Stocks Remain Mostly Negative In Mid-day Trading – U.s. Commentary – Nasdaq.com

Russian ADRs Drop as Putin Berates Opponents on Ukraine – Bloomberg

Friday morning, the Labor Department is scheduled to release its more closely watched monthly jobs report for November. Economists expect the report to show an increase of about 230,000 jobs in November, while the unemployment rate is expected to hold steady at 5.8 percent. Sector News Railroad stocks continue to see substantial weakness in mid-day trading, with the Dow Jones Railroads Index down by 1.7 percent. The index has seen considerable volatility over the past few sessions after reaching a record high last week.
Source: http://www.nasdaq.com/article/stocks-remain-mostly-negative-in-midday-trading–us-commentary-20141204-00759

U.S. Stocks Drop on ECB Stimulus Plans as Energy Slumps

Airlines have also benefited from the good economy and falling energy prices. On the flip side, our proprietary researchLAB market scanner shows weakness in oil and gas producers, along with the companies that serve them. Buyers have also returned to Europe amid signs of economic recovery. Data from Germany today showed factory orders rising much more than expected in October, validating central bank chief Mario Draghi’s decision yesterday not to rush forward with monetary stimulus. The calendar slows considerably going forward, with no major event until retail sales next Thursday.
Source: http://www.nasdaq.com/article/stocks-inch-higher-before-payrolls-cm420056

Stocks little changed after payroll report – NASDAQ.com

5 truce and said Russia is forcing its own citizens to pay a steep economic and human price, a State Department Official said in an e-mailed statement. Kerry and Russian Foreign Minister Sergei Lavrov discussed efforts to negotiate a Ukrainian cease-fire in Basel , Switzerland yesterday. The conflict has killed more than 4,300 people and displaced 500,000 this year, and the truce has been broken almost daily. Handing the best stock buys today olive branch to the West in the current circumstances would be viewed by Putins supporters as a sign of weakness, Aleksei Belkin, who helps manage about $4 billion at Moscow-based Kapital Asset Management LLC, said by phone yesterday.
Source: http://www.bloomberg.com/news/2014-12-04/russian-stocks-drop-in-u-s-as-putin-chides-opponents-on-ukraine.html

The bounce back has been in part due to slightly better economic trends in Europe. We had fears in the market of a possible recession in Germany and they avoided recession so the euro zone looks better.” German factory orders, adjusted for seasonal swings and inflation, climbed 2.5 percent after a revised increase of 1.1 percent in September, data from the Economy Ministry in Berlin showed today. Economists had predicted a 0.5 percent increase. U.S.
Source: http://finance.yahoo.com/news/european-stocks-climb-amid-ecb-135703696.html

European Stocks Climb Amid ECB Stimulus Bets, German, U.S. Data – Yahoo Finance

Until you see some kind of QE stimulus from Europe, whatever he says about it isnt going to matter too much. Everyone will be focused on the strength of the jobs number. Bill Gross said the creation of more debt by policy makers worldwide to solve the credit crisis will be judged by future generations much like smoking in public or discrimination against gays is viewed by people today. Economic Data Gross, who left Pacific Investment Management Co. in September to join Janus Capital Group Inc., recommended in an investment outlook that investors put money into higher-quality assets and reduce the duration of their holdings.
Source: http://www.msn.com/en-us/money/topstocks/us-stocks-erase-loss-as-ecb-said-considering-stimulus/ar-BBgjRXN?srcref=rss

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