January 24, 2014 – Business News – Financial News – Stock News –NYSE — Market News 2014

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Business News – Financial News – Stock News — New York Stock Exchange — Market News 2014

Business News – Financial News – Stock Exchange — Wall Street — Market News – New York Stock Exchange 2014

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This week’s wrap up from RK Walker:

Markets were closed Monday due to a national holiday, and the remaining days of trading were a mixed bag.

The S&P 500, having reached record highs last week, just couldn’t keep the momentum going. Companies are reporting their earnings, and although they haven’t been bad, they haven’t been great either. A familiar pattern continues of lackluster or negative revenue growth, yet earnings per share rise due to cost cutting or share buybacks.

On Friday, emerging market currencies fell against the US dollar, creating more worry and prompting major indexes to drop. On Thursday, the flash Purchasing Managers’ Index for China fell to 49.6 in January, down from 50.5 in December. Readings below 50 indicate contraction in the manufacturing sector, and this is the first reading below 50 for China in six months.

Jobless claims for the week ending January 18 came in at 326,000, only 1,000 more than the previous week. Existing home sales increased 1% for December to 4.87 million units.

January 10, 2014 Weekly Stock Market Wrap up:

Advanced Micro Devices (NYSE: AMD)
Motorola Solutions, Inc. (NYSE: MSI)
Netflix, Inc. (NASDAQ: NFLX)
Nokia Corporation (NYSE: NOK)

Business News – Financial News – Stock Exchange – New York Stock Exchange — Wall Street — Market News 2014

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7 replies
    YONATAN C says:

    Since late last December, more than two million unemployed workers,
    And their children, have been without unemployment benefits, due to
    The failure of the Republican Party to pass an unemployment extension bill.
    After several proposals by the democrats, to get this bill passed in the senate,
    These unemployed workers are still no closer of getting the financial help that
    They so desperately need to provide for their families. The Republicans have consistently
    Denied passing of the bill. These families have had to face evictions, home foreclosures,
    Bankruptcy, and homelessness. When millions of tax payer’s dollars are freely given to
    Finance corporate welfare, and foreign aid, nothing is given to these families who are
    Out of work. When billions of tax payer’s dollars were used to Bailout both the Banking and Airline industries, to name but a few, how is can it be justified not to help the average
    American family? These millions of people are angry and will voice their anger in the 2016 election with their vote. These families will not forget their struggles and pain.

    YONATAN C says:

    It's truly a shame that what with all the money that our country spends on both corporate welfare, and foreign aid, the government will not spend money to help hungry and needy families, who loss their unemployment benefits. It's truly incomprehensible that the Republican Party who prides itself on "family Values", seemed to lack those same values with their decision not to vote for the extension bill. How can they be so lacking in compassion and human decency? Are they so far removed from the majority of us, that they are unable to feel any sense of sympathy? These Americans are not just some statistic on someone's economic spreadsheet, but real people with children and mortgages, and bills. Many of these Americans have been left homeless due to this situation. How do you tell your child that you might have to live out of the car? These unemployed American workers have been waiting desperately for the two political parties to come together and pass the unemployment extension so that they can perhaps buy a little more time to gain employment again and become an active contributor as before. The Republican Party has proven to be the party that's NOT only NOT for family values, but the party without heart and human kindness. It's time for Americans to take back their country from these career politicians who are more motivated by person greed and ambition than to the people whom they serve.
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