AP - Underperforming money managers are losing their most reliable scapegoat.
February 3rd, 2012 | Posted in Business, Market News | No Comments
AP - A drop in the unemployment rate to its lowest level in three years propelled stocks higher Friday. The Dow Jones industrial average closed at its highest level since May 2008, before the worst days of the financial crisis.
February 3rd, 2012 | Posted in Business, Market News | No Comments
Reuters - A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery.
February 3rd, 2012 | Posted in Business, Market News | No Comments
Reuters - Stock-picking once again matters on Wall Street.
February 3rd, 2012 | Posted in Business, Market News | No Comments
AP - Stocks spiked sharply higher on Friday after forecast-busting U.S. jobs figures reinforced hopes that the recovery in the world's largest economy is gathering pace at a time when other regions, notably Europe, may be heading back into recession.
February 3rd, 2012 | Posted in Business, Market News | No Comments