Hot Stocks to Watch: FREE, SINO, FIO, CYT, RDC, ANR, AKS

Wall Street signInvestors are shrugging off a disappointing jobs report on the news that the Fed will keep interest rates low for the foreseeable future. New York Fed President, William Dudley, told an audience that he thinks the US economy is not yet strong enough to make a serious dent in the jobless rate.

The comes a day after another Fed official speech in which it was said that the US would fall short of meeting its maximum employment objectives. This will almost certainly get the QE rumor mill spooled back up and into overdrive.

Investors are also gearing up for Google’s earnings report after the close today.

Currently the Dow is up 142, the Nasdaq 36 and the S&P 14. [Read more...]

After Hours Trading Report for April 11

NasdaqStocks ended a five day losing streak today as positive earnings from Alcoa helped put investors’ minds at ease. The latest Fed Beige Book report also gave investors hope after showing the U.S. economy expanded at a modest to moderate pace in the past few weeks.

The major indexes all ended the day higher with the Dow up 89 points, the Nasdaq is up 25 points and the S&P 500 is up 10 points. [Read more...]

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