Stocks jump on better-than-expected GDP, jobs data - 也是美國的
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#1: 作者: Triangle時間: 2008-8-30 21:42

www.businessreport.com...1/?finance

NEW YORK (AP) -- Stocks extended their advance Thursday after a better-than-expected reading on the nation's economy and a drop in jobless claims. The major indexes rose about 1%, including the Dow Jones industrial average, which gained nearly 200 points.

Stocks rose as oil prices, up in early trading, reversed course.

The Commerce Department said gross domestic product rose at an annual rate of 3.3% for the April-June period, as a weaker dollar helped boost U.S. exports. That exceeded the government's initial estimate of a 1.9% increase as well as economists' forecast of a 2.7% gain.

The growth marked the economy's best performance since the third quarter of last year, when GDP rose at a 4.8% pace.

Investors closely watch GDP to determine whether the economy is picking up momentum after being pounded by housing woes and a debilitating credit crisis. The economy grew at a weak rate of 0.9% in the first quarter and actually shrank in the last three months of 2007.

Also Thursday, the Labor Department said the number of newly laid off people seeking jobless benefits fell for the third straight week. The number of claims dropped to a seasonally adjusted 425,000, down 10,000 from the previous week. That was slightly better than the 427,000 expected by analysts surveyed by Thomson/IFR.

But economists consider claims above 400,000 an indicator of a slowing economy. Companies have cut jobs every month this year as they grapple with rising energy costs and tighter credit.

"We didn't get a whole lot of new information," said Charlie Smith, chief investment officer at Fort Pitt Capital Group in Pittsburgh, referring to the reports. He noted that trading remains light ahead of the long Labor Day weekend.

"Exaggerated reactions tend to happen when you have thin trading," he said.

In early afternoon trading, the Dow rose 188.25, or 1.64%, to 11,690.76 after rising more than 115 points over the past two sessions.

Broader stock indicators also rose. The Standard & Poor's 500 index advanced 12.80, or 1%, to 1,294.46, and the Nasdaq composite index rose 21.09, or 0.89%, to 2,403.55.

Bonds fell as investors moved into stocks. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.79% from 3.77% late Wednesday. The dollar rose against other major currencies, while gold prices rose.

Investors are also watching oil prices as Tropical Storm Gustav churns toward the Gulf of Mexico on a course that could collide with oil and gas platforms. But strength in the dollar helped drive down the price of oil.

Light, sweet crude fell $2.47 to $115.68 on the New York Mercantile Exchange.

The decline in oil made energy stocks one of the few areas of weakness Thursday.

Devon Energy Corp. fell $4.83, or 4.5%, to $101.94, while Hess Corp. fell $2.40, or 2.2%, to $104.74.

In corporate news, Sears Holdings Corp. said its second-quarter profit fell 62% as weak consumer spending continues to hamper store sales. The retailer earned $65 million, or 50 cents per share, in the three-month period ended Aug. 2. That compares with $173 million, or $1.15 per share, in the year-ago period. The stock rose $3.90, or 4.5%, to $90.88.

Tiffany & Co. jumped $4.18, or 11%, to $43.79 after reporting that its second-quarter profit doubled as sales rose by double-digit percentages in Asia and Europe.

Zale Corp. forecast a fiscal 2009 profit above what Wall Street had expected, though it warned that same-store sales may decline. The specialty jeweler also reported a fiscal fourth-quarter loss as it continued reducing inventory levels. Zale rose $4, or 17%, to $27.15.

Investors have been looking to retailers' results for information not only about the companies, but about consumers' ability to spend. Several upbeat reports Wednesday from retailers helped buoy Wall Street's confidence in the economy.

Advancing issues outnumbered decliners by more than 2 to 1 on the New York Stock Exchange, where volume came to 459.2 million shares.

The Russell 2000 index of smaller companies rose 8.13, or 1.11%, to 741.08.

