Financial news today, May 8, 2014: The Dow Jones Industrial Average jumped Wednesday after Fed Chair Janet Yellen told the Joint Economic Committee of Congress that the U.S. economy needed additional support to buffer the "considerable slack" in the labor market. Yellen also stressed risks in the housing market and rising geopolitical tensions.
This morning (Thursday), U.S. futures are flat on positive Chinese trade data and the anticipation of jobless claims.
Here's what you need to know to make your Thursday profitable:
The real skirmish in Ukraine isn't one that's being reported on by the mainstream media. In fact, it may have already ended the battle in Moscow's favor. It's the "Invisible Front," and according to Money Morning Executive Editor William Patalon III, "we Main Street Americans need to watch it carefully just to protect ourselves..."