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By Lu Wang and Alex Barinka, Bloomberg |
September 5, 2013
U.S. stocks rose, with benchmark indexes poised for the longest rally since July, as investors weighed data on the labor market and American services industry before tomorrow’s monthly jobs report.
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By Jeanna Smialek, Bloomberg |
September 5, 2013
Service industries in the U.S. expanded in August at the fastest pace in almost eight years as a pickup in demand encouraged companies to step up hiring, showing the world’s biggest economy is gaining momentum.
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By Anthony Lazzara |
September 5, 2013
The SEP13 Swiss franc is the big loser in today’s FX markets, with the Franc/USD trading down 96 ticks to 105.87. As the economy heats up in Europe, China, and U.S. investors may be less likely to seek safe havens such as gold and Swiss franc.
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By David Goodman, Bloomberg |
September 5, 2013
The euro declined to a six-week low versus the dollar as European Central Bank President Mario Draghi said officials discussed an interest-rate cut at today’s policy meeting.
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By Jeanna Smialek, Bloomberg |
September 5, 2013
Growth in U.S. service industries unexpectedly accelerated in August as orders picked up, showing further progress in the world’s biggest economy.
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By Nick Taborek and Susanne Walker, Bloomberg |
August 5, 2013
Treasuries fell as stronger growth in American service industries dimmed prospects for Federal Reserve bond buying, while U.S. benchmark stock indexes retreated from records.
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By Anthony Lazzara |
August 5, 2013
Corn futures have been beaten down over the past month, and are down again today. We are curious to see when the market will bounce from overbought conditions, but we may have a ways to go.
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By Victoria Stilwell, Bloomberg |
August 5, 2013
Service industries in the U.S. expanded in July at the fastest pace in five months, a sign the world’s biggest economy will improve after slowing the last three quarters.
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By Michelle Jamrisko, Bloomberg |
June 5, 2013
Service industries in the U.S. expanded at a faster pace in May, indicating the world’s largest economy is weathering a downturn in manufacturing and federal budget cuts.
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By Michael P. Regan and Inyoung Hwang, Bloomberg |
May 3, 2013
U.S. stocks rallied, with the Dow Jones Industrial Average reaching 15,000 for the first time, and Treasuries slid as faster-than-forecast employment growth bolstered optimism in the world’s largest economy.
