The S&P 500 has just fallen into negative territory after spending most of the day up nicely.Meanwhile, U.S. Treasuries are quickly regaining much of the ground lost earlier this morning, when risk sentiment was more in vogue.Some of the jitters may be on account of reports that Russia has sent troops into Ukraine’s Crimea region, but it appears that weakness […]
Better-than-expected economic data in the United States this morning have lifted stocks to new all-time highs as Treasuries slide, sending yields racing higher.The S&P 500 index is trading up 0.5% at 1862, a new intraday record high. 10-year U.S. Treasury futures, meanwhile, are 0.4% lower, and the yield on the 10-year note is 2.69%, 5 basis points below Thursday’s close.ISM-Chicago’s […]
2013 has come to an end and what a year it was. With that said, what an unpredictable year 2014 is shaping up to be as well. Since the market bottom in the spring of 2009 the prevailing theme in the financial markets could be aptly described with the saying, “a rising tide lifts all boats.” An improving and stable […]
NEW YORK – The U.S. stock market had its worst day in more than seven months, and the Dow Jones industrial average plunged more than 320 points, as reports of sluggish U.S. growth added to worries about the global economy.The Dow fell 326.05 points, or 2.08 percent, to close at 15,372.80 Monday. The index fell as much as 342 points […]
Stocks are rallying following the release of a solid initial estimate of fourth-quarter U.S. GDP this morning, and appetite for risk appears to be making a momentary comeback.The S&P 500 is trading 1.3% higher at 1796. Gold futures, meanwhile, are down 1.5%, trading near $1243 an ounce, and 10-year U.S. Treasury futures are down 0.3%, while the yield on the […]
Markets took a brief hit following the release of worse-than-expected December durable goods orders data at 8:30 AM, but stocks have come storming back, and the S&P 500 is now up 0.6%, trading at 1792.In addition to durable goods data:The S&P Case/Shiller Home Price Index rose more than expected in November (0.88% actual, 0.80% expected, 1.05% previous)
The Conference Board’s Consumer […]
Following another holiday-shortened trading week, Wall Street started off the New Year on a sour note. U.S. equity markets did, however, manage to close out the year with broad gains; the Dow Jones Industrial Average logged in its biggest annual rally in 18 years, while the S&P 500 rose 30% in 2013 – its best year since 1997. This week, […]
As the stock market is sitting on top of gains better than any year since 1997, and as December keeps looking up and up, strategists remain optimistic for 2014. Still, a serious question needs to be addressed here going into year-end. Have the stock market gains in November and December already eaten up much of the gains that investors were […]
Originally published December 27, 2013 at 6:21 AM | Page modified December 28, 2013 at 1:56 AM
NEW YORK — Wall Street’s six-day rally stalled out on Friday as stocks ended the day mostly flat in quiet trading.Bond yields continued to rise. The yield on the 10-year Treasury note climbed above the 3 percent mark. The yield hasn’t consistently […]
Wikimedia CommonsStocks are having a rough go of it in North American trading today.
The S&P 500 is down 0.5%, trading near 1773, while the Dow Jones Industrial Average is down 0.8%, trading near 15,710. Both are at their lows of the day.Barring an afternoon comeback, this will be the third day in a row that stocks close in the red, […]
