I’ll post the daily Stock Market Report and Stock Market Analysis after the close. Here’s some news…
JOBLESS CLAIMS (Fox Business)
The number of Americans filing new claims for
unemployment benefits rose a bit more than expected last week…Initial claims
for state unemployment benefits increased 4,000 to a seasonally adjusted
302,000 for the week ended Aug. 30, the Labor Department said on Thursday.
Claims for the prior week were unrevised…The jobless claims report showed the
number of people still receiving benefits after an initial week of aid fell
64,0000 to 2.46 million in the week ended Aug. 23. That was the lowest level
since June 2007.” Story at…http://www.foxbusiness.com/economy-policy/2014/09/04/weekly-jobless-claims-rise-more-than-expected/
ISM SERVICES AT NEW HIGHS (Fortune)
“The Institute for Supply Management’s non-manufacturing
survey has hit its highest
reading ever, climbing as respondents indicated either improving
market conditions or stabilization that has positively affected many of their
industries and businesses. The non-manufacturing survey, which measures the
vast service sector, registered a 58.7% in July…" Story at...http://fortune.com/2014/08/05/ism-services-index/
ADP National Employment Report (ADP)
“The U.S. private sector added 176,000 jobs in August, as
companies of all sizes expanded their payrolls over the previous month. The
August job gains are in line with the monthly average over the last 12 months.”
– Carlos A. Rodriguez, president and chief executive officer of ADP. Story at…http://www.adpemploymentreport.com/2013/august/NER/NER-august-2013.aspx#sthash.9O3V8OFM.dpuf
http://www.adpemploymentreport.com/2013/august/NER/NER-august-2013.aspx
