World markets rally, Nikkei gains 2%
World markets rallied Monday, with Asian stocks logging their fourth straight session of gains.
Tagged asian, fourth, markets-rallied, monday, stocks-logging, straight-session, their-fourthWorld markets rallied Monday, with Asian stocks logging their fourth straight session of gains.
Tagged asian, fourth, markets-rallied, monday, stocks-logging, straight-session, their-fourthStocks started September with a bang as investors cheered a rare dose of good economic news but investors may need to buckle in for the coming week: It’s a holiday-shortened week with little on the docket to set the tone.
Tagged a-rare-dose, coming, coming-week, docket, investors-cheered, investors-may, little-on-the, the-docket, toneA new national poll released Sunday indicates that eight in 10 Americans say that the economy is in poor shape, and the number that say conditions are very poor is on the upswing after steady declines through the spring.
Tagged after-steady, and-the, are-very, economy, new-national, number, poll-released, poor-shape, say-conditions, spring, the-economy, the-spring, the-upswing, through-the-spring, upswingPresident Obama is pledging to propose a new package of job-boosting ideas next week — just don’t call it stimulus.
Tagged a-new-package, call-it-stimulus, new-package, obama, president-obamaAs better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.
Tagged a-boosted-investor, boosted-investor, economic-data-, falling-against, greenback, its-luster, lost-some, the-greenback-, weekU.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today showed employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searching for jobs.
Tagged a-revised-107, dropped-and, easing-concerns, labor, latest-jobs, more-people, nation, rate-climbed, report-released, sector-rose, sent-stocks, the-private, today-showedStocks pared earlier gains in Friday’s pre-holiday session as investors welcomed a better-than-expected report on the U.S. job market.
Tagged friday, investors-welcomed, job-market, pared-earlier, report-on-the, session-as-investorsIt’s not yet clear what Burger King’s new owner, the Brazilian-backed private equity firm 3G Capital, has in mind for the troubled No. 2 fast-food chain. But a total strategic revamp is in order.
Tagged a-total-strategic, brazilian-backed, burger-king, capital, clear-what, new-owner, not-yet, private-equity, the-troubled, total-strategic, troubledBusiness hiring is picking up, but not enough to make up for the massive losses of temporary government jobs.
Tagged but-not, for-the, massive, massive-losses, temporary-governmentHyundai-Kia Motors is recalling more than 35,000 cars with fire-prone electrical wiring systems, said the National Highway Traffic Safety Administration.
Tagged electrical-wiring, motors, national, national-highway, recalling-more, said-the, said-the-national, traffic, traffic-safety, with-fire-prone