The december jobs report was generally positive but some traders focus on weak wage growth. Meanwhile, investors couldnt help but watch nervously as the three day terror rampage in france came to a deadly end. Four hostages and three terrorists killed in two locations as french authorities moved in. One suspect remains at large. Heres how the markets looked at the close. The dow fell 170 points. Nasdaq lower by 32 and s p off by 17 points. For the week all three indexes were down by about a half percent. More on that december to remember jobs report. A more than forecasted 250,000 jobs were added last month and the nations jobless rate ticked down two notches to 5. 6 the lowest in more than six years. But the report wasnt all positive. Hampton pearson takes a closer look. Reporter 2014 was the best year for hiring in 15 years. More than 2. 9 million americans have found jobs in the last 12 months. The Unemployment Rate is at a six year low but wages now at about 24 an hour on average a
Generally positive but some traders focus on weak wage growth. Meanwhile, investors couldnt help but watch nervously as the three day terror rampage in france came to a deadly end. Four hostages and three terrorists killed in two locations as french authorities moved in. One suspect remains at large. Heres how the markets looked at the close. The dow fell 170 points. Nasdaq lower by 32 and s p off by 17 points. For the week all three indexes were down by about a half percent. More on that december to remember jobs report. A more than forecasted 250,000 jobs were added last month and the nations jobless rate ticked down two notches to 5. 6 the lowest in more than six years. But the report wasnt all positive. Hampton pearson takes a closer look. Reporter 2014 was the best year for hiring in 15 years. More than 2. 9 million americans have found jobs in the last 12 months. The Unemployment Rate is at a six year low but wages now at about 24 an hour on average actually fell last month and w
Buffet made big moves in the stock market a couple of months agatha we just found out about last night. Buffets move seemed to overshadow the whole session. S p back. 3 . Nasdaq advanced. I have long been a believer in doing your own homework and finding your own Comfort Level with individual stocks. If you cant do that if you cant do the research and make up your own mind its imperative that you do not follow someone, anyone blindly whether it be me or a money manager you saw on television, a ceo that talks a good game or even yes, warren buffet. If you cant do the homework and you still want exposure to the stock market just go buy a index fund. I love index funds. They allow you to eliminate single stock risk meaning the one stock you can buy can be caught up in a scandal or miss the quarter repeatedly or simply not participate in the general upswing that youre looking for. There are plenty of indices out there to like. Its a total stock market return. Meaning all u. S. Stocks. I ca
Highest level of 2015. Helping a bit today with the Energy Information administration raising its forecast for u. S. And Global Demand while also forecasting lower production of domestic crude. Jackie deangelis takes a look at another possible reason and its always a wild card. Reporter crude oil rallying for a second straight day. Traders highlighting the continued conflicts in yemen with the underlying reason. Reuters reporting that saudi air strikes hurt civilians, according to trade watched other middle east conflicts play out and add to crude volatility incidents like these sometimes raise the stakes in already tense situations. Crude prices actually managed to take a breather at the open after a supplies note for Goldman Sachs made the rounds. Goldmans takeaway say they need to stay lower longer to have impact on production but even that sentiment couldnt hold back todays rally. For nightly business report, im jackie deangelis. One thing that could eat into that rally a bit, late
Highest level of 2015. Helping a bit today with the Energy Information administration raising its forecast for u. S. And Global Demand while also forecasting lower production of domestic crude. Jackie deangelis takes a look at another possible reason and its always a wild card. Reporter crude oil rallying for a second straight day. Traders highlighting the continued conflicts in yemen with the underlying reason. Reuters reporting that saudi air strikes hurt civilians, according to trade watched other middle east conflicts play out and add to crude volatility incidents like these sometimes raise the stakes in already tense situations. Crude prices actually managed to take a breather at the open after a supplies note for Goldman Sachs made the rounds. Goldmans takeaway say they need to stay lower longer to have impact on production but even that sentiment couldnt hold back todays rally. For nightly business report, im jackie deangelis. One thing that could eat into that rally a bit, late