The Closing Look
Stocks were relatively quiet on Thursday as investors waited for Friday’s fake jobs report to be released. Before Thursday’s open, stock futures were slightly higher after several international factory orders jumped, mainly in China, UK, and other parts of Europe. China’s factory activity jumped to the fastest pace in nearly two years and U.K.’s factory activity…
The Morning Look
Market Update: Stock futures are waiting for the employment number as the Dow Jones Industrial Average tries to bounce off its 50 DMA line and the market waits for the fake jobs report. Gary’s Thoughts: The employment number worse than expected so the market goes from betting on a rate hike to betting on a no——way…
IMF’s Lagarde says likely to cut growth outlook as trade wanes
http://www.reuters.com/article/us-g20-china-lagarde-idUSKCN11753I
Goldman Sachs Said to Have Lost $1.8 Billion U.S. Property Deal
http://www.bloomberg.com/news/articles/2016-08-30/goldman-sachs-said-to-have-lost-1-8-billion-u-s-property-deal
Why September Could Be Huge for Markets All Around the World
http://www.bloomberg.com/news/articles/2016-08-31/why-september-could-be-huge-for-markets-all-around-the-world
Ford, GM Sales Fall, Chrysler Sales Rise @FoxBusiness
http://www.foxbusiness.com/markets/2016/09/01/ford-gm-sales-fall-chrysler-sales-rise.html
Samsung Mobile Recovery Suffers Blow as Galaxy Notes ‘Catch Fire’ @FoxBusiness
http://www.foxbusiness.com/markets/2016/09/01/samsung-mobile-recovery-suffers-blow-as-galaxy-notes-catch-fire.html
Report: Wal-Mart to Cut 7,000 U.S. Store Back-Office Jobs @FoxBusiness
http://www.foxbusiness.com/markets/2016/09/01/report-wal-mart-to-cut-7000-u-s-store-back-office-jobs.html
Low rates can’t resolve long-term labor problem: Fed’s Mester
http://www.reuters.com/article/us-usa-fed-mester-idUSKCN1175H9