It also provides some news as to what could impact the stock market next week:
Next week, investors face two huge reports:
* The bank stress test report. Originally scheduled for a Monday release, this report is due after Thursday's market close. It will include an aggregate picture of the health of the 19 institutions and individual results.
* The monthly report on unemployment and payroll employment. Arguably the most important economic report of any month, the government is expected to report that the U.S. unemployment rate hit 8.9%, perhaps higher, with payrolls dropping 625,000 or more.
No comments:
Post a Comment