#2: 作者: Triangle時間: 2008-8-30 21:58

英文好的同志呢?都上哪裡去了?幫著翻譯一下啊,我不懂啥意思啊

#3: 作者: 被禁止的用戶時間: 2008-8-30 22:01

Triangle 寫道:
英文好的同志呢?都上哪裡去了?幫著翻譯一下啊,我不懂啥意思啊


承認不懂了?? 你再說聲我錯了,我就告訴你是啥意思 big_happy.gif

#4: 作者: Triangle時間: 2008-8-30 22:02

和尚打傘 寫道:
Triangle 寫道:
英文好的同志呢?都上哪裡去了?幫著翻譯一下啊,我不懂啥意思啊


承認不懂了?? 你再說聲我錯了,我就告訴你是啥意思 big_happy.gif


你不願意翻譯就幫我頂啊,會有人願意翻的,謝謝

#5: 作者: 被禁止的用戶時間: 2008-8-30 22:03

Triangle 寫道:
和尚打傘 寫道:
Triangle 寫道:
英文好的同志呢?都上哪裡去了?幫著翻譯一下啊,我不懂啥意思啊


承認不懂了?? 你再說聲我錯了,我就告訴你是啥意思 big_happy.gif


你不願意翻譯就幫我頂啊,會有人願意翻的,謝謝


那我絕對得頂你。 不頂白不頂亞。

#6: 作者: Triangle時間: 2008-8-30 22:06

咱英文太差,都是小時候不努力,你看,關鍵的時候就只好求人幫忙了不是,恨呀。

#7: 作者: 被禁止的用戶時間: 2008-8-30 22:09

Triangle 寫道:
咱英文太差,都是小時候不努力,你看,關鍵的時候就只好求人幫忙了不是,恨呀。


如果你智商沒問題,好好念書吧。如果有問題,我只能同情你了。真是不好意思,讓你現了。 big_happy.gif

#8: 作者: Triangle時間: 2008-8-30 22:09

和尚打傘 寫道:
Triangle 寫道:
咱英文太差,都是小時候不努力,你看,關鍵的時候就只好求人幫忙了不是,恨呀。


如果你智商沒問題,好好念書吧。如果有問題,我只能同情你了。真是不好意思,讓你現了。 big_happy.gif


你同情我就幫我翻譯啊,可憐我啊,不翻譯你也別同情我了,在溫哥華,英文好啥都不代表,西區好多屋主英語一竅不通,大把英語好的在街上要飯。

#9: 作者: 被禁止的用戶時間: 2008-8-30 22:13

Triangle 寫道:
和尚打傘 寫道:
Triangle 寫道:
咱英文太差,都是小時候不努力,你看,關鍵的時候就只好求人幫忙了不是,恨呀。


如果你智商沒問題,好好念書吧。如果有問題,我只能同情你了。真是不好意思,讓你現了。 big_happy.gif


你同情我就幫我翻譯啊,可憐我啊


不是跟你說了嘛,你再說聲我錯了,我就告訴你。
你在這裡求爺爺告奶奶的,我可看不起你了。

#10: 作者: Triangle時間: 2008-8-30 22:15

和尚打傘 寫道:
Triangle 寫道:
和尚打傘 寫道:
Triangle 寫道:
咱英文太差,都是小時候不努力,你看,關鍵的時候就只好求人幫忙了不是,恨呀。


如果你智商沒問題,好好念書吧。如果有問題,我只能同情你了。真是不好意思,讓你現了。 big_happy.gif


你同情我就幫我翻譯啊,可憐我啊,不翻譯你也別同情我了,在溫哥華,英文好啥都不代表,西區好多屋主英語一竅不通,大把英語好的在街上要飯。


不是跟你說了嘛,你再說聲我錯了,我就告訴你。
你在這裡求爺爺告奶奶的,我可看不起你了。


隨便,我根本無所謂,你當我是小聲音那樣的好人啊?




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