The August jobs report had some not-so-good news (only 173,000 jobs were created in August vs. an estimate of 220,000) and good news (the unemployment rate hit a seven-year low of 5.1% and workers’ wages rose 0.3% since July.) 702 more words
Tags » Markets
It’s almost gametime. No, not N.Y. Jets football. We’re talking “Jobs Friday” — the big game on Wall Street — which is being billed as the most important release of U.S. 286 more words
If you are like most Canadians, you probably understand how companies raise capital on a stock exchange by issuing shares to the public. You are familiar with the role of public equities markets, and you understand the risks and rewards of investing in public companies. 2,087 more words
In what amounts to an ominous message for Wall Street, Robert Shiller, a Yale economics professor and author of Irrational Exuberance, doled out some serious bear talk this morning. 98 more words
Today’s rebound rally on Wall Street has helped the S&P 500 and Nasdaq climb back out of correction territory.
In late-day trading the benchmark Standard & Poor’s 500 stock indexis up 22 points, or 1.1% to 1936, trimming its loss from its May 21 peak to 9.1%, below the 10% drop considered a correction. 102 more words