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Stocks Close with Modest Advances on Better Jobless Numbers Ahead of New FOMC

Michael Teague | Equities.com |

Wall Street closed Thursday on gains as the Labor Department released data indicating that jobless claims for the week fell by 16,000 to 339,000.After last month’s Federal Open Market Committee


Wall Street Gains Across the Board on Techs, as FOMC Affirms QE

Michael Teague | Equities.com |

On Wednesday, the S&P 500, the Dow, and the Nasdaq all gained near 1 percent or more and Wall Street extends its record-breaking tendencies into the second quarter.Against the unlikely


Google Fiber to Come to Austin by 2014 as AT&T Gives the City a Competing Offer

Michael Teague | Equities.com |

Homes in Kansas City have, since November, been receiving the Google (GOOG) Fiber internet service that the tech company claims is “100 times faster” than the typical broadband offering of any


Equities Sector Coverage: Stocks Drop on Bernanke Comments But Close Flat

Sector Recap | Equities.com |

The Dow Jones Industrial Average rebounded to 13,329.44 then consolidated during Fed Chief Bernanke’s press conference dipping into the red at 13,239.65 but staying above its 50-day and 200-day


Equities Sector Coverage: Washington Optimism Pushes Up Wall Street

Sector Recap | Equities.com |

New Home Sales for October slipped 0.3% to an annual rate of 368,000 units, way below expectations. The average selling price was $237,700 up 5.7% year over year. The inventory of new homes rose


Economic Surprise Index Surprises. So What Does It Mean?

George Brooks | Equities.com |

Heads up! There are two interesting surveys that investors should pay attention to: The Bloomberg Economic Surprise Index and the Citigroup Economic Surprise Index. Both indicate the economy is


Equities Sector Coverage: Wall Street Slumps on Europe

Sector Recap | Equities.com |

The Dow Jones Industrial Average opened higher to 12,730.09 but by 10:00 AM was down to 12,653.46. After a short period of stabilization the Dow slumped to 12,521.84 in afternoon trading, which is


Equities Sector Coverage: Wall Street Moves Higher on Improving Data

Sector Recap | Equities.com |

Initial Jobless Claims rose to 388,000 moving further above the 350,000 recessionary threshold. The Dow Jones Industrial Average rallied to a day’s high at 13,227.82 going into the final half


Equities Sector Coverage: Wall Street Ends Mostly Flat Ahead of Jobs Report

Sector Recap | Equities.com |

Initial Jobless Claims fell to 367,000 but remain above the 350,000 recessionary threshold. Nonfarm Productivity rose 0.7% in the 4th quarter 2011 with Unit Labor Costs up 1.2%. The Dow Jones


Equities Sector Coverage: Wall Street Falls As Investors on Edge

Sector Recap | Equities.com |

The Dow Jones Industrial Average traded down to 12,311.79 at Friday’s low then consolidated to above 12,400 into the final hour of trading. The NASDAQ traded down from 2712.93 to 2689.58 then


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