Wage growth is not fitting into that equation in the same way, however. I know you will dig into a little bit more. And you will gain in stocks today, not a huge one but enough to put the dow and s p at closing records. The nasdaqy ones, not quite getting there as stocks rose this morning and have stayed relatively consistent throughout the day. As we look through the Market Trends and figure out where that jobs report is being felt, one of the strength areas today is in retail. We have a Endeavors Group of retailers doing well from the Department Stores like nordstrom to some of the manufacturer michaely retailers like kors, under armour, and l brands wrapping out our list. The holidays well, plays into this as as well as , which show robust demand potentially. If you look at retailer for the past several months, we have seen it start to outpace the s p 500. And orange,s p retail in white, and it started taking off about a month and a half ago. We should point out that amazon and netf
Threeweek rally sparked by unprecedented Government Intervention cannot be sustained. The Chinese Government has allowed more than 1400 companies to quit trading. It has banned major shareholders from selling their stakes. President obama has become the first u. S. Leader to visit ethiopia. He arrived in addis ababa last night. He will talk with several African Leaders about the civil war in south sudan. Earlier, he wrapped up his trip to kenya with a call to end corruption. President obama too often, in kenya as in other places corruption is tolerated because that is how things have always been. Here in kenya it is time to change habits and decisively break that cycle because corruption holds back every aspect of economic and civil life. It is an anchor that weighs you down and prevents you from achieving what you could. Vonnie the president urged kenya to treat women better and improve education and welfare. 13 major u. S. Corporations will invest at least 140 billion dollars to redu
Drugmaker Teva Pharmaceuticals agreed to pay $225 million in criminal fines over five years and divest its version of a generic cholesterol drug to resolve…
It's the latest resolution in a string of cases related to price-fixing, referring to competitors banding together to artificially set the price of a product.