Investing.com – Investing.com — While stocks on U.S. equities markets rallied on Thursday to pare earlier losses, it wasn’t enough to halt a losing streak that extended to its fourth day.One day after the Dow Jones Industrial Average fell into negative territory for the year, stocks on the Dow fell slightly again on Thursday. The Dow appeared headed for another […]
By Dow Jones Business News, March 25, 2015, 02:10:00 PM EDTAAABy Anora Mahmudova and Barbara Kollmeyer, MarketWatchDurable-goods orders drop in February; Kraft, Kofex up on M&A newsNEW YORK (MarketWatch) — U.S. stocks fell on Wednesday, declining for the third straight session, as a selloff in technology and biotech stocks pushed indexes lower.The S&P 500 (SPX) lost 19.06 points, or 0.9%, […]
Markets ended its choppy session in the red yesterday as fluctuations in the value of the U.S. dollar weighed on investor sentiment. Benchmarks witnessed their third lowest trading volume this year on Monday. Meanwhile, weaker dollar boosted oil prices on Monday, which in turn had a negative impact on the transportation stocks. Moreover, decline in biotech stocks dragged down the […]
Investing.com – Investing.com — Stocks on U.S. equities markets fell slightly amid a weakening dollar, as late losses on Monday afternoon erased previous gains in morning trading.The Dow Jones Industrial Average dropped 11.61 points or 0.06% to 18,116.04, while the NASDAQ Composite index retreated from near record highs at the end of trading last week. The S&P 500 also fell […]
(AP Photo/Richard Drew)
Thanks to the removal of just one word in a monetary policy statement and a subsequent weakening in the U.S. dollar, the equity markets have rallied over the last two-and-a-half trading sessions — and the sea of green was abundant in market action on Friday. All three indices opened for trading in positive territory and only climbed […]
Benchmarks ended in the green on Wednesday after FOMC’s policy statement indicated federal funds rate would be raised only gradually. The Federal Reserve’s move to eliminate the “patient” phrase from its guidance indicated the central bank edged a step closer to its much-anticipated first rate hike since 2006. However, the Fed officials downgraded economic growth and inflation projections, signaling it […]
Traders work on the floor of the New York Stock Exchange on March 16, 2015.Many Americans believe that the economic recovery has only recently picked up steam. But one group that is widely seen as benefiting in recent years are investors in the stock market. This is a point that former Sen. James Webb, D-Va. — a potential longshot candidate […]
Stock Trading Alert