Markets finally ended in the green for the first time this year thanks to gains in healthcare stocks and a lower trade deficit. The S&P 500’s first positive finish this year also helped it avoid the record of having the worst start to a year since 1978. Also, investors mood was somewhat lifted by the confirmation of Janet Yellen’s nomination […]
Benchmarks ended in the red once again yesterday, hurt by mixed economic numbers. The third-straight decline for S&P 500 meant this was the index’s worst start to any year in about 10 years. Service sector data indicated a slowdown, while new orders for factory goods improved. Among the sectors, technology and consumer discretionary were among the biggest laggards, while financials […]
“If Oppenheimer is right with its downgrade I take it to mean that the market is reaching the end of the period of industrial outperformance that began with the strong labor reports from the fourth quarter,” Cramer explained. That’s critical, because as Cramer explained earlier in the week, immediately following recent jobs numbers many industrial stocks […]
European stock markets have moved higher in low-volume trade, aided by upbeat Spanish unemployment figures, but gains were capped after sharp losses elsewhere following more weak data from China.In afternoon deals, London’s benchmark FTSE 100 index ended the day up 0.19 per cent at 6,730.67 points.Frankfurt’s DAX 30 rose 0.37 per cent to 9,435.15 points and the CAC 40 in […]
The year started with indices settling in the red on Thursday as investors chose to book profits. Incidentally, after the benchmarks’ record multi-year annual gains in 2013, they started a year in the red for the first time since 2008. The drop came despite a fall in initial claims number, which further underscored economic strength. Tech bellwether Apple was a […]
Stock Market News Today, Jan. 2, 2014: U.S. stocks are kicking off the New Year on a heavy note in today’s trading, with the Dow shedding more than 100 points as investors absorb fairly positive reports on jobless claims and U.S. manufacturing. The Dow Jones Industrial Average today is down 0.7% at 16,454,74, while […]
Markets ended on a high on Tuesday to seal its best yearly performance in a period extending over nearly one and a half decades. Investors were able to look beyond concerns and focus on economic growth numbers and Fed stimulus measures through this year. Benchmarks ended on new highs on many occasions through 2013 and the last day of the […]
The listless trading session on Monday came to an end almost at levels from which the benchmarks started trading. Nonetheless, the Dow’s minute gains helped it to finish at another record high. Also, the benchmarks look comfortably placed to notch record annual performance in many years. There was little activity on the economic front, which perhaps further restricted the benchmarks […]
The Dow Jones Industrial Average (NYSEARCA:DIA) gained 1.6 percent for the Holiday-shortened week after closing fractionally lower on a low volume Friday Session. The Nasdaq 100 (NYSEARCA:QQQ) lost 0.29 percent on Friday but the Nasdaq Composite was up 1.3 percent for the week. The SP500 (NYSEARCA:SPY) climbed 1.3 percent week over week. The Santa Rally appears to be well underway and the bulls […]
Stock Market News Today, Dec. 27: U.S. stocks are yet again forging higher in this post-Christmas holiday. As of 10:30 a.m., the Dow Jones Industrial Average is up 22.5 points, or 0.14%, at 16,502.38. The Standard & Poor’s 500 Index is up just 1.89 points, or 0.10%, at 1,843.91. The Nasdaq is up 2.70, or 0.06%, at […]
