Samantha Dewitt

In a surprise for the weekly measure, the new applications for United States employment benefits fell substantially for the week ending February 20th, although the number is still very high compared to pre-pandemic averages but may be suggesting that the economy is beginning to rebound  from the economic destruction of the winter months. Initial claims
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The past year has been great for the companies that run the natural resource mines of the world. The FTSE 350 mining index that includes major diversified mining titans such as Rio Tinto, BHP Group, Anglo American, and Glencore, have returned 46% on average to shareholders over the past year according to FactSet compared to
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Investors are eyeing up the possibility of a massive long-term infrastructure spending plan even though lawmakers in the United States are focused on short-term coronavirus relief put forth by Joe Biden’s $1.9 trillion plan. Analysts are starting to embed expectations for infrastructure spending with a 25% growth in earnings projections for companies in the machinery
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The stock market starts the week under some pressure as yields from bonds rise with the hopes of a global economic recovery is on the horizon. The hopes have been raised with the continued vaccine rollouts around the world and the $1.9 trillion stimulus package from the Biden Administration. THe yield of the benchmark 10-year
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The end of the week came out quite balanced with all three major stock markets out of New York reporting barely any fluctuation for the closing numbers. The Dow Jones closed even today, at 31,494.32. The NASDAQ closed up 0.07% to close at 13,874.46 and the S&P 500 closed down 0.19% to finish at 3,906.71.
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Applications for new United States unemployment benefits grew in the middle of February to the highest in four weeks to 861,000. This shows that Americans are still losing many jobs over a year after the beginnings of the coronavirus pandemic in the country. The initial claims field through the states rose by 13,000 to hit
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Newly installed Secretary of the Treasury Janet Yellen said on Thursday that signs of improvement in the United States economy are not a reason to shrink the Biden administrations $1.9 trillion relief plan because they believe the economy is still in a “deep hole” and many are still hurting.   In an interview Secretary Yellen
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Coming off of another record high on Wednesday the Dow Jones Industrial Average looked on while the Nasdaq and S&P 500 fell. That was led by those stocks listed on the small market capitalization net Russell 2000. It’s not the end of road for the small capitalization stocks yet however. Financial research specialists at Leuthold
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Tuesday’s trading session ended with a drop in both the Dow Jones Industrial Average and the S&P 500, which resulted in breaking the longest win streak for stocks in months. However there is something itching at the back of many investors minds, is there a major correction around the corner? Even bullish investors are starting
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Based on overnight activity in the markets it’s going to be very difficult to have another record setting day on the stock market after futures fell and oil price growth sent equities rising yesterday. Even though momentum has slowed a little the market has been fairly impenetrable from outside forces on it’s climb to even
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For the month of January the American economy saw wage growth of only 49,000 jobs. While this did decrease the unemployment rate the economy is struggling to make major progress after the coronavirus layoffs that started at the end of 2020. This report will add fuel to the Democratic push as the United States Senate
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