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Mar 13, 2015

Wall St Week Ahead-Investors in ‘patient panic’ over Fed language

March 13 (Reuters) – Forget the 2013 “taper tantrum.”

U.S. stock markets are in the midst of a “‘patient’ panic”
ahead of Wednesday’s Federal Reserve statement, when many
investors expect a change in the Fed’s language that would send
the clearest signal yet that a rate hike is coming soon.

The S&P 500 has fallen 2.6 percent since February’s
stronger-than-expected jobs report a week ago boosted
expectations for an interest rate increase as soon as June.

Mar 11, 2015
via Data Dive

Nasdaq looks different 15 years after its peak: then and now

Happy anniversary, Nasdaq. It has been 15 years since the dot.com bubble peaked on March 10, 2000, and the Nasdaq composite index hit its lifetime intraday high of 5,132. Back then many of us were watching reality TV shows like “Survivor” and bidding up stocks of companies that had no earnings.

The index has not reached those heights since, though it briefly surpassed the 5,000 mark on March 2. It has since retreated.

Mar 11, 2015
via Data Dive

Nasdaq looks different 15 years after its peak: then and now

Happy anniversary, Nasdaq. It has been 15 years since the dot.com bubble peaked on March 10, 2000, and the Nasdaq composite index hit its lifetime intraday high of 5,132. Back then many of us were watching reality TV shows like “Survivor” and bidding up stocks of companies that had no earnings.

The index has not reached those heights since, though it briefly surpassed the 5,000 mark on March 2. It has since retreated.

Mar 6, 2015

Wall St ends lower as jobs data may bring rate hike sooner

NEW YORK, March 6 (Reuters) – U.S. stocks closed lower on
Friday and the S&P 500 declined for a second straight week
after a strong monthly jobs report as investors bet that the
Federal Reserve could raise interest rates sooner than
previously expected.

Some of the worst-hit stocks were utilities and real estate
investment trusts as they are high-yielding investments which
would look less attractive after a rate hike.

Mar 6, 2015

Wall St falls as strong jobs data may bring rate hike sooner

NEW YORK, March 6 (Reuters) – U.S. stocks retreated on
Friday, with the S&P 500 index poised for its second straight
weekly drop, after a strong monthly jobs report fueled
expectations for an interest rate hike by the Federal Reserve
this year.

U.S. nonfarm payrolls rose 295,000 last month, topping
estimates for a gain of 240,000, after a downwardly revised
239,000 increase in January. The unemployment rate fell to 5.5
percent from 5.7 percent in January.

Mar 6, 2015

Wall Street falls after strong payrolls report

NEW YORK (Reuters) – U.S. stocks retreated on Friday, with the S&P 500 index poised for its second straight weekly drop, as a strong monthly jobs report fueled expectations for an interest rate hike by the Federal Reserve this year, possibly sooner than anticipated.

U.S. nonfarm payrolls rose 295,000 last month, topping estimates for a gain of 240,000, after a downwardly revised 239,000 increase in January. The unemployment rate fell to 5.5 percent from 5.7 percent in January.

Mar 5, 2015

Wall St closes up slightly ahead of jobs report

NEW YORK, March 5 (Reuters) – U.S. stocks closed modestly
higher in light trading on Thursday as investors held back on
big bets ahead of Friday’s jobs report, which is expected to be
a big factor in influencing the timing of a Federal Reserve
interest rate hike.

Focus on the report was heightened as many investors see it
as one of the most import economic indicators due to be released
ahead of the Fed’s meeting in mid-March.

Mar 5, 2015

Wall St up slightly ahead of jobs report

NEW YORK, March 5 (Reuters) – U.S. stocks were modestly
higher on Thursday after two days of declines as investors held
back on big bets ahead of Friday’s jobs report, which is
expected to be a big factor in influencing the timing of a
Federal Reserve interest rate hike.

The S&P and the Dow hit records and the Nasdaq surpassed
5,000 at the start of the week after a strong February
performance for U.S. stocks.

Mar 5, 2015

Wall St little changed after 2-day drop, data

NEW YORK (Reuters) – U.S. stocks were little changed on Thursday, after two days of declines on the S&P 500, as economic data did little to alter expectations on the timing of an interest rate hike by the Federal Reserve.

Initial jobless claims rose to 320,000 in the latest week, above the 295,000 estimate and 313,000 in the prior week. The disappointing claims numbers come after a weaker-than-expected private payrolls report on Wednesday and ahead of Friday’s monthly employment report.

Mar 5, 2015

Wall Street down for second day after rally; healthcare gains

NEW YORK (Reuters) – U.S. stocks closed down on Wednesday for the second day in a row as investors stepped back after a recent rally ahead of jobs data due later in the week.

Healthcare stocks were the only bright spot in the market after a U.S. Supreme Court hearing and a cancer drug approval.

    • About Sinead

      "Sinead is a telecommunications industry correspondent. Her coverage area spans U.S. service providers, cellphone makers and chip makers. Before joining Reuters in 2002, she covered technology and telecoms for various trade publications."
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