Escalating political tension between Ukraine and Russia over the Crimean region dragged the benchmarks down to their worst selloffs in about a month. Concerns that the movement of Russian troops in the Crimean region of Ukraine may lead to larger conflict saw investors moving to the safe havens. Encouraging reports on ISM Manufacturing Index, construction spending and personal income failed […]
Benchmarks closed with marginal gains on Wednesday, despite reports of a rise in new home sales. Homebuilder stocks were among the biggest gainers for the day. Lowe’s and Target’s better-than-expected earnings also somewhat improved sentiment. However, investors waited eagerly for Fed chairwoman’s Janet Yellen’s semiannual testimony speech.For a look at the issues currently facing the markets, make sure to read […]
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Printer-friendly versionGuest blog post by Kathryn Sullivan, Ph.D., Acting Undersecretary of Commerce for Oceans and Atmosphere and Acting NOAA Administrator From the surface of the sun to the depths of the ocean floor, the National Oceanic and Atmospheric Administration (NOAA), part of the Department of Commerce, works to keep citizens informed about the changing environment around them. Our vast network […]
Markets rebounded from day’s initial losses as investors overlooked weak consumer and labor data to focus on strong earnings numbers. Also lifting the mood was news that Time Warner Cable was being bought by Comcast. However, the day’s gains were kept in check as Cisco Systems’ dismal sales outlook weighed on all indices. The gains extended Nasdaq’s bullish run into […]
Start Trading Gold Now!
By: DailyForex.comGold prices rose %1.9 over the course of the week as dull economic numbers out of the United States and skepticism about the sustainability of the stock market rally increased desire for the relative safety of gold. The XAU/USD pair advanced to as high as 1271.59 after data released by the Labor Department showed that the […]
Bitcoin Center NYCAllan Stevo shouts out Bitcoin orders from a makeshift stand at the Bitcoin Center NYC.The floor of the New York Stock Exchange has been pretty quiet for years now, most of the trades having moved onto servers in New Jersey. If you want real pit action, you need not travel very far: One block up Broad Street […]
Academic researchers and corporate managers often seek experts or collaborators in a particular field to enhance their knowledge or maximize the talents of their workforce. Harnessing that data, however, can be a challenge. Researchers at Penn State’s College of Information Sciences and Technology (IST) and the Department of Computer Science and Engineering (CSE) have devised recommendation systems for expert and […]
Dismal manufacturing data from China dragged US benchmarks down to heavy losses yesterday. The Dow dipped for the third-straight day yesterday, which was also its worst session since August. None of the positive domestic corporate results could come to the markets’ rescue. Separately, initial claims rose and existing home sales came in below estimates. Financials were the biggest loser yesterday.For […]
Markets were closed on Monday for Martin Luther King Day. Also, no economic data was released. After a mixed finish last week that was dominated by corporate results, investors are bracing for another busy week with 69 S&P 500 companies scheduled to release their performances this week.For a look at the issues currently facing the markets, make sure to read […]
