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Independent voices from the The Washington Times Communities
Topic - Jim Dunigan
The stock market is rising Monday, ahead of the start of earnings season and on increasing confidence that the economy can support profit growth for U.S. companies.
Stocks edged lower on Wall Street Monday after a surprisingly weak manufacturing report heightened concern that fiscal deadlock in Washington is already hurting the economy.
Add seven swans, six geese and five golden rings to the list of Christmas gifts that cost more than they did a year ago.
"We'll be looking to see where revenue comes in," said Jim Dunigan, an executive vice president of investments at PNC.
"The ISM numbers probably took a little air out of what was some hope for better news on where the economy is going," said Jim Dunigan, executive vice president at PNC Wealth Management in Philadelphia. "We're still in the camp that this gets resolved and we don't go over the cliff, but there's a lot of angst between now and then."