The DJIA rose 2.1% the highest since July 2009. Analysts assume it’s because of the data from the Labor Department had jobless claims down to 512,000 last week the lowest results since January 2009.On top of all the good news labor costs have comprised due to lack of necessity therefore businesses may look to open the doors again for new employee hires. Wall Street Grand a leading Investment Newsletter is pleased to announce to Wall Street Grand Club Members and the Investment Community of market moving news. To learn more about the market pulse and market moving news please visit our free website at http://www.wallstreetgrand.com/ .
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Asian markets react with bullish intentions as Asian markets surged after Australia’s central bank tripled the economic growth forecast. Australia’s Macquarie Group Ltd and Westpac Banking Corp both rose by 2% plus after the strong news. This is just another sign of how the markets act and react like the changing weather on market moving news. Watch in the coming months for volatile markets with the term interest rates handled like a delicate glass frame.
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