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 […]
Just to confirm reality for a second…
Yesterday: Yellen sees global turmoil if no Greece deal.
Today: Greece deal falls apart, ECB hints at bank runs; -> stocks hit record
Confused? Don’t be… Only one clip seems appropriate for a day like this…As long as you ignore Greek contagion, economic downgrades, weak earnings, and that general sense that none of this makes any […]
Benchmarks ended Wednesday’s choppy trading session slightly higher after Fed officials said the economy is ready for a rate hike this year. Meanwhile, Janet Yellen emphasized that the timing of a rate hike isn’t important; instead the focus should be on the pace and trajectory of rate hikes.For a look at the issues currently facing the markets, make sure to […]
“Bright” Lamp Understands Stock MarketTechnologyMail
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The Aspiration Lamp, designed by students at the Copenhagen Institute of Interaction Design, invests for its ownerJason Brick16 june 2015
Technology
The Aspirational Lamp is a solar-powered lamp that invests in the stock market for its owner. The lamp will invest on its own, browsing the market for the proper investments while checking for times to buy and sell. […]
TOKYO (AP) — Asian stocks markets sagged Tuesday as global jitters mounted over whether Greece and its creditors can reach a bailout agreement.KEEPING SCORE: Japan’s Nikkei 225 dipped 0.6 percent to 20,260.00 and South Korea’s Kospi lost 1.2 percent to 2,017.05. Hong Kong’s Hang Seng fell 0.5 percent to 26,738.76. Other Asian benchmarks, including Taiwan and Singapore, were also lower.GREECE […]
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 […]
Greek Prime Minister Alexis Tsipras arrives at his office in Maximos Mansion for a governmental council meeting. Photograph: Alkis Konstantinidis/Reuters
Time for a recap, as we await Mario Draghi’s appearance at the European Parliament this afternoon.The Greek government and the European Commission have blamed each other for the collapse of negotiations over its bailout programme last night, amid rising concern […]
The second-best performing sector in the S&P 500, financials advanced with the continued rally in yields as the sector is expected to benefit from higher interest rates. The S&P Regional Banking ETF (KRE) gained 1.08 percent. The SPDR S&P Bank ETF (KBE) hit its highest level since October 2008.PNC Financial, Capital One, BB&T, Zions Bancorp, People’s United Financial and KeyCorp […]
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 slightly lower after a slump in utility stocks offset rise in energy shares. While high-dividend utility stocks took a beating due to rise in bond yields, energy shares gained as weaker dollar pushed oil prices higher. The euro strengthened against the dollar on upbeat Eurozone inflation data. Moreover, encouraging news on Greece’s debt crisis boosted the single currency.For […]
