Benchmarks finished almost flat on Friday as Eurozone’s soft GDP data offset encouraging economic reports. Decline in healthcare stocks also eroded some of Friday’s gains. However, higher crude oil prices boosted energy shares. The meager gains helped the S&P 500 extend its record high. Moreover, benchmarks managed to register weekly gains for a fourth straight week.For a look at the […]
View photo.Anyone who trades or invests in biotech stocks knows how volatile they can be, according to Adam Feuerstein.Feuerstein is a senior columnist for TheStreet.com, and he recently joined Benzinga’s #PreMarket Prep to talk about how he keeps track of what’s going on in the biotech sector.“I think the most important thing for investors in the biotech sector is just […]
Benchmarks were little changed on Tuesday as investors hardly found any reason to place big bets. The day was devoid of any major news that could move the markets significantly on either side. Trading volumes were light and the bond market was closed due to the U.S. Veterans Day holiday. However, the S&P 500 and the Dow posted modest gains […]
The Ebola virus has landed in the United States, after Thomas Eric Duncan flew from Liberia to Texas. He was released by a hospital in Dallas, despite telling hospital staff that he came from Liberia. He came in contact with up to 20 people, including 5 schoolchildren since touching down in Dallas. The CDC is monitoring these people, but I have […]
Benchmarks began September mostly in the red after a drop in crude oil prices impacted the energy sector. The day’s upbeat manufacturing data was overshadowed by the fall in crude prices. The S&P 500 lost initial gains, but was able to settle above the 2k mark.For a look at the issues currently facing the markets, make sure to read today’s […]
Benchmarks settled in the green on Friday after promising economic numbers negated overseas tensions. Encouraging economic data on consumer sentiment and Chicago-area business conditions overshadowed concerns related to the Russia-Ukraine crisis and increased terror-threat level in the United Kingdom. Friday’s gains helped the S&P 500 close at a record high. The index finished above the 2k mark for the third […]
Benchmarks ended a listless trading session nearly flat following mixed earnings reports. Investors were reluctant to bet big bucks on a day devoid of any major economic data or news. The S&P 500 was able to end above the 2K mark, but the index witnessed its lowest intra-day trading range, swinging by only 4.54 points.For a look at the issues […]
The S&P 500 ended above the 2k mark for the first time following encouraging economic data on Tuesday. Merger and acquisition news between Burger King and Tim Hortons also helped the benchmarks end higher. The Dow hit a record intraday level of 17,153.80, but shed some of the gains by the end of the day.For a look at the issues […]
Positive economic reports propelled benchmarks to record highs on Thursday. Economic data on manufacturing, existing home sales, initial claims and leading economic indicators all came in positive. The four-day rally in S&P 500 boosted it to a record close. While Nasdaq closed at its highest level since Mar 31, 2000, Dow closed at the best level since Jul 24. Investors […]
Benchmarks finished its choppy session on a mixed note yesterday after Fed minutes showed officials debated about the timing of rate hike. S&P 500 and Dow finished in the green for the third straight day after they were able to pare losses following jitters from the Fed minutes. However, Nasdaq snapped its five-session rally.For a look at the issues currently […]
