MB Capital

Will Goldman’s Blankfein Depart by the End of the Year?: DealBook Briefing

When will wage growth pick up? It’s the unknown that torments investors every time the jobs report comes out. Maybe we can shed some light. As Friday’s jobs report showed, the economy is adding large a numbers of jobs without stoking the sort of surge in wages that makes investors worried about inflation. Investors favor […]

US economy loses jobs for first time in seven years

Non-farm payrolls declined by 33,000 in the month, against expectations of 90,000 new job The US economy experienced a shock fall in jobs in September, the first monthly decline since 2010 Average earning were recorded as growing at an annual pace of 2.9 per cent, up from 2.7 per cent previously, and higher than the […]

US STOCKS-Wall Street opens lower after jobs report shocker

* September jobs fell by 33,000 due to hurricanes * Tech stocks weigh most on S&P, Nasdaq * Indexes down: Dow 0.12 pct, S&P 0.18 pct, Nasdaq 0.21 pct (Updates to open) Oct 6 (Reuters) – Wall Street opened lower on Friday after a report showed U.S. employment fell in September for the first time […]

Surge in hiring boosts odds on December rate rise

Stronger jobs figures than had been widely expected and renewed talk from the White House about a tax break for overseas corporate profits pushed the Dow Jones industrial average to a new high yesterday. US unemployment fell to a 16-year low in July as hiring surged ahead of expectations, the Department of Labor’s employment report […]

Open: Nasdaq flat but Dow and S&P advance after buoyant jobs report

The Dow Jones headed to another new high in early deals as investors were reassured by July’s jobs report. The Dow Jones was up 9 at 22,035 after closing at a record high yesterday. The S&P 500 was up a couple of points at 2,474 but the tech-heavy Nasdaq Composite was flat. The non-farm payrolls […]

Dow hits record high after US jobs report beats forecasts – as it happened

America’s economy has beaten expectations by creating 209,000 new jobs in July. An upbeat Non-Farm Payroll report also showed the jobless rate has fallen to 4.3%, while annual wage growth remained at 2.5%. The labor force participation rate picked up too. Many of the new jobs were low-paid, though, while manufacturing continued to shrink as […]

Late surge pushes indexes to new highs

International Business Machines Corp (NYSE:IBM) shares were down 2.6%, dragging the Dow Jones average – down 5 at 20,946 – into the red with it, after legendary investor Warren Buffett revealed on Thursday he had sold around a third of his stake in the computing leviathan. While the Dow was down, the S&P 500 was […]

Dip into Royal Dutch Shell at these levels

Royal Dutch Shell has pulled back from its January high of 2400 and offers an attractive entry level says Marcus Bullus trading director at MB Capital. Shell is a FTSE 100 stalwart and also one of the UK’s top dividend paying stocks keeping it in demand for investors seeking an income. Fourth quarter 2016 CCS earnings […]

US economic news falls to dip stage on roller-coaster ride

Ten days ago, the news on the US economy was quite spectacularly good. The latest data was almost as bad as the previous data was good. What is going on? It may simply be that everything is going back to normal. President Trump looks increasing like every other president – adopting a policy in Syria […]