Daily Data Flow
Jobs Data, Syria Battle over Market; U.S. Oil Spurts to Two-Year High; Euro Beats Dollar on Reaction to Jobs Data
This morning’s discouraging jobs data had investors expecting a longer delay before the Federal Reserve cuts its stimulus, while the ongoing tensions regarding Syria had uncertain investors playing it safe and exiting the market.
Jobs Data Anticipation Boosts Stocks; Gold at Two-Week Low; Dollar Rises on European Central Bank Comments
Stocks rose today in advance of tomorrow’s release of jobs data. As a result, benchmark indices achieved their longest rally in more than a month.
Stocks Rise Before Syria Vote, Fed Decision; Bigger Banks in Europe?; Full Speed Ahead: Auto Sales Accelerate in August
Stocks climbed today, led by automakers and technology companies, as investors awaited a Senate vote on action against Syria while also watching for signs from the Federal Reserve about when it will begin to taper its stimulus.
U.S. Stocks Rise as Data Diminishes Fear; Dollar Hits Six-Week High; Manufacturing Sector Resurgent
Reports from around the world looked good: Chinese, US, and European manufacturing are all on the upswing in August. The S&P 500 closed today on a gain of 0.4 percent.
Syria Tension Pushes Stocks to Monthly Loss; Survey Says Europe is Back in the Mix; Banks May Raise Rates to Attract Depositors
Investors are hesitant to put their money into the markets, as they wait to know what exactly will happen in troubled Syria. As a result, as of Friday afternoon, the S&P 500 was on pace to extend its worst monthly drop in 15 months.
Solid Economic Data Pulls up Stocks and the Dollar; Dollar Rises with Positive U.S. News; Oil Falls Back as Investors’ Syrian Fears Relax
Both European and U.S. stocks rose today, following a more-positive-than-expected revision of second quarter gross domestic product (GDP) growth. Asian currencies, such as the Indian rupee and the South Korean won, and indices tracking East Asian markets also came up.