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When the dollar is weaker, U.S. goods are cheaper for buyers overseas. Companies that do business overseas also get a profit boost when their earnings are translated back into dollars...Oil prices plunged and gold topped $1,100 an ounce for the first...
Tags: Federal Reserve, unemployment rate, job reports, The Labor Department, stock futures, Treasurys, U.S, job losses, gold price
Markets have taken a tumble as a worse-than-expected outlook for US jobs undermined hopes for economic recovery...In early trading the index was down 34.43 points to 5013.38, a drop of 0.67%. "The market is nervous ahead of non-farm payrolls.
Tags: U.S, job reports, world market, largest economy, jones industry, Dow Jones, economic recovery, Asia, stock market
India gold futures were flat on Wednesday after losing more than a percent in the previous session, with investors awaiting the U.S. jobs report for direction, analysts said. Commodities in Mumbai. "The direction would be data-dependent with the most...
Tags: gold futures, job reports
Stocks slumped Thursday, as weak reports on retail sales and jobless claims added to fears of a prolonged recession...Stocks fell sharply Wednesday, with the Dow losing close to 500 points and all three major gauges off at least 5% as President-elect...
Tags: stock, obama, job reports, U.S, 000, jones industrial, industrial average, wall street, Dow Jones