Stocks opening higher on Wall St.; Job market remains strong

The S&P 500 and Nasdaq are up over 1 per cent shortly after the open in New York, but remain on track for a losing month with one day remaining in the worst year for stock investors since 2008.

Germany's DAX gave up 0.3 per cent to 13,887.22 and the CAC 40 in Paris lost 0.5 per cent to 6,480.47. Britain's FTSE 100 dropped 0.6 per cent to 7,452.45. The Kospi in Seoul sank 1.9 per cent to 2,236.40 after the government reported South Korea's industrial production fell 3.7 per cent from a year earlier in November, worse than forecast and a bigger drop than the 1.2 per cent decline in October. Retail sales were down 1.8 per cent from the month before.The worst year since 2008 for the S&P 500 has been winding down with little in the way of data to drive trading. But later Thursday, the U.S.

Market crash coming soon!! GCR and switch to QFS. Great times ahead.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. equity-index futures rise as tech stocks rally - BNN BloombergU.S. equity-index futures gained on Thursday as technology shares rallied on the penultimate trading day of what's been a brutal year for financial markets. Ummm...Isn't today Thursday?
Source: BNNBloomberg - 🏆 83. / 50 Read more »

These are the stocks that kept investors up at night in 2022 - BNN BloombergFor those who trod in the wrong places, the outcome has been painful. About half of a US$9.1 trillion rout in the S&P 500 Index was the doing of just six megacaps: Amazon.com Inc., Apple Inc., Alphabet Inc., Microsoft Corp., Tesla Inc. and Meta Platforms Inc., each of which erased between $632 billion and $908 billion of market value. Here’s a closer look at some of the most stunning stock wipeouts of 2022.
Source: BNNBloomberg - 🏆 83. / 50 Read more »