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Tag Archives: stock market
Stock market retreats based on jobs report
Stocks fell on Monday but pulled off their lows by mid-session, suggesting that the market is brushing off the weaker-than-expected jobs data that pushed major indexes down more than 1 percent earlier. The S&P 500 slid to its lowest point … Continue reading
Posted in Economy
Tagged china, europe, federal reserve, jobs report, S&P 500, stock market
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China’s low growth projection slows market
U.S. stocks and markets all of the world slid today after China lowered its annual growth rate. The Chinese Premier Wen Jiabao lowered the target for China’s economic growth, this reinforces the idea that China needs to make their economic development … Continue reading
Posted in Economy
Tagged china, chinese premier wen jiabao, economy, low growth forecast, stock market
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Central banks make a move to stablize system
Central banks of the wealthiest countries are trying to prevent a global panic because of the debt crisis in Europe by making it easier for banks to borrow American dollars. The stock markets shown their seal of approval, the Dow … Continue reading