The Twitter-24/7 Wall St. Market Rumors (1/7/2010) Unemployment

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Twitter  has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users. It raises the question of whether there is wisdom in crowds.

24/7 Wall St. will look at the Twitter posts at Reuters Biz, WSJ, Financial Times, CNN Money, MarketWatch, CNBC, and 24/7 Wall St. each day to s
ee which stocks are most frequently mentioned. It is clear that in this area of social media these tweets are a sign of which companies the Twitter universe is interested in. Together, these financial sites are followed by nearly 1,000,000 Twitter users, which makes them a sizeable sample of Wall St.’s interests. In some cases, we will publish the actual tweets from the sites

 

NYT: U.S. Added 103,000 Jobs in December; Rate at 9.4%http://nyti.ms/ehTQbQ

TIME:  Unemployment fell to 9.4 percent from 9.8 in December as the economy added 104,000 jobs:http://theatln.tc/hgFKd8

CNNMoney: U.S. economy added 103,000 jobs in December, while unemployment rate fell to 9.4%, the government says. $$

CNNMoney: Vegas home prices: On the skid until 2032 http://bit.ly/i6PAN0

MarketWatch: U.S. nonfarm payrolls increase by 103,000 in December; jobless rate drops to 9.4%http://on.mktw.net/idvZrp

MarketWatch: Goldman ups S&P forecast for 2011 to 1,500 markhttp://on.mktw.net/gam3Bk

Yahoo! Finance: US Adds 103,000 Jobs, Unemployment Falls to 9.4%http://yhoo.it/d4OmYj

Douglas A. McIntyre

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