Benchmarks scored record highs yet again on Friday banking on encouraging May’s nonfarm payroll report. The S&P 500 ended at another high; the eighteenth one this year. The blue-chip index also closed at a record level for the eighth time this year. The Nasdaq too closed at a level last seen in late March. Separately, Friday’s gains helped the Russell […]
Benchmarks erased day’s initial losses and ended in the green after investors shrugged off dismal labor market data to focus on an encouraging services sector report. The S&P 500 ended at another high; the sixteenth one this year. Separately, the Nasdaq was boosted by gains in tech-bellwether Apple and bio-tech stocks.For a look at the issues currently facing the markets, […]
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Google FinanceThe stock markets opened and traded in the red earlier today, but have climbed all the way back into the green.
At its low of the day, the Dow was down by 132 points.Earlier, we learned that the ISM non-manufacturing index climbed to a six-month high of 55.2 in April.”In our mind, any reading above 55 is a good one […]
Escalating tension between Russia and Ukraine dragged the benchmarks down to the negative zone on Friday. The geopolitical tension also outweighed upbeat nonfarm payroll data, which had helped benchmarks open in the green. The S&P 500 and Dow ended in the negative territory after reaching intraday all-time highs. Despite Friday’s losses, markets were able to finish in the green for […]
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