 38,000 jobs in May vs. 162,000 expected[/h]

 

[tsptalk]

Bank of England Leaves Interest Rate Unchanged

Central bank suggests further loosening as it seeks to cushion U.K. economy from the effects of Brexit

Bank of England Leaves Interest Rate Unchanged - WSJ

 

[weatherweenie]

[h=2]Apple earnings beat: $1.42 per share, vs expected $1.38[/h]

 

[weatherweenie]

Facebook:

• Second-quarter sales climbed 59 percent to $6.44 billion, compared with the $6.01 billion average estimate of analysts surveyed by Bloomberg.
• Profit, excluding some items, was 97 cents a share, the Menlo Park, California-based company said Wednesday in a statement. Analysts had predicted 82 cents on average.
• Facebook now has 1.71 billion monthly users, up from 1.65 billion in the prior quarter. Daily users rose to 1.13 billion.
• The company now makes 84 percent of its advertising revenue from mobile.
• Facebook shares rose more than 7 percent in extended trading. The company had gained 1.8 percent to $123.34 at the close in New York, and has climbed 18 percent so far this year.

 

[tsptalk]

U.S. Second-Quarter GDP Growth Comes In Well Below Expectations

07/29/16 08:45 AM EDT
By Eric Morath and Jeffrey Sparshott

WASHINGTON--The U.S. economic growth sputtered this spring with cautious businesses largely offsetting more robust consumer spending.

Gross domestic product, the broadest measure of goods and services produced across the U.S., grew at a seasonally adjusted annual rate of 1.2% in the second quarter, the Commerce Department said Friday. The figure was well below the 2.6% growth economists surveyed by The Wall Street Journal had forecast.

U.S. Second-Quarter GDP Growth Comes In Well Below Expectations

 

[weatherweenie]

[h=1]US created 156,000 jobs in Sept vs. 176,000 jobs expected[/h]

 

[weatherweenie]

[h=2]US private sector created 216,000 jobs in Nov, vs 165,000 jobs expected[/h]

 

[tsptalk]

Dow, S&P rise to new record highs (although subsquently fade from highs) after OPEC reportedly strikes production deal

http://www.cnbc.com/2016/11/30/us-markets.html

 

[weatherweenie]

[h=1]OPEC reaches agreement to cut oil production to 32.5 million barrels a day: Oil ministers[/h]