WKYT | Lexington, Kentucky | News

Stocks mixed after jobs report, ahead of summit

NEW YORK (AP) - Stocks are wavering in a tight range ahead of an upcoming meeting of world leaders and as Europe continues to grapple with government debt problems.

The bigger-than-expected drop in unemployment claims is providing some support for the market. The weekly report comes after the government last week said that hiring by private employers rose at its fastest pace in six months.

But enthusiasm over the jobs report is being tempered ahead of a meeting of world leaders. The Group of 20 meeting comes as countries like the U.S. and Japan try to weaken their currency to help stimulate economic growth.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 107035364 - wkyt.com/a?a=107035364
Gray Television, Inc.