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Category: FederalReserve

U.S. stock market rises after drop in jobless claims and Fed meeting; Scotland votes

September 23, 2014 Posted by Chris Wysong

In this article from the AP, the recent rise in the U.S. stock market is detailed including the announcement from the Fed that it was in no hurry to raise interest rates. Overseas markets are also examined, as well as the Scotland independence vote. U.S. stock market rises after drop in jobless claims and Fed meeting; Scotland votes By: Associated Press NEW YORK The U.S. stock market headed higher Thursday as investors received more encouraging news on the economy. The slight gains come a day after the Federal Reserve signaled that its in no rush to raise interest rates. KEEPING SCORE: As of 12:20 p.m. Eastern time, the Standard Poors 500 index was up eight points, or 0.4 percent, to 2,010. The Dow Jones industrial average rose 90 points, or 0.5 percent, to 17,247. The Nasdaq composite climbed 25 points, or 0.5 percent, to 4,586. JOBS: Fewer Americans filed first-time claims for unemployment benefits last week, according to the Labor Department. Weekly applications fell 36,000

Posted in StockMarket, FederalReserve
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