Stock indexes fell again, capping a week in which the Dow Jones Industrial Average posted its steepest decline since December, driven by large share-price swings at widely followed companies issuing quarterly earnings reports.Shares of biotechnology companies led Friday’s decline, after Biogen plunged 22% on a soft sales outlook. The biotech pullback countered a 9.8% gain in Amazon.com, the latest stock-price […]
Benchmarks ended the first trading day of June with modest gains following mixed economic reports. While reports on construction spending and manufacturing were encouraging, data on consumer spending was disappointing. Investors are keeping an eye on economic data for clues on when the Federal Reserve will hike interest rates.For a look at the issues currently facing the markets, make sure […]
Benchmarks ended higher on Friday boosted by upbeat quarterly results from Amazon and Microsoft. Friday’s gains helped the S&P 500 and the Nasdaq close at record high levels. Benchmarks also ended the week on a positive note with the Nasdaq registering its biggest weekly gain since Oct 2014.For a look at the issues currently facing the markets, make sure to […]
U.S. stocks have been sputtering this year following a sixth straight year of positive performance in 2014.
But can things take a true turn for the worse? Several articles make the case for why a correction or even a bear market could be around the corner.
A few months ago, many market stories argued that stocks would be taken down by a […]
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 […]
The Dow Jones is down about 300 points pre open as the big DOW 30 stocks have disappointed. Most of the misses can be attributed to the very strong dollar.Some of the names that are down due to currency issues (strong dollar) include: PG, DDD, CAT and MMM. PFE also had issues.MSFT is down almost 10%, but not as much […]
The 4 Stocks That Steered the Market
By Paul Ausick September 3, 2014 4:01 pm EDT
September 3, 2014: Markets opened higher on Wednesday following a report — later said to be inaccurate — of a cease-fire in Ukraine. Equities have drifted lower all day. The Federal Reserve’s Beige Book was released this afternoon, weighing shares down even more, led by weakness […]
One of the easiest and simplest metrics that investors use to screen for, as well as value, stocks is the price-to-earnings ratio, better known as a stock’s price-to-earnings (P/E). Of course, on its face, a P/E is nothing more than a snapshot in time, but what if I told you it was far more complicated than that?There are several P/Es […]
However, shares of General Motors Company (GM – Analyst Report) dropped 4.5% after the company reported second quarter 2014 adjusted earnings of 58 cents per share, missing the Zacks Consensus Estimate of 78 cents per share. The auto manufacturer reported disappointing second-quarter results largely due to recall costs that chopped $1.5 billion from the company’s bottom line. Further, the company […]
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