Saturday, May 5, 2018

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update May 5, 2018
NEWS
Stocks struggled for most of the week, then rallied on Friday. The Federal Reserve said it still plans to raise rates, and job growth came in under consensus at 164,000, while unemployment fell to 3.9%, a 17-year low. For the week, the Dow industrials fell 0.2% to 24,262.51; the Standard & Poor's 500 ...
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Musk also had more to say about RBC Capital Markets analyst Joseph Spak, who questioned him during the conference call about the volume of buyer reservations for Tesla's Model 3 cars. During the conference call, he snapped that "these questions are so dry. They're killing me." Via Twitter, Musk ...
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"Today's report underscores the tug-of-war in the market: is the weaker headline number and slight contraction in wages an indication of economic growth slowing, or is it another sign of the labor market reaching full employment," writes Quincy Krosby, chief market strategist at Prudential Financial.
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WEB
North American Stock Markets Rally, TSX Surges More Than 100 Points
North American stock markets rally, TSX surges more than 100 points. Aleksandra Sagan, The Canadian Press - Canadian Press - 22 minutes ago. Canada's main stock index headed higher in early trading, boosted by gains in the health care sector which included the volatile marijuana space.
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