【早间财经】Feb 14th episode artwork

EPISODE · Feb 14, 2014 · 1 MIN

【早间财经】Feb 14th

from NEWSPlus Radio · host NEWSPlus Radio

Valentine's Day typically brings investors no flowers. Since 1928, the S&P 500 has been up just 40% of the time on Feb. 14, while the Dow Jones Industrial Average has advanced 43% of the time, according to research from S&P. This Valentine's Day, remember: Investing without love means never having to say you're sorry. Wall Street initially lost momentum after the Commerce Department said before the opening bell that the country's retail sales decreased 0.4 percent in January, falling short of market estimates. However, the market turned higher after U.S. business inventories came out better than expected in December, up 0.5 percent. The Dow added 0.4 percent. The S&P 500 increased 0.6 percent, The Nasdaq surged 0.94 percent. In Canada, the S&P/TSX increased 0.7 percent. Europe's benchmark stock moved lower on Thursday, breaking the longest winning streak of the year. With a busy day on the earnings front, several prominent firms helped push the pan-European benchmark lower after reporting results. Shares of BNP Paribas fell 2.6% after the French bank said it was hit by a 1.1 billion US dollars legal provision, pushing fourth-quarter profit down 76%. The U.K.'s FTSE 100 dropped 0.2% while France's CAC 40 gained 0.2% to 4,312.80, and Germany's DAX 30 climbed 0.6%.

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【早间财经】Feb 14th

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This episode was published on February 14, 2014.

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Valentine's Day typically brings investors no flowers. Since 1928, the S&P 500 has been up just 40% of the time on Feb. 14, while the Dow Jones Industrial Average has advanced 43% of the time, according to research from S&P. This Valentine's Day,...

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