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After ending the previous session mostly higher, stocks saw some further upside during trading on Thursday. With the continued upward move, the major averages ended the session at new record closing highs. The major averages finished the day firmly in positive territory. The Dow climbed 211.…

With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits fell by more than expected in the week ended January 4th. The report said initial jobless claims dropped to 214,000, a decrea…

Reflecting strong job growth across companies of all sizes, payroll processor ADP released a report on Wednesday showing private sector employment jumped by much more than anticipated in the month of December. ADP said private sector employment surged up by 202,000 jobs in December after cli…

Stocks saw notable weakness during trading on Friday, giving back some ground following the rally seen over the course of the previous session. With the drop, the major averages pulled back off yesterday's record closing highs. The major averages regained some ground after gapping open sharp…

Lowe's Cos., Inc. is set to hire more than 53,000 full-time, part-time and seasonal associates across its more than 1,700 U.S. stores this spring. The stores will begin hosting walk-in hiring events in each region to meet the seasonal spring hiring needs across the country, starting with Flo…

Stocks moved sharply higher over the course of the first trading session of 2020 on Thursday, extending the substantial upward move seen last year. With the continued advance, the major averages reached new record closing highs. The major averages saw further upside going into the close, end…

Phase I of a much-awaited U.S.-China trade deal will be signed on January 15. This was announced by President Donald Trump on the eve of the New Year. "I will be signing our very large and comprehensive Phase One Trade Deal with China on January 15," he said on Twitter. At a ceremony that wi…

U.S. holiday retail sales increased 3.4 percent from last year, with e-commerce sales hitting a record high, data released by Mastercard showed. According to Mastercard SpendingPulse, which provides insights into overall retail spending trends across all payment types, including cash and che…

Stocks moved modestly higher over the course of the trading session on Monday, extending the upward trend seen over the past several sessions. With the continued advance, the major averages once again reached new record closing highs. The major averages ended the day in positive territory bu…

A report released by the Commerce Department on Monday showed a significant increase in U.S. new home sales in the month of November. The Commerce Department said new home sales jumped by 1.3 percent to an annual rate of 719,000 after plunging by 2.7 percent to a revised rate of 710,000 in O…

After reporting a slight uptick in U.S. personal income in the previous month, the Commerce Department released a report on Friday showing a notable acceleration in the pace of income growth in the month of November. The report said personal income climbed by 0.5 percent in November after in…

A report released by the National Association of Home Builders on Monday unexpectedly showed a substantial improvement in U.S. homebuilder confidence in the month of December. The report said the NAHB/Wells Fargo Housing Market Index spiked to 76 in December from an upwardly revised 71 in No…

After months of negotiations, U.S. and Chinese officials announced Friday the two economic superpowers have reached an agreement on a phase one trade deal. The agreement includes suspending planned tariffs on Chinese goods as well as scaling back existing tariffs in exchange for Chinese stru…

Stocks have shown a strong move to the upside in morning trading on Thursday, adding to the modest gains posted in the previous session. With the advance, the major averages have reached new record intraday highs. The major averages have pulled back off their best levels in recent trading bu…

After an early move to the downside, stocks have shown a lack of direction over the course of morning trading on Tuesday. The major averages bounced off their early lows and into positive territory, but buying interest has waned since then. Currently, the major averages are holding on to mod…

Stocks moved sharply higher over the course of the trading day on Friday, extending the rebound seen over the two previous sessions. With the advance, the major averages climbed back within striking distance of last week's record highs. The major averages pulled back off their highs going in…

Preliminary data released by the University of Michigan on Friday showed a much bigger than expected improvement in U.S. consumer sentiment in the month of December. The report said the consumer sentiment index climbed to 99.2 in December from the final November reading of 96.8. Economists h…

Stocks have shown a strong move to the upside in morning trading on Friday, benefiting from the release of much better than expected jobs data. The major averages are extending the upward move seen over the two previous sessions. Currently, the major averages are hovering near their best lev…

Job growth in the U.S. showed a substantial acceleration in the month of November, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment surged up by 266,000 jobs in November after climbing by an upwardly revised 156,000…