Better-than-expected growth in jobs and a bounce back in commodity prices pushed stocks higher. In the week ahead, the commodities market will be in focus. Closely-watched economic numbers coming out this week include April retail sales, producer and consumer inflation figures. Investors will also keep an eye on the weekly initial jobless benefits report. The implied volatility inches higher as market fears surfaced.
Monday, May 9, 2011
Bullish sentiment fades away
Better-than-expected growth in jobs and a bounce back in commodity prices pushed stocks higher. In the week ahead, the commodities market will be in focus. Closely-watched economic numbers coming out this week include April retail sales, producer and consumer inflation figures. Investors will also keep an eye on the weekly initial jobless benefits report. The implied volatility inches higher as market fears surfaced.
