Benchmarks ended Friday’s trading session little changed following mixed economic reports. While reports on personal income and Chicago PMI numbers were positive, personal consumption expenditure dropped in April for the first time this year. The Nasdaq ended in the red due to declines in tech-bellwethers and bio-tech stocks. However, benchmarks ended in the green for the week and posted their […]
Originally published May 30, 2014 at 7:12 AM | Page modified May 31, 2014 at 3:13 AM
NEW YORK — The stock market closed out May mostly higher Friday, sending two out of the three major U.S. indexes to record highs.Trading was uneven, and indexes moved between small gains and losses for most of the day. A late push […]
Trader John Santiago, right, works on the floor of the New York Stock Exchange Friday, May 30, 2014. Two negative reports on U.S. consumers were pushing stocks lower in early trading Friday. (AP Photo/Richard Drew)NEW YORK (AP) — Stocks were mostly unchanged Friday as investors reacted to two negative economic reports that focused on U.S. consumers. Lions Gate Entertainment plunged […]
Big Data, Socio-Psychological Theory, Algorithmic Text Analysis and Predicting the Michigan Consumer Sentiment IndexIn Uncategorized on May 27, 2014 at 5:45 pm by Jorge LouçãSee on Scoop.it – Non-Equilibrium Social ScienceWe describe an exercise of using Big Data to predict the Michigan Consumer Sentiment Index, a widely used indicator of the state of confidence in the US economy. We carry […]
Benchmarks enjoyed a late-day reversal to end in the green on Friday, boosted by gains in small-cap stocks and advances in the consumer discretionary sector. Markets also received mixed economic data on Friday. While a surge in construction of new U.S. homes in April lifted investor sentiment, an unforeseen fall in consumer sentiment in May adversely affected the mood. Despite […]
Richard Saul Wurman isn’t a fan of President Barack Obama’s push for data.gov, an online repository for big data. “That’s just politicians talking,” the 79-year-old TED (technology, entertainment, design) conference founder told me. “I think there will be a pushback saying, ‘We don’t understand all this fucking data.’” The way Wurman sees it, that bulk collection of raw information has […]
Richard Saul Wurman isn’t a fan of President Barack Obama’s push for data.gov, an online repository for big data. “That’s just politicians talking,” the 79-year-old TED (technology, entertainment, design) conference founder told me. “I think there will be a pushback saying, ‘We don’t understand all this fucking data.’” The way Wurman sees it, that bulk collection of raw information has […]
Continuing their recent stop-and-go pattern of trading, U.S. stock prices fell sharply Friday, taking the major market indexes into negative territory for the week and, for many of them, for the year to date as well. The Dow declined 140 points or 0.8% Friday, matching the S&P 500′s 0.8% drop. NASDAQ, on renewed selling in internet stocks, lost 1.8% for […]
[BRIEFING.COM] The major averages spent the last session of the week in a steady retreat despite receiving a round of better than expected earnings from the technology sector. The Nasdaq lost 1.8%, widening its April decline to 2.9%, while the S&P 500 fell 0.8%, swinging to a month-to-date loss to 0.5%. The benchmark index notched a session low not far […]
Google FinanceThe markets are sliding early in the U.S. trading session.
The Dow is down 141 points (0.8%).The S&P is down 14 points (0.7%).The Nasdaq is down 64 points (1.5%).Shares of Amazon.com are weighing on the tech-heavy Nasdaq. On Thursday afternoon, the company announced quarterly financial results that were largely in line with expectations.”One factor could be that the company’s sales […]
