BAD NEWS IS BOOST FOR MARTS - New York Post
US stocks rallied yesterday, reversing an early slide, as Hartford Financial Services Group Inc. led a rally in insurers after increasing its profit forecast and saying it’s weathering the credit crisis. Hartford, which tumbled 92 percent in 2008
US stocks rebound on defensives and banks - Economic Times
NEW YORK: Stocks turned higher on Friday, sending the Nasdaq up more than 1 per cent, as investors snapped up defensive stocks including shares of biotechnology companies. Financials led by banks were a top boost to the S&P 500, offsetting a drag
President-Elect Obama Outlines Economic Recovery Plan - Wall Street Journal
CHICAGO — President-elect Barack Obama said Saturday he’s asked his economic team for a recovery plan that saves or creates more than 2 million jobs, makes public buildings more energy-efficient and invests in the country’s roads and schools
Coming Week: Short on Cheer - Street.Com
Stocks initially sold off Friday on the jobs news, as the Dow Jones Industrial Average dropped as much as 258 points, but some investors took solace in the fact that it bounced back. The Dow shut up 3.1
Wall St gains ground on dismal jobs data - Big Pond News
US stocks roared back from steep losses this morning after news that the country had suffered its worst monthly drop in employment since 1974. The worse-than-expected job figures sparked speculation that the US Government will step up measures to
Half-million US jobs lost as economy continues worst free-fall in - Chicago Tribune
WASHINGTON (AP) — Record numbers of homeowners are falling behind on mortgage payments and the U.S. economy is losing jobs at an alarming rate with companies massive and small slashing their work force. A half-million American jobs disappeared month
U.S. Stocks Fall on Signs Recession Is Worsening; GM Drops 22% - Bloomberg
Dec. 6 (Bloomberg) — U.S. stocks fell for the fourth time in five weeks as the worsening job market and oil’s decline to a four-year low bolstered concern the recession is deepening. Schlumberger Ltd. helped push energy companies lower as Merrill
Carmakers use discounts as a tool to clear stocks - Freshnews
Car companies are now enticing the customers by offering them the best deals on automobiles. Customers are being offered high concessions on various models by the companies in the wake sharpest drop in the sales last month. Offering discounts has
Stocks shake off jobs news - Cincinnati.com
NEW YORK - Wall Street put an upbeat spin Friday on the government’s report that the nation lost more than half a million jobs last month. Stocks reversed early losses and closed sharply higher as the data raised hopes that Washington will again step
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