Benchmarks ended in the red on Friday after fresh concerns about Greece’s debt negotiations offset encouraging job report. Meanwhile, rise in possibility of rate hike in mid-2015 due to improving labor market conditions dented investor sentiment. However, markets ended the week in positive territory despite Friday’s losses.For a look at the issues currently facing the markets, make sure to read […]
There may be no other industry as prone to hit-or-miss investments as biotechnology. An astounding 90% of drugs that enter phase 1 clinical trials never reach commercialization, and that means failure is far more common than success. As a result, many biotech companies research a slate of drugs in hopes of having at least one pan out. That’s not the […]
Rise in oil prices, new deals and upbeat quarterly results helped benchmarks settle in the green on Thursday. While rise in crude oil prices fueled gains in material and energy shares, Pfizer’s plan to acquire Hospira boosted healthcare stocks. Encouraging earnings results from O’Reilly Automotive and Estée Lauder Cos also added to the bullish sentiment. Meanwhile, investors shrugged off discouraging […]
Benchmarks finished mostly lower on Wednesday after the ECB refused to accept Greek bonds as collateral for central bank loans. Meanwhile, oil prices snapped a four-session winning streak and settled in the red, hurting energy shares. The S&P 500 and the Nasdaq snapped their two day rally. However, the Dow was able to end in positive territory banking on Walt […]
Benchmarks ended Monday’s volatile trading session with solid gains after a rally in oil prices boosted energy shares. An offer from Greece’s finance minister to end the standoff with its international creditors over the country’s debt was also welcomed by investors. Monday’s solid gains came in after the S&P 500 and the Dow posted their biggest monthly loss in almost […]
View gallery.This article is written by Christian Tharp, the author of 5 Star Trading.The S&P 500 hit its last all-time high back at the end of 2014, and has chopped lower since.The Nasdaq has fared a bit better over that stretch, but the index still has yet to hit a new bull market high since the end of December.Through this period […]
This article is written by Christian Tharp, the author of 5 Star Trading.The S&P 500 hit its last all-time high back at the end of 2014, and has chopped lower since.The Nasdaq has fared a bit better over that stretch, but the index still has yet to hit a new bull market high since the end of December.Through this period […]
Benchmarks ended the last trading day of January in the red after lower-than-expected fourth quarter GDP data dented investor sentiment. However, a rally in oil prices helped the energy shares to end in the green. Benchmarks posted their fourth weekly decline in last five weeks. Benchmarks also registered losses for the second consecutive month. Separately, the S&P 500 and 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 […]
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 […]
