Metals in Motion
U.S. Jobs Rose by Just 120,000 in March
With the U.S. stock market closed for the Easter and Passover holidays, reaction to the Bureau of Labor Statistics’ jobs report was lackluster.
S&P Ratings Overhaul Hits Banks Hard
Standard & Poor's revamped its ratings criteria and lowered the ratings of 15 U.S. and European banks by one notch on Tuesday, leaving 20 more bank ratings unchanged and raising two by a notch apiece.
Fed Announcement Helps U.S. Stocks Rebound
U.S. stocks surged Tuesday after Federal Reserve policymakers announced that they planned to keep rates in a very low range for the next two years.
Consumer Confidence Out of Sync with U.S. Stock Gains
Bloomberg Consumer Comfort Index diverges from Dow for the first time in 20 years.