Markets drift as Fed awaits next week signals
Stocks drifted on light news with the S&P 500 up 0.87 to 2080.15, the Dow down 2.51 to 17764.04, and the Nasdaq at 5013.87. Bond yields rose with the 10 year at 2.44 percent while crude oil topped $60. United Natural Foods slid 5 percent after missing targets and trimming full year profit guidance. Major European indexes also declined with Germany’s DAX and France’s CAC 40 lower. Gold rose to 1177.60 an ounce as silver held near 15.96.
MENTIONED IN THIS ARTICLE
New York
John Canally
LPL Financial
Federal Reserve
Fed
Standard & Poor
U.S
Treasury
United
Europe
Germany
DAX
France
Britain
Hsbc Holdings
London
Japan
U.S. Employers Plan to Grow or Maintain Staffing This Year
U.S. employers forecast a steady or higher workforce in Q3 per Manpower Outlook Survey. Of 11,000 firms, 24 percent expect expansion, 70 percent hold steady, and 4 percent anticipate layoffs. Growth areas include leisure, hospitality, and wholesale retail. manufacturing remains stable. Midwest shows 24 percent growth intent, with 3 percent layoffs offsetting gains.
MENTIONED IN THIS ARTICLE
U.S
Staffing and Professional Services Agency
Jonas Prising
1 Manpower Group
Midwest
Airlines plan new Cabin OK bags to ease overhead bin jams
At a Miami meeting of global airline CEOs the proposed Cabin OK sizes were unveiled. Airlines partner with Samsonite Delsey and Tumi though no contracts were signed yet. If luggage is better managed passengers would carry fewer bags, easing bin crowding and cutting fees.
MENTIONED IN THIS ARTICLE
Miami
Samsonite
Delsey
Tami
Robert
Mann
GM cooperates with federal probe over ignition switch recall deaths
GM chief executive Mary Barra said the company is fully cooperating with a U.S. attorney's probe into whether GM engaged in wire fraud related to the 2010 2.6 million vehicle recall. The recall linked ignition switch failures to 111 deaths. The discussion came at GM's annual shareholders meeting alongside talks with the UAW and ongoing governance votes.
MENTIONED IN THIS ARTICLE
Detroit
General Motors 1S
Mary Barra
Wall Street Journal
Pret Bharara
U.S
New York
Barra
Eric Holder
Toyota
Ota
Holder
United Automobile Workers Union
UAW
Dennis Williams
Deloitte & Touche
Also Mentioned on This Page
Wall Street
Matthew Craft
Associated Press
Sandra Cancine
Chicago Tribune
the Chronicle
Renee Ree
Ea Eee
Greg Gardner
Detroit Free Press
VEL Basf
Cea Vocabular Builders
Flourngel
ENGM
Golome
Scoop
Kidscoop.com
Ered Ee Eae
San Leavitt
Soraint
Iorecea i
Betty
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