U.S. stocks rallied on Friday with the S&P 500 and Dow industrials posting their biggest one-day gains in nearly three months. Investors took a strong U.S. jobs report as a further indication that the Federal Reserve will raise interest rates this month. Comments from European Central Bank President Mario Draghi, who said the bank can do more monetary stimulus if needed, also helped lift markets.
Energy stocks fell alongside oil prices, while Walt Disney Co. DIS, -shares fell today 2.98% after the media giant said in a regulatory filing that its ESPN sports network lost 3 million subscribers this year (1) and about 7 million over the last two years (1). Healthcare conglomerates continue merging at a fast pace with Pfizer and Allergan deal. Consumer confidence comes in lower than expected.
On Thursday November 19th, CEO Peter J. Creedon had the pleasure of speaking to inspiring entrepreneurs, startups and small businesses at Impact Bazaar about what keeps them up at night and how to protect their businesses and personal lives financially.
Although a lot of people love the thrill and spookiness around Halloween, it seems like some are in fact much more scared of their own finances. People are flocking to go to the haunted houses, but to financial fright on the other hand, few would get in line.