Today brings to an end the second week of a rather light economic calendar. For whatever reason the scheduling of economic data being released for the past two weeks has been rather sparse. The stock market up until Wednesdayhad been continuing its slow and steady climb toward the $17,000 mark. Combined between Wednesday andThursday the market pulled back by just over 211 points. The main reason ...

In the absence of any significant or surprising economic news this week, the stock market has kept on its path of hitting new records. The indices all hit new all-time highs. Jobs news!!! the Department of Labor reported today that the economy added 217,000 new jobs last month, beating out a consensus forecast of 213,000 among economists surveyed by Econoday. This left the national unemployment ...

With the exception of Tuesday, the equity markets were stable this week with gradual improvement through the end of the trading day on Thursday.  Thursday’s market rise was driven primarily by improvement in retail sales for some large national chain stores.  The one setback for the week occurred on Tuesday with earning reports that came in worse than expected.  Some major players in the market not ...