Stocks open mixed after flurry of economic reports
Stocks mixed amid welter of economic data Stocks are narrowly mixed as reports showing a smaller rise in new claims for jobless benefits and strong consumer spending were offset by an unexpected decline in durable goods orders. Futures point toward higher open after key reports on the consumer, jobs
Stock futures point to higher open after data Futures point extend advance after key reports on the consumer, jobs
Stock futures extend gains after data Stock futures are extending their gains as news of an improving job market and strong consumer spending provided reassurance that the economy is recovering. Consumer spending logs stronger-than-expected rebound in Oct., good sign for recovery
Consumers log stronger-than-expected spending rise Weekly claims for jobless benefits plunge to 466,000, lowest level in more than a year
Weekly jobless claims drop below 500,000 WASHINGTON — In a hopeful sign, the number of newly laid-off workers filing claims for unemployment benefits fell more than expected last week, dropping below 500,000 for the first time since January. Futures point to higher opening ahead of key reports on the consumer, housing, jobs
Stock futures point to higher open Stock futures pointed to a higher open Wednesday as investors prepared to examine fresh data on consumer spending and sentiment, new home sales and the job market a day after the Federal Reserve provided a more upbeat view of U.S. economic prospects. Asian stocks mixed on concern about US recovery after growth downgrade, gloomy jobs report
Asian stocks mixed on concern about US recovery Nervous consumers, rising joblessness weigh on recovery as economic growth slows
Wary consumers, rising unemployment snag recovery Fed: record-low rates designed to keep economic recovery going could feed speculative bubble
Fed: super-low rates could fuel speculative bubble Fed says recovery will be gradual with jobless rate dropping ’slowly’ over next few years
Fed says jobless rate to drop ’slowly’ WASHINGTON — The Federal Reserve expects the unfolding recovery will be gradual, as modest growth keeps the nation’s unemployment rate elevated over the next several years, according to a new forecast. Reports on economic growth and consumer confidence signal modest rebound, with shoppers wary
Reports on GDP and consumers signal modest rebound Consumer confidence rises slightly in November; shoppers remain gloomy heading into holidays
Consumer confidence improves slightly in November Economy grows at 2.8 percent pace in 3rd quarter, rebound slower than first thought more images Movin’ up? Nope, young adults moving back in with mom and dad as job prospects dwindle
Goodbye jobs, hello mom and dad, say young adults Economy’s return to growth last quarter probably less energetic than first thought
Oklahoma unemployment rate hits more than 20-year high, climbs to 7.1 percent in October
Oklahoma unemployment rate hits 21-year high Former US House Speaker Newt Gingrich sets Cincinnati town hall on jobs, 1st of planned series
EU: Close to 45 percent of unemployed stay out of work for a year, far more than in US
EU: Nearly half of unemployed out of work a year Stocks set to reverse 3-day losing streak; futures trading higher as dollar weakens more images Forecasters expect job losses to bottom out in 1Q 2010 but unemployment to remain high
Economic survey: Job losses to bottom out in 1Q Businesses face rising unemployment insurance taxes as job market struggles to recover
Rising unemployment taxes could hinder hiring Wall Street economists expect slight rise in unemployment claims; benefits run out Dec. 31
Ahead of the Bell: Jobless claims WASHINGTON — First-time claims for unemployment benefits likely dipped last week, economists forecast, as the recovering economy reduces layoffs. Stock futures little changed as dollar weakens, investors await housing, inflation data
Stock futures little changed ahead of opening AP News in Brief
Business Highlights
October dip in factory production signals bumpy road for recovery; wholesale inflation muted more images Oregon jobless rate unchanged at 11.3 percent in October, suggesting recession may be easing
Oregon unemployment rate unchanged in October Industrial production likely to log 4th straight monthly gain, sign economy is in recovery
Obama will visit Pennsylvania, other states, after Dec. 3 forum on jobs and economy
A look at economic developments and activity in major stock markets around the world more images Bernanke: Fed will keep eye on sliding dollar, but pledges anew to hold rates at record-lows
Bernanke: Fed will keep eye on sliding dollar Strong auto demand pushes retail sales up in October, demand for other items remains weak
Retail sales rise 1.4 percent in October WASHINGTON — Retail sales rose more than expected in October due largely to a big rebound in auto sales. But broader consumer spending remains under pressure, raising questions about the durability of the recovery. Retail sales likely increased in October with strength coming from rise in auto sales
Ahead of the Bell: Retail Sales WASHINGTON — Retail sales likely posted a modest gain in January after slipping in December. |
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