abu_penny
03-09-2002, Tue 3:27 AM
هذا ما قراته لبعض المحللين ، عذرا لعدم الترجمة .
September historically is a tough month for the stock market. The Dow Jones industrials declined 32 times in the past 51 Septembers since 1950, according to the Stock Trader's Almanac 2002.
No major earnings reports are scheduled for release next week, with U.S. markets closed for the Labor Day holiday on Monday. But a positive tone could be set if the week's data on the manufacturing sector, car and truck sales, and employment shows the U.S. economy avoided a contraction in August.
Investors yanked their money out of U.S. stock mutual funds in July, with withdrawals hitting a record $52.6 billion, industry trade group Investment Company Institute said on Friday. But with the market having stabilized in August, research firms are estimating smaller outflows from stock funds
ECONOMIC DATA KEY
Wall Street will get a reading on the state of U.S. manufacturing, which makes up one-sixth of the economy, when the Institute for Supply Management releases its monthly manufacturing index on Tuesday. In July the index fell to 50.5, its lowest level since January. Analysts expect the index to come in at 51.6 for August, according to a Reuters poll
On Wednesday, August car sales and truck sales roll in. Economists polled by Reuters are expecting auto makers to report 6.2 million in car sales and 7.9 million in truck sales
"Auto sales give you a sense of what consumer spending did,"
Economists watch consumer spending closely because it makes up two-thirds of economic activity. In recent months, consumers have continued to spend freely, with robust July auto sales and new home sales hitting a record
August unemployment figures will be released on Friday
The health of the labor market is critical input into the whole issue of consumer spending," said Bruce Simon, chief investment officer of Glenmede Trust Co. which manages $14 billion in assets. "That is one of the key factors in support of the modest rebound we're experiencing."
In July, a scant 6,000 new jobs were generated as firms kept a tight rein on hiring. While the unemployment rate was unchanged in July from the June level of 5.9 percent, the gain in the number of jobs was far below economists' expectations
For August, economists are expecting the unemployment rate unchanged and for 37,000 new jobs to be created
والله اعلم
September historically is a tough month for the stock market. The Dow Jones industrials declined 32 times in the past 51 Septembers since 1950, according to the Stock Trader's Almanac 2002.
No major earnings reports are scheduled for release next week, with U.S. markets closed for the Labor Day holiday on Monday. But a positive tone could be set if the week's data on the manufacturing sector, car and truck sales, and employment shows the U.S. economy avoided a contraction in August.
Investors yanked their money out of U.S. stock mutual funds in July, with withdrawals hitting a record $52.6 billion, industry trade group Investment Company Institute said on Friday. But with the market having stabilized in August, research firms are estimating smaller outflows from stock funds
ECONOMIC DATA KEY
Wall Street will get a reading on the state of U.S. manufacturing, which makes up one-sixth of the economy, when the Institute for Supply Management releases its monthly manufacturing index on Tuesday. In July the index fell to 50.5, its lowest level since January. Analysts expect the index to come in at 51.6 for August, according to a Reuters poll
On Wednesday, August car sales and truck sales roll in. Economists polled by Reuters are expecting auto makers to report 6.2 million in car sales and 7.9 million in truck sales
"Auto sales give you a sense of what consumer spending did,"
Economists watch consumer spending closely because it makes up two-thirds of economic activity. In recent months, consumers have continued to spend freely, with robust July auto sales and new home sales hitting a record
August unemployment figures will be released on Friday
The health of the labor market is critical input into the whole issue of consumer spending," said Bruce Simon, chief investment officer of Glenmede Trust Co. which manages $14 billion in assets. "That is one of the key factors in support of the modest rebound we're experiencing."
In July, a scant 6,000 new jobs were generated as firms kept a tight rein on hiring. While the unemployment rate was unchanged in July from the June level of 5.9 percent, the gain in the number of jobs was far below economists' expectations
For August, economists are expecting the unemployment rate unchanged and for 37,000 new jobs to be created
والله اعلم