Morning Report 8 Dec 2014: Job growth solid in the States, helped lift DOW to record high. •US sharemarkets rose on Friday with the Dow Jones and S&P 500 at record highs in response to better-than-expected employment data. •Financials led the way, but weaker commodity prices weighed on metal and oil stocks. •ASX 200 down by 33pts at the end of trade last Friday •Weakness in the material, energy, banks, healthcare sector •Euro stoxx up by 86pts •Non-farm payrolls rose by 321,000 in November well above forecast of job gains of 230,000 •Strong US job growth in professional service retails, healthcare and manufacturing •Bank of America up by 2.73% •Gold price down US$15/ounce to US$1,192.60/ounce •Chevron down -1.26% •Australian market set for a 27pts gain at the start of trade •Australian $ at 0.8294 USC Source: https://youtube/watch?v=XQELo9HcK-I&list=PL468C060A35A7B82B Disclaimer: *Justin McMillan is an Authorized Representative of RI Advice Group Pty Limited (ABN 23 001 774 125), Australian Financial Services License 238429. This editorial does not consider your personal circumstances and is general advice only. You should not act on the information provided without first obtaining professional financial advice specific to your circumstances. The taxation information contained in this editorial is provided as a guide only and should not be relied upon. You should seek independent tax advice from a qualified tax adviser.
Posted on: Mon, 08 Dec 2014 00:47:18 +0000
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