Investors Eagerly Await September's Jobs Report
U.S. stocks end the day mixed following selloffs in Asia in Europe. The continued unrest in Hong Kong, the spreading of the Ebola virus, and fears over the slowing global economic growth continue to drive down financial markets. Investors are eagerly waiting for the Fed's decision regarding interest rates, and tomorrow's jobs report will help show when the Fed will be expected to raise the interest rates. The next three monthly jobs reports are critical to the Federal Reserve since the Fed will not raise the interest rates without seeing a real steady improvement in job creation.
Word on the Street
- U.S. unemployment unexpectedly falls to 287,000.
- Fed will examine Friday's jobs report closely.
- Is a 10% price correction a good thing for Wall Street?
- Warren Buffett & Berkshire Hathaway acquire Van Tuyl Group.
- 7 of the most searched stocks in September.
- Tesla Motors (TSLA) to unveil mysterious "D" on October 9th.
Published on Oct 2, 2014By InvestorGuide Staff