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 […]
Dismal earnings numbers from Campbell Soup and a cautious profit forecast from Best Buy dragged the major indices into negative territory on Tuesday. The Dow moved away even further from the milestone level achieved on Monday. The S&P 500 incurred its first two consecutive days of losses this month. Meanwhile, Federal Reserve Chairman Ben Bernanke said the central bank will […]
The Dow and S&P 500 hit new highs on Friday, notching up their sixth consecutive week of gains riding high on Federal Reserve chair nominee Janet Yellen’s recent comments supporting the Central Bank’s stimulus program. Shares of Exxom Mobil Corp. moved higher after Warren Buffett’s Berkshire Hathaway Inc. revealed that it had acquired an additional stake worth $3.45 billion in […]
By Ben LevisohnAfter a tentative response to Janet Yellen’s opening comments to the Senate, stocks have moved higher, helped by surging homebuilders PulteHome (PHM) and Lennar (LEN).
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The S&P 500 has gained 0.3%, while the Dow Jones Industrial Average has risen 0.2%. The S&P 500 is being led higher by oil refiners–Valero Energy has gained 4.5% to $43.10 and Marathon Petroleum […]
The Dow and S&P 500 finished at record highs on Wednesday boosted by strong earnings result from Macy’s that sparked optimism about a strong holiday season. Also helping the mood were comments from Janet Yellen, ahead of her confirmation as the next Fed chairman. Yellen said there is “more work to do” to boost the economy and labor market. All […]
REUTERSA trader on the floor of the New York Stock Exchange yells a trade at the opening bell February 13 in New York. In early trading, the Dow Jones Industrial average passed the 7,000 point for the first time.See AlsoBe Prepared For Stocks To Crash 40%-55%The Sum Of All Stock Market Fears In One Epic ChartCREDIT SUISSE: We Are Experiencing […]
The U.S. employment picture is getting brighter, much brighter, according to a regular Labor market report published Friday morning. Total nonfarm payroll employment rose by 204,000 in October, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in leisure and hospitality, retail trade, professional and technical services, manufacturing, and […]
Electronic trading is easy. Log in to your account. Select the security you wish to buy or sell. Click the mouse or tap your phone, and the transaction takes place. From an investor’s perspective, it’s simple and easy. But behind the scenes, it is a complex process backed by an impressive array of technology. What was once associated with shouting […]
stocksStocks close mostly down in ‘nervous’ trading day
Kate Gibson
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