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  • Jobs report may test market's complacency

    A morning commuter carries an umbrella as she passes by the NYSE during a winter storm in New YorkThe U.S. stock market has been quiet this week - too quiet. Wall Street has traded in a tight range of late, with both volatility and trading volumes drying up as the earnings season winds down and Federal Reserve Chair Janet Yellen's recent Congressional testimony delivered no surprises. About 238,000 jobs are expected to have been added in February, according to the non-farm payroll report that will be released on Friday, down from the 257,000 added in January. "Economic data will be the biggest driver of market moves over the next month, and the key one is the jobs report," said Jim McDonald, chief investment strategist at Chicago-based Northern Trust Asset Management.


  • J.C. Penney and Gap are big market movers
  • Wall Street ends down after data; posts strong gains for month

    Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New YorkNEW YORK (Reuters) - The S&P 500 posted its best monthly gain since October 2011 on Friday, but U.S. stocks ended lower for the day as U.S. economic growth slowed more sharply than initially thought in the fourth quarter.


  • TSX steady as miners, banks edge higher

    A man walks past an old Toronto Stock Exchange sign in TorontoBy John Tilak TORONTO (Reuters) - Canada's main stock index closed little changed on Friday as higher bullion prices boosted shares of gold miners, while banks climbed after reporting quarterly results earlier this week. The bank results helped calm investor fears about the impact a sluggish economy and the oil-price slump are having on financial institutions. The Toronto stock market's benchmark index recorded at 3.8 percent gain this month, lifted by a rebound in its energy and financial sectors. ...


  • Stocks slip after weaker growth, end best month since 2011

    FILE - This Thursday, Oct. 2, 2014, file photo, shows the facade of the New York Stock Exchange. U.S. stock indexes edged slightly lower in early trading Friday, Feb. 27, 2015, after the U.S. economy slowed more sharply than expected in the final three months of 2014. Utilities stocks were among the biggest decliners. (AP Photo/Richard Drew, File)The stock market is closing lower following news that U.S. economic growth slowed more sharply than previously estimated in the final three months of the year.


Quote of the Day

People of mediocre ability sometimes achieve outstanding success because they don't know when to quit. Most men succeed because they are determined to. - George E. Allen




Today's Word

per contra

adverb: On the contrary; noun: The opposite side.



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