Benchmarks rebounded on Tuesday after registering losses in the last two sessions as easing concerns about Greece’s debt negotiations boosted investor confidence. Moreover, encouraging earnings results from Coca-Cola and impressive performance of Apple also helped markets post solid gains. However, slump in oil prices eroded some of the day’s gains. The S&P 500 reached its highest level in 2015 till […]
Benchmarks ended in the green for the second-straight session on Tuesday, banking on gains among energy shares. A rally in oil prices helped energy shares settle in the green. Meanwhile, upbeat monthly U.S. auto sales report along with possibility of a new deal between Office Depot and Staples boosted investor sentiment. Encouraging news emanating from Greece also added to the […]
Benchmarks eroded initial gains to end in the red as another decline in oil prices offset the positive impact of Apple’s record earnings results and the Fed’s encouraging view on economy and labor market. After concluding its two-day meeting on Wednesday, the Federal Open Market Committee (FOMC) provided a positive picture regarding economic growth and labor market, and also maintained […]
Disappointing earnings results dragged down benchmarks on Tuesday to their biggest one-day losses in three weeks. Major market movers including Microsoft and Caterpillar reported dismal earnings reports that dented investor sentiment yesterday. Moreover, discouraging durable order report also had a negative impact on the markets.For a look at the issues currently facing the markets, make sure to read today’s Ahead […]
Markets ended its choppy session in the green as continuing positive impact from the European Central Bank’s monetary stimulus announcement offset concerns following Syriza’s win in Greece. Moreover, a rally in homebuilder stocks sparked by strong earnings results from DR Horton boosted benchmarks on Monday. Meanwhile, encouraging comments from OPEC’s secretary-general helped energy sectors to register solid gains.For a look […]
Benchmarks ended mostly in the red after gaining for four consecutive days as materials stocks finished in the negative territory. Moreover, dismal outlook from United Parcel Service had a negative impact on benchmarks. However, benchmarks ended in the green over the week for the first time in four weeks mainly due to the European Central Bank’s announcement of monetary stimulus […]
Shares of brokerage firm – E*TRADE Financial Corporation (ETFC – Analyst Report) rose 4.24% in after hours trade following the release of its impressive fourth-quarter 2014 results on Jan 22, after the market closed. Driven by strong trading activity, E*TRADE delivered a positive earnings surprise of 13% in the quarter, marking the fourth straight quarter of earnings beat.Earnings per share […]
Markets were closed on Monday due to the Martin Luther King Jr. Day holiday. Investors will thus have Tuesday as the first trading day of the week, and would look forward to snap a four-week losing streak. Markets had ended in the green last Friday. But these gains, that ended a five-day losing run, could not help benchmarks close in […]
Benchmarks ended a five-day losing streak on Friday after energy shares recovered following a rally in oil prices. Oil prices registered their first weekly gain in last eight weeks on Friday. Meanwhile, investors remained focused on mixed economic data and corporate earnings. Investors also assessed Swiss National Bank’s surprise decision to do away with its long-standing decision of fixing the […]
Benchmarks ended in negative territory for the fifth-straight session on Thursday following the Swiss National Bank’s surprise move to drop its long-standing exchange rate of the Swiss franc against euro. Moreover, disappointing earnings results from Bank of America and Citigroup, and dismal economic data weighed on markets. Also, another decline in oil prices dragged down energy shares on Thursday. The […]
