The aluminum story doesn’t seem to be getting much better (for producers like Alcoa, anyway).MetalMiner’s monthly Aluminum MMI® registered a value of 91 in December, a decrease of 3.2 percent from 94 in November. Three-month aluminum on the London Metal Exchange experienced the biggest drop in the complex, falling yesterday to $1,746 per metric ton, the lowest level we have seen […]
Technology stocks drove the Nasdaq to a 13-year high, but the Dow and S&P 500 dropped into the red on Black Friday. Both the Dow & S&P 500 had opened higher and the latter touched an intra-day high before they both closed in negative territory during a short trading session. Technology emerged as the biggest gainers among the S&P 500 […]
Originally published November 29, 2013 at 8:33 AM | Page modified November 30, 2013 at 1:35 AM
NEW YORK — The stock market fizzled Friday at the end of a holiday-shortened trading day, but still logged its longest streak of weekly gains in a decade.The Standard & Poor’s 500 index ended down one point, or 0.1 percent, to 1,805.81. […]
Benchmarks ended on a mixed note yesterday after clinching new records over the past two trading days. Dismal housing sales data arrested whatever buoyancy was achieved from the Iran nuclear deal. At one point during the trading day, the Nasdaq had moved beyond 4K for the first time since 2000, but finally lost out on much of the day’s gains. […]
In Argentina’s stock market, investment decisions are based mainly on the behavior of the US dollar/Argentine peso exchange rate. Since 2011, Argentina’s government has introduced several measures that have made this possible.As an introductory note, Argentina’s economic history has been dominated by a preference to save money in US dollars (USD). This behavior is a consequence of the high inflation […]
Encouraging economic reports through last week helped indices post a number of records on Friday. The S&P 500 closed above 1,800 for the first time and the blue-chip index recorded its longest stretch of weekly gains in three years. The tech-laden Nasdaq also joined the party, hitting a new 13-year high. The health care sector was the biggest gainer among […]
On CNBC’s “Halftime Report,” Dwyer, whose S&P 500 year-end target was among the highest at 1,760, said he was keeping his target of 1,955 for 2014, adding that it “might be too low.” Dwyer said that few had expected stocks to rise so quickly throughout the year. (Read more: Bitcoin domination ‘a bumpy ride’: […]
marketsStocks rise; S&P 500 sets record finish above 1,800
Kate Gibson
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The Dow finally recorded its first close above the 16,000 mark yesterday driven by encouraging jobs data. The Nasdaq too finished in the green while the S&P 500 snapped its three-day losing streak. Meanwhile, annual inflation rate came in lower than the Federal Reserve’s target. President of the Federal Reserve Bank of St. Louis and a voting member of the […]
HP Restructures Big Data Analytics with Expanded Vertica Analytics PlatformCAMBRIDGE, Mass. — HP today announced enhancements to the HP Vertica Analytics Platform, enabling organizations to accelerate business value from a vastly expanded variety of data.Version 7 of the HP Vertica Analytics Platform, also called HP Vertica Crane, dramatically simplifies the exploration and analysis of semistructured and “dark” data,(1) provides enhanced […]
