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Philly Fed Manufacturing Index Rebounds In August For Strongest Month Since April 2022
Thursday, August 17, 2023 - 9:23am | 473Read More...Philadelphia’s manufacturing sector demonstrated a remarkable turnaround in August, as indicated by the latest report from the Philadelphia Fed Manufacturing Index. The index surged to +12, a stark contrast to July’s dismal -13.5 figure. This positive uptick not only surpassed market...
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Bank Of America's Top 10 Economic Themes Of The Week
Friday, November 21, 2014 - 2:53pm | 278Read More...As the trading week comes to an end, a group of analysts at Bank of America recapped the top 10 economic themes of the week. FOMC: Inflation on my mind. The October FOMC minutes revealed “more concern” over downside risks to growth an inflation than the actual statement itself...
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Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809Read More...U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....
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Market Wrap For December 18: Markets Flat During Day One Post Fed Taper
Thursday, December 19, 2013 - 5:47pm | 2272Read More...Major indices barely budged Thursday following yesterday's monster rally after the Fed announced it will begin tapering. Overall volume was below average which is typical in the final trading days of the year. Next week will be shortened as investors break for Christmas and a week later for new...
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Economic Numbers Better Than Expected
Thursday, July 21, 2011 - 10:03am | 61Read More...Two economic reports were just released and both were better than expected, helping to relieve fears that the economy is going into a double-dip recession. July Philadelphia Fed came in at 3.2, versus a reading of 2.0. June's Philly Fed was unrevised at -7.7. Leading Economic Indicators was also...
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Philly Fed Comes In Better Than Expected, 43.4 Versus 30.0
Thursday, March 17, 2011 - 10:01am | 83Read More...The March Philadelphia Fed Index and February leading indicators were both released, and both came in better than expected. The Philly Fed Index for March came in at 43.4, versus expectations of 30.0. The prior month came in at 35.9. Leading indicators for February came in at 0.8, versus...
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Philly Fed Blows Away Expectations
Thursday, February 17, 2011 - 11:04am | 44Read More...The February Philly Fed Index was just released and it blew away expectations. It came in at 35.9, versus expectations of a reading of 21. At last check, the Dow was down 20 points, the NASDAQ was down a point, and the S&P 500 was off 2 points.
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Philly Fed Drops
Thursday, July 15, 2010 - 10:01am | 27Read More...Philly Fed Index for July: Expected 10.0 Prior 8.0 Actual 5.1 $$ You Can't Afford Miss Out On These Money Making Trading Ideas
