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Top Stories Romney handily wins Nevada Republican caucus Republican frontrunner easily defeats Newt Gingrich in the Nevada Republican caucus, building his lead in his bid for the party’s nomination to challenge President Barack Obama in November. Russia, China veto U.N. resolution against Syria U.S. President Barack Obama calls on Syria’s president to step down accusing the regime of murdered hundreds of its own citizens on Friday. Thousands of Russians protest Putin’s candidacy Demonstrators turn out in below-freezing temperatures to protest the prime minister’s bid for another presidential term. NewsWatch: U.S. stocks follow win streak with focus on Europe Cisco, Coca-Cola, Disney and Visa are among bellwethers set to report results amid expectations for market gains to continue; resolution of Europe’s debt crisis is expected to drag on. See All Top Stories >> |
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Over the past two months, economists’ expectations turned out to be overly positive. After taking the heat for being too optimistic, the pendulum swung into the bearish camp. The expectations were suddenly too low, and that set the market up nicely for a solid technical bounce. The ISM Index on manufacturing came out on Wednesday, and raised the bar a little bit. Yesterday’s numbers were fairly close to estimates. Weekly Jobless Claims were re... full story >>