Evening Market Wrap

Evening Market Wrap Wednesday, November 2, 2011, 17:01 Contents Commentary Economic News Currency Alerts Political News Stocks To Watch Commentary Stocks Close Mostly Higher Despite Mid-Day Volatility - U.S. Commentary Stocks moved mostly higher over the course of the trading day on Wednesday despite seeing some mid-day volatility amid the release of the Federal Reserve's latest statement on monetary policy. The markets regained some ground after falling sharply in the previous session. (Nov 2, 2011) Full Article Economic News U.S. Private Sector Adds 110,000 Jobs In October, Exceeding Estimates Employment in the U.S. private sector increased by a little more than expected in the month of October, according to a report released by payroll processor Automatic Data Processing (ADP) on Wednesday, with the report also showing an upward revision to the pace of job growth in September. ADP said private sector employment increased by 110,000 jobs in October following an upwardly revised increase of 116,000 jobs in September. Economists had expected employment to increase by about 100,000 jobs. (Nov 2, 2011) Full Article Currency Alerts Dollar Holds Ground As Fed Stands Pat The dollar was steady on Wednesday, after the Federal Reserve held off on further easing measures for the sluggish economy. While Ben Bernanke and company resisted a third round of quantitative easing, the central bank signaled it is prepared to offer further accommodation if the recovery fizzles. (Nov 2, 2011) Full Article Political News Poll Shows Rubio As VP Could Swing Florida To GOP - Update While Republican Senator Marco Rubio, R-Fla., has claimed that he is not interested in serving as vice president, the results of a Suffolk University/7NEWS poll suggest that he could help the GOP pick up the key swing state of Florida if he were on the ticket. (Nov 2, 2011) Full Article Obama Urges Congress To Pass Bill Boosting Investment In Infrastructure President Barack Obama continued to push a proposal to increase infrastructure spending on Wednesday, insisting that the initiative would put hundreds of thousands of construction workers back on the job rebuilding the nation's roads, rails, and runways. Speaking in front of Washington, D.C.'s Key Bridge, Obama urged Congress to pass the transportation component of his jobs bill, which would immediately invest $50 billion in the nation's transportation infrastructure. (Nov 2, 2011) Full Article Stocks To Watch Brimming With Energy... This energy company comes on our radar, after having built a solid record of production and reserve growth since its founding in 1954. The company has increased reserves in 22 out of the last 25 years (Nov 2, 2011) Full Article Home | Top Stories | Breaking News | Economic News | Forex | Politics | Featured Interviews Sent to autoforextradingpro@gmail.com | Customize your alerts | Unsubscribe Copyright © 2011 RTTNews. All rights reserved. By using this service, you agree to the Terms of Service