Stocks Try To Rebound After Payrolls – Yahoo Finance

The U.S. economy added just 209,000 jobs last month, fewer than the anticipated reading of 220,000. That eased worries about interest-rate increases and caused bond yields to fall. The next big report is the Institute for Supply Management’s manufacturing index at 10 a.m. ET.
Source: http://finance.yahoo.com/news/stocks-try-rebound-payrolls-134239128.html

Why now is not the time to quit stocks

HSBC climbed 1.9 percent to 641.5 pence and Lloyds added 1.8 percent to 74.7 pence. A gauge of U.K.-listed banks advanced 1.7 percent as concern over financial stress at European banks eased following Portugal s announcement of a bailout for Banco Espirito Santo SA. Balfour Beatty added 2.8 percent to 246.5 pence. U.K. engineering firm WS Atkins Plc is competing with Canadas WSP Global Inc.
Source: http://www.bloomberg.com/news/2014-08-04/u-k-stocks-climb-from-three-week-low-as-banks-advance.html

Asian stocks boosted by US jobs data – Yahoo News

The Dow Jones industrial average fell more than 300 points on Thursday, erasing its gains for the year. The S&P 500 fell 2.7% last week, the biggest weekly decline since Jan. 2012. Now, investors are trying to determine if the sell-off was overdone, or just the beginning of a larger downturn. It’s been more than two years since the S&P 500 had a correction, typically defined as a drop of 10% or more from the most recent high.
Source: http://money.cnn.com/2014/08/02/investing/stock-market-lookahead/index.html?section=money_news_companies

Stocks tumbled last week, raising concerns about a correction – Aug. 2, 2014

Yellen’s focus on the slow recovery learn more in the U.S. employment rate suggests she too would prefer to keep monetary policy loose even if this risks asset bubbles, rather than tighten too soon and risk jeopardizing job creation. Real interest rates are likely to remain negative in the U.S. for around two years.
Source: http://www.cnbc.com/id/101890896

U.K. Stocks Climb From Three-Week Low as Banks Advance – Bloomberg

At the same time, most economists don’t think the pace of job growth is enough to cause the Federal Reserve to speed up its timetable for raising interest rates. Most still think the Fed will start raising rates to ward off inflation around mid-2015. ARGENTINA’S DEFAULT#uuid=headline: The International Swaps and Derivatives Association ruled on Friday that Argentina had defaulted on its bonds for the second time in 13 years. The ruling came in the midst of a high-profile court dispute with a handful of creditors that has complicated Argentina’s repayment plan. The default triggers payments to holders of credit insurance.
Source: http://news.yahoo.com/asian-stocks-boosted-us-jobs-030752882.html

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