Today – Monday January 13th, 2014
- U.S. stocks decline as weak jobs (74,000) report in December shook investors. Disappointing jobs report gave investors a reality check and a pessimistic outlook as they went into the new year with high hopes.
- Stocks also extended declines after Federal Reserve Bank of Atlanta President Dennis Lockhart said the U.S. economy is on “solid footing” and he would support continued cuts to stimulus.
- Earnings week for 4Q results has started and tomorrow retails sales report will be released.
Categories: Capital Markets