Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Omaha Steve

(99,659 posts) Fri Aug 1, 2014, 11:31 AM Aug 2014

US stocks stabilize, helped by a pickup in hiring

Source: AP-EXCITE

NEW YORK (AP) — U.S. stocks are stabilizing a day after a steep drop as investors were encouraged by the latest wave of hiring.

Decent earnings reports from several major U.S. companies gave investors more reasons to pick up stocks.

Procter & Gamble, Expedia and LinkedIn all rose after reporting better quarterly earnings than analysts were expecting. PerkinElmer fell after its sales missed analysts' forecasts.

FULL short story at link.

Read more: http://apnews.excite.com/article/20140801/financial_markets-us_open-deeefc2b29.html

4 replies

= new reply since forum marked as read

Highlight:

US stocks stabilize, helped by a pickup in hiring (Original Post) Omaha Steve Aug 2014 OP

Stocks still falling... Lodestar Aug 2014 #1

Stock market always goes down modrepub Aug 2014 #2

And these days the markets RELY on volatility...n/t Lodestar Aug 2014 #3

This time of year is August vacation time (and need for some spending $) nt. BumRushDaShow Aug 2014 #4

Lodestar

(2,388 posts)

1. Stocks still falling...

Reply to Omaha Steve (Original post)

Fri Aug 1, 2014, 12:51 PM

Aug 2014

http://www.bloomberg.com/news/2014-08-01/u-s-index-futures-decline-as-investors-await-jobs-report.html

modrepub

(3,496 posts)

2. Stock market always goes down

Reply to Omaha Steve (Original post)

Fri Aug 1, 2014, 12:56 PM

Aug 2014

when there's good news for the bottom classes. More jobs, higher wages, more people with healthcare...add whatever you want. Stocks always seem to go up when people are thrown out of work or have their wages cut. It's almost an inverse measure of how the average person is doing.

Lodestar

(2,388 posts)

3. And these days the markets RELY on volatility...n/t

Reply to modrepub (Reply #2)

Fri Aug 1, 2014, 01:05 PM

Aug 2014

BumRushDaShow

(129,085 posts)

4. This time of year is August vacation time (and need for some spending $) nt.

Reply to modrepub (Reply #2)

Fri Aug 1, 2014, 01:24 PM

Aug 2014

Reply to this discussion