employment rose to 138.46 million last month, erasing all the losses from the financial crisis and topping its prior January 2008 record of 138.37 million jobs, according to Bespoke Investment Group. So how have stocks fared in http://www.todayhotstocks.com the past after the number of jobs in the nation hit a new peak? In short, gains usually follow, but the size of the returns tend to be a tad below the historical stock market averages, an analysis by Bespoke found. Since 1945, there have been 12 times when U.S. non-farm payrolls went a year or longer without hitting a new high.
Asia stocks rise on brightening U.S. economic prospects – Yahoo News
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HEARD ON THE STREET: Draghi Sparks Utility Stocks – WSJ
SPLITS ARE FALLING OUT OF FASHION Stock splits once seemed reflexive whenever a company’s share price neared $100. In recent years, though, splits have dwindled as companies became more comfortable allowing their stocks to trade for hundreds of dollars. Even though the overall stock market has been soaring, only 57 splits have been completed since 2009 among companies in the Standard Poor’s 500. That compares with 375 splits from 1997 through 2000, a period that coincided with the dot-com boom.
5 Things to Know About Apple’s Stock Split – ABC News
government reported more healthy job growth in May. The Standard & Poor’s 500 index notched its eighth record high in the last 10 trading days. Post to Facebook Stocks move higher as US jobs grow at healthy clip Stocks are closing higher after the U.S. government reported more healthy job growth in May.
Stocks move higher as US jobs grow at healthy clip
ET A guy called Mario helping the Italians isn’t the most startling proposition. But this one, Mr. Draghi who runs the European Central Bank, is also helping the Spanish, though; the Germans, not so much. This concerns utilities in particular. The ECB’s monetary-easing efforts, unveiled Thursday, should ensure that euro-zone interest rates remain…