Friday 1 April 2011

Employment report before Wall Street ends without direction

  • Friday 1 April 2011
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  • NYSE on Thursday ended without a clear direction, the monthly employment data is pending, the mixed news of the day failed to tip the balance: The Dow Jones lost 0.25% but the Nasdaq gained 0.15%.

    According to statistics from the last close, the Dow Jones Industrial Average 12319.73 points while the Nasdaq dropped 30.88 points, dominated by technology, has earned 4.28 points 2781.07 points. Standard & Poor 500 Index 0.18% to 1325.83 points (2.43 points) fell. today.cc www.stock-market come from

    "Looking for a new direction in the market today with a deal is not really in a sense," Hinsdale Associates Andrew Fitzpatrick noted. Before the start of trading on Friday to continue "Investors eagerly await employment data are monthly", analysts said.
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    Index reflects the indecision of the market season, but never really get away from the balance point. They thus halftone which in percentage terms a particularly bright quarter, during which the Dow (6.4%) for the first three months of the year picked up his best performance in terms of points since 1998 and 1999 remains rich was. Stock Market today.cc

    "Japanese Tragedy signs of healthy economic growth, Eurozone and the debt crisis in the Middle East is assumed constant turmoil," noted analysts at Charles Schwab. Investors, however, indicators, rather than the company waited until Thursday mixed employment report.
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    For unemployment benefits last week listed 388 000 applications have been somewhat disappointing, even if they fall into a third week straight decline. Department of Labor growth (394000 382000 originally estimated for March 13 to 19 weeks) than the previous statement has been modified.

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    Development of economic activity in the Chicago area has remained strong in March, though a bit less according to the ISM. Order to build them, dipped 0.1% in February, while analysts expect to rise. Employment report "before the progress we had, that it is the highest and we fail more after that, it gives rise to a waiting," Scott Marcouiller, Wells Fargo Advisor noted.

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    Market David Sokol, a potential successor of billionaire Warren Buffett, Berkshire Hathaway holding company, its many subsidiaries (-2.14% to $ 83.63) ran the emphasis is on the resignation. Mr. Buffett, the United States one of the most respected investors, Mr. Sokol Lubrizol share of possible insider trading, hedge recently acquired by holding company. Copyright in the stock market today

    Insurance company AIG action (to $ 35.14 -2.52%) of the United States increasingly central bank, after the Fed's refusal so far to $ 15.7 billion in repayment of dues to repurchase a portfolio of securities backed down. World Trade Organization has singled out the U.S. for a few months after the European Airbus subsidies for Boeing your Winner Aviation (0.18% to $ 73.93) for something to help. Copyright in the stock market today

    While the price of a barrel of oil in New York has taken more than $ 2, the airlines were suffering. AMR, parent of American Airlines, fell 6.46 dollars to 5.69% and 1.41% of Delta Air Lines to $ 9.80. Bond market rose slightly. 10-year Treasury 3.455% 3.454% opposition to the good performance on Wednesday night fell, and that's good for 30 years at 4.508% 4.523% against yesterday. 

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