Today’s session was no barn-burner by any means, but at least we got to see major benchmarks finish in positive territory and snap a six day losing streak. The Dow squeezed out gains of 20 points while …
Archive for May 10th, 2012
Stocks climbed back into positive territory after news of a better than expected jobs report that gave investors a sense of optimism. The Labor Department is reporting a drop in weekly claims for unemployment last week, falling 1000 to a seasonally adjusted 367,000. 369,000 was the number economists [...]
Investors are looking for any signs that the U.S. economy will switch back on in coming months after disappointing job growth in March and April.
Since it was spun off from Cablevision last June, the stock has risen more than 11%.