Tag Archives: payrolls
Wall Street sets new milestones on encouraging payrolls report
Beijing, May 4 (Xinhua-ANI): U.S. stocks continued to rally on Friday, with the S and P 500 closing above the 1,600 milestone level and the Dow hitting 15,000 points for the first time in history, boosted by optimistic U.S. nonfarm payrolls report in April. Continue reading
Strong U.S. jobs data sends shares, dollar higher
By Richard Hubbard LONDON (Reuters) – The dollar rose over 1 percent against the yen and U.S. Continue reading
Wall St set for higher open after payrolls report
By Angela Moon NEW YORK (Reuters) – Wall Street was set for a higher open on Friday after data showed U.S. employment rose more than expected in April, pushing the unemployment rate to a four-year low of 7.5 percent, which could ease concerns of a slowdown in the economy. The data showed non-farm payrolls rose 165,000 in April, while March's payrolls were raised to 138,000 and February's were revised up to 332,000 Continue reading
Wall Street gains for fourth day, but weak tech hurts Nasdaq
By Ryan Vlastelica NEW YORK (Reuters) – Stocks rose for a fourth straight day on Thursday, sending the Dow and the S&P 500 to new closing highs as positive data on the labor market and an encouraging retail outlook eased recent concerns about economic growth. Despite the S&P 500's gain of 11.7 percent this year, investors have fretted about the pace of recovery, especially after last week's dramatically weak March payrolls report. Jobless claims fell far more than expected in the latest week, dropping to the lower end of the range for the year. Continue reading
MARKET COMMENT: HSI +0.4%; Sandwiched Between US, China Data
0215 GMT [Dow Jones] The HSI is up 0.4% at 23,185.67, as the lead from Wall Street on strong U.S. non-farm payrolls more than offsets tepid China growth data. Continue reading
Jobs growth sends shares, dollar higher
LONDON (Reuters) – A unexpectedly sharp rise in hiring by U.S. employers in February sent world shares and the dollar higher on Friday while U.S Continue reading
Stocks soar again; major indexes up 2% for week
Stocks finished higher across the board Friday with the Dow setting a new record high and all three major averages up more than 2 percent for the week, boosted by a stronger-than-expected monthly government payrolls number. Continue reading
Businesses added more jobs than expected in Feb.
U.S. private employers added a larger-than-expected 198,000 jobs in February, bolstering hopes that hiring across the economy is improving, a report by a payrolls processor showed on Wednesday. Continue reading
Businesses add more jobs than expected in January
Private-sector employers added 192,000 jobs in January, more than economists were expecting, in a sign of growth in the labor market, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 165,000 jobs. Continue reading
Frail Jobs Gains Gives Markets Jitters
NEW YORK (TheStreet) — U.S. Continue reading →