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While you were sleeping: US economy gathers pace
By Margreet Dietz May 6 (BusinessDesk) - Wall Street advanced in late afternoon trading as better-than-expected services sector data outweighed concern about the escalating crisis in Ukraine. With about an hour of trading left in the day in New York, the Dow Jones Industria...
While you were sleeping: Solid US eco data
By Margreet Dietz May 2 (BusinessDesk) - Wall Street was mixed, with the Dow Jones slipping from the previous day’s record-high close, as investors awaited the government’s monthly employment data due Friday. In afternoon trading in New York, the Dow Jones Industrial Averag...
While you were sleeping: Fed lifts stocks, bonds
By Margreet Dietz May 1 (BusinessDesk) - US equities and bonds gained after the Federal Reserve indicated it will keep interest rates low for “a considerable time,” while also pointing to a pick-up in the economy. “Growth in economic activity has picked up recently, after h...
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