World Week Ahead US payrolls, manufacturing, services data loom

Sun, 01 Dec 2013

Dec. 2 (BusinessDesk) - Trading desks will be back to full staff this week after the Thanksgiving break in the US and investors are expected to be in a mood to buy -- at least that’s what traders are hoping. While stocks ended little changed in thin trading on Friday, Wall Street posted another strong month of gains. For all of November, the Dow Jones Industrial Average rose 3.5 per cent, the Standard & Poor’s 500 Index advanced 2.8 per cent and the Nasdaq Composite Index climbed 3.6 per cent. And the hope for a Santa Claus rally through Dec...

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