Related BZSUMMid-Day Market Update: Nike Jumps On Strong Results; SYNNEX Shares SlideMid-Morning Market Update: Markets Gain; Finish Line Beats Q1 ViewsToward the end of trading Friday, the Dow traded up 0.22 percent to 17,929.20 while the NASDAQ slipped 0.77 percent to 5,072.80. The S&P also fell, dropping 0.15 percent to 2,099.09.Leading and Lagging SectorsCyclical consumer goods & services shares rose […]
Hopes of Greece and its creditors reaching a deal later this week helped benchmarks end higher on Monday. Greece has submitted new fiscal proposals to avert a default. Separately, the Nasdaq closed at an all-time high lifted by gains in biotech stocks.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street […]
Related FDXEarnings Scheduled For June 17, 2015Jill Malandrino Details What To Know Ahead Of FedEx EarningsStocks End Near Highs; Perrigo Rebounds On Mylan Deal(Investor’s Business Daily)Related ORCLEarnings Scheduled For June 17, 2015Key Earnings On Deck: FedEx, Adobe & MoreThe Vetr community has downgraded $ORCL to 3-Stars(Vetr)Some of the stocks that may grab investor focus today are:Wall Street expects FedEx Corporation […]
Benchmarks ended the last trading day of the week in the red following a deadlock between Greece and its creditors over the country’s bailout program. Positive consumer sentiment data also raised anxiety about a possible hike in interest rates sooner than later. For the week, the S&P 500 and the Dow ended in the green, while the Nasdaq finished in […]
Today is a relatively interesting day for the biotech world; and looking at the stocks in the space, there are several possibly profitable opportunities starting to emerge. With that said, today we’re going to look at the 4 different biotech stocks that I think are presenting the largest opportunities at the moment. Here’s what I see…Aoxing Pharmaceutical Company Stock Is […]
Benchmarks ended in the red on Thursday as a decline in jobless claims raised concerns about rate hike sooner than later. Meanwhile, IMF urged Fed not to hike rates until next year provided there is a clear indication of a pick up in wages and inflation rate. IMF also trimmed growth forecast on U.S economy, which added to investor concern. […]
Benchmarks ended with modest gains on Wednesday, banking on positive economic reports and hopes of an imminent deal between Greece and its creditors. While private sector hiring picked up in May, trade deficit narrowed last month. European Central Bank’s commitment toward its bond buying program also lifted investor sentiment.For a look at the issues currently facing the markets, make sure […]
“The watch-out level of the week is placed at 8270, stands convincingly violated, without much effort. The next support in order is at 8100-8080, which corresponds to the closing low of May 2015,” GEPL Capital said in a report.”Upside resistance overhangs are established now at 8270, 8333 (200 DMA simple), 8422 (50 simple DMA) & 8550(100 simple DMA),” he adds.
Benchmarks ended the last trading day of the week in the red following Janet Yellen’s comments that it would be appropriate to raise interest rates sometime this year. Yellen said the economy is well positioned to grow even if weak economic data had indicated the economy was not on a solid footing. Meanwhile, an increase in consumer price index raised […]
Benchmarks ended higher on Monday after dismal housing report pushed back the possibility of rate hike in near term. Fed Chicago President Charles Evans also recommended that the Fed should hold back from hiking interest rates until 2016. Gains in Apple’s shares too boosted the broader markets. Monday’s gains helped the S&P 500 close at a record level for the […]
