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Economy. that could be one thing that s affecting these numbers. another thing that is certainly affecting the number today is it a dow component alcoa. they reported earnings after the closing bell that were better than expected. that stock is up 6.25%. that is giving the dow a big boost, and another thing is that the value of the dollar is falling. that means that stocks are worth a little bit more. that s another factor in there for you. also, other big news just breaking now, on the foreclosure crisis that s ongoing that we ve been talking about, bank of america, t.j., now halting foreclosures in all 50 states because of the potential paper work errors. why did they go ahead and decide to expand. bank of america and jp morgan had halted in several states up to 20-plus, but now bank of america is saying, they re ....
To government cutbacks. the private sector did add about 64,000 jobs. that s the ninth straight month we have seen the private sector at least add jobs. carter evans is keeping an eye on things in washington. how did wall street react? wall street is waffling. initially futures were lower when the report came out but analysts were saying that was a knee-jerk reaction to the 95,000 job lost numbers, and then stocks turned higher, and investors are essentially breathing a sigh of relief this wasn t worse. let s take a look at the numbers. the dow is up almost 30 points and nasdaq down 3 points. alcoa reported better than expected earnings and that s up 7% and giving the dow a boost. investors are looking into the fine print of this jobs report, specifically where the losses are and where the gains are. ....