The Dow ended in negative territory for the second-straight day while the S&P 500 and Nasdaq managed positive closes. As expected, earnings numbers were the dominating factor behind markets’ movement and IBM’s lower-than-expected revenues dragged the blue-chip index lower. Separately, positive numbers from Norfolk Southern and TE Connectivity boosted S&P 500. The tech-laden Nasdaq hit its highest level since 2000.For […]
A surprise weaker-than-expected US jobs report left investors wary about betting big on equities; thus leading the benchmarks to end on a mixed note. While the Dow ended in the red, S&P 500 and Nasdaq managed some gains, aided by certain defensive stocks. The drop in the blue-chip index was also consistent with weekly numbers, as only the S&P 500 […]
Major indices ended flat on Thursday after investors hesitated from placing big bets ahead of the Friday’s non-farm payroll data. Non-farm payroll numbers may provide some indication about whether the Fed will announce any further cuts in its massive bond buying program during its upcoming meeting. Meanwhile, the number of Americans filing for the unemployment benefits declined in the previous […]
The Dow Jones Industrial Average (NYSEARCA:DIA) gained 1.6 percent for the Holiday-shortened week after closing fractionally lower on a low volume Friday Session. The Nasdaq 100 (NYSEARCA:QQQ) lost 0.29 percent on Friday but the Nasdaq Composite was up 1.3 percent for the week. The SP500 (NYSEARCA:SPY) climbed 1.3 percent week over week. The Santa Rally appears to be well underway and the bulls […]
Stock Market Four Day Losing Streak Ends
Stock-Markets / Stock Markets 2013Dec 17, 2013 – 06:56 AM GMTBy: PhilStockWorld
Courtesy of Doug Short: When the US stock exchange opened, world markets were a mixed bag. The Nikkei and Shanghai Composite had both closed with 1.6% losses, but the EURO STOXX 50 was up 1.7% on Markit’s strong Flash […]
Foreign investors’ growing appetite for Canadian stock is great news for the S&P/TSX Composite Index given the high correlation between foreign investment and the performance of country’s most important benchmark, says Martin Roberge, Canaccord Genuity strategist.Statistics Canada on Monday released its figures the foreign investment in Canadian securities for September. Obviously,Statistics Canada fund flow data released on Monday shows foreigners […]
