Stocks rallied Thursday, led by energy, financial and tech shares, as investors welcomed signs of improvement in the labor market ahead of the big monthly jobs report.
Investors this week will face the largest batch of company report cards yet, in what is quickly shaping up to be the worst quarter for corporate profits in a decade.
Trading was mixed Friday in Asian and Pacific markets, with Japan's Nikkei index and South Korea's KOSPI index down over worries about the U.S. economy.
Stocks seesawed Thursday on worries about the consumer after weak retail sales, and ahead of the December employment report which is expected to show massive job losses.
As the world financial markets continue to thrash wildly, the amount of money pulled from stock mutual funds in the past week was on the decline, according to a report released Thursday - an indication that individual investors were getting a little less pessimistic.
Stocks surged Monday as investors shrugged off a spate of negative company news and opted to scoop up a variety of shares battered in last week's selloff.
Stocks inched higher Thursday, as investors continued to bet that the worst of the credit crisis is behind the market. However, gains were limited by some jitters ahead of Friday's big monthly jobs report.
Stocks slid Tuesday, falling for a second session as worries about banking sector profits kept investors on edge ahead of the upcoming November jobs report and Federal Reserve policy meeting.
Stocks rallied Thursday, led by energy, financial and tech shares, as investors welcomed signs of improvement in the labor market ahead of the big monthly jobs report.
Investors this week will face the largest batch of company report cards yet, in what is quickly shaping up to be the worst quarter for corporate profits in a decade.
Trading was mixed Friday in Asian and Pacific markets, with Japan's Nikkei index and South Korea's KOSPI index down over worries about the U.S. economy.
Stocks seesawed Thursday on worries about the consumer after weak retail sales, and ahead of the December employment report which is expected to show massive job losses.
As the world financial markets continue to thrash wildly, the amount of money pulled from stock mutual funds in the past week was on the decline, according to a report released Thursday - an indication that individual investors were getting a little less pessimistic.
Stocks surged Monday as investors shrugged off a spate of negative company news and opted to scoop up a variety of shares battered in last week's selloff.
Stocks inched higher Thursday, as investors continued to bet that the worst of the credit crisis is behind the market. However, gains were limited by some jitters ahead of Friday's big monthly jobs report.
Stocks slid Tuesday, falling for a second session as worries about banking sector profits kept investors on edge ahead of the upcoming November jobs report and Federal Reserve policy meeting.
Stocks rallied Friday, with the Dow surging more than 140 points, as investors welcomed a pair of stronger-than-expected readings on the economy, including the July new home sales report.
Stronger-than-expected readings on the economy, including July new home sales, sent stocks higher Friday morning, yet gains were limited by higher oil prices and ongoing worries about the tightening credit markets.
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