Egypt should think itself lucky if its ruling generals now preside over a 17-year reign of terror. I also take it the WSJ means us to associate two governments removed by generals - the one led by Salvador Allende in Chile ...
Upbeat Jobs Report Leads To Strength On Wall Street - U.S. Commentary
With traders reacting positively to the monthly jobs report, stocks moved higher at the start of trading on Friday. The major averages all moved to the upside at the open, adding to the modest gains posted in the previous session.The major averages have pulled back off their highs for the young session but currently remain firmly positive. The Dow is up 82.02 points or 0.6 percent at 15,070.57, ...
US Rep. Jenkins Calls for Reduction of Student Loan Interest Rates
Washington, 6 Jul (Prensa Latina)President Obama should urge Senate Democrats to work with Republicans on legislation to reduce the interest rate on college student loans, Rep. Lynn Jenkins (R-Kan.) the vice chairwoman of the House Republican Conference, said on Saturday. Jenkins's call, in the weekly Republican address, came a week after the interest rates doubled when Congress failed to ...
Bond investors face a reckoning as interest rates jump
But to some bond investors it's apparently more like a five-alarm fire. As rising interest rates have pushed down the value of older bonds in the last two months, the share prices of popular bond mutual funds have slumped. Case in point: Shares of the Pimco Total Return Bond fund have dropped 6.4% since May 2. The losses aren't on the scale of what happened to stocks in 2008-09, ...
Europe stocks move higher after U.S. jobs data
jobs gain for the U.S. in June . The U.S. economy added 195,000 jobs in June, against forecasts for a rise of 155,000 to 165,000, while gains for May and April were revised sharply higher. The Stoxx Europe 600 ...
Wall Street rallies to end week higher after June jobs report
US stocks rose in choppy trading on Friday to finish the week higher, as higher-than-expected US non-farm payrolls gains in June trumped fears over the Federal Reserve's possible tapering of its stimulus later this year.The Dow Jones Industrial Average jumped 147.29 points, or 0.98 percent, to 15,135.84 points. The S&P 500 rose 16.48 points, or 1. 02 percent, to 1,631.89 points. The ...
Open thread for night owls Wall Street exempts itself from reform
The Dodd-Frank financial reform act, the law designed to clean up the abuses that led to the financial crisis, celebrates its third birthday this month. But only about a third of the rules required by the legislation have been finalized so far, and even those are not going into effect as scheduled. This week provided a perfect example of why that is: The Federal Reserve granted Goldman Sachs a ...
Egypt sees more bloodshed
Fighting across Egypt leaves 22 people dead and hundreds more injured as fears rise of widening violence after a coup ousts the country's first democratically elected ...
UPDATE 1-Wall St Week Ahead For stocks theres no need to fear good news
Fri Jul 5, 2013 7:28pm EDT By Ryan Vlastelica NEW YORK, July 5 (Reuters) - Wall Street doesn't hate good news after all. The June jobs figures were stronger than expected and caused a big selloff in the bond market. That further underscored expectations that the Federal Reserve will be chopping back its big bond-buying program sooner rather than later. This kind of occurrence in the past ...
Video Good news is good again on Wall Street
Wall Street recovered from a roller coaster ride as investors ultimately viewed stronger-than-expected jobs data as a good thing. Conway G. Gittens ...
Cuomo aide turns Wall St. hammer
Benjamin Lawsky, Gov. Andrew Cuomo?s handpicked banking cop in New York, has emerged as the new "it" regulator among the Wall Street reform crowd.In recent months, his New York Financial Services Department has scored headline-making settlements with foreign banks over money laundering, warned the insurance industry over shadowy accounting practices and cracked down on the ...
Central banks in Europe extend policy announcements
Two central banks in Europe extended their communication styles, adding qualifiers to traditionally sparse monetary policy statements. With both the European Central Bank and the Bank of England qualifying their monetary policy announcements for the first time, it appears, in part, that the more transparent communication style espoused by ...
Most banks will meet new capital standards Fitch
NEW YORK (MarketWatch) -- The majority of U.S. banks will be able to meet the tougher capital requirements set by regulators, which are positive for financial stability, according to a statement by Fitch Ratings on Friday. Most banks are well positioned to either meet or exceed the requirements set out by the Federal Reserve to meet the Basel III rules, said Fitch. The rules create a two-tier ...
Wall Street ends up 1 per cent on strong jobs data
NEW YORK: The US stock market is closing higher after a bumpy start, with investors encouraged by a big uptick in hiring. The government says that the U.S. economy added a stronger-than-expected 195,000 jobs last month. That helped investors shake off worries about the Federal Reserve scaling back its economic stimulus, which spooked markets early. ...
US companies could once again beat Wall Street analysts best guesses
NEW YORK -- For Corporate America, it's the season of low expectations. Companies have been scaling back their earnings forecasts for weeks as part of a quarterly cat-and-mouse game with financial analysts. It's not OK just to report a strong second-quarter profit -- they also need to beat analysts' forecasts. And companies are eager to do just that. Earnings season gets started ...
GLOBAL MARKETS-Stocks dollar rally U.S. yields jump on jobs data
* U.S. 5-, 7- and 10-year yields highest in almost two years * Crude: best week for WTI since Feb 2011, for Brent in a year * Dollar strengthens, hits gold and copper prices * U.S. stocks rally, MSCI global gauge flat By Rodrigo Campos NEW YORK, July 5 (Reuters) - U.S. stocks jumped 1 percent on Friday, while the dollar rallied and Treasury debt prices fell after strong job market data showed ...
US STOCKS-Wall St gains as jobs data signals stronger economy
Fri Jul 5, 2013 4:49pm EDT * June job creation exceeds forecasts * S&P 500 close above 50-day moving average for the first time since June 19 * Small-cap index hits new all-time high * Dow up 1 pct; S&P up 1 pct; Nasdaq up 1 pct By Angela Moon NEW YORK, July 5 (Reuters) - U.S. stocks rose sharply on Friday after robust jobs data pointed to economic growth and investors overcame concerns that the ...
Nasdaq Composite gains 36 points to 3479
NASDAQ traded symbols and their current financial status. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is at least 60-minutes delayed. All quotes are in local exchange ...
Stocks end with solid gains rally into close
NEW YORK (MarketWatch) -- U.S. stocks closed with strong gains Friday after a choppy session, helped by a stronger-than-expected jobs report. The S&P ...
NYSE Arca experienced sporadic interruption
+0.98% , experienced a 'sporadic interruption' in updating quotes and trades to the public consolidated tape system early Friday, the exchange said in a statement. The so-called consolidated tape is an electronic service that provides last sale and trade data for securities listing on U.S. exchanges. The statement said that the sporadic interruption took place between 7:29 a.m. and ...
Global markets gain ahead of US jobs report
LONDON/HONG KONG--Optimism that the world's major central banks will keep borrowing costs down boosted world stock markets Friday as investors awaited a key U.S. jobs report later in the ...
Oil futures score a nearly 7 gain for the week
U.S. jobs growth in June raised the prospects for energy demand, while growing tensions in Egypt fed concerns over the potential for disruptions to the Middle East oil trade. August ...
Source: http://www.kyrgyzstannews.net/index.php/sid/215666038/scat/da4df54c389ee3f7
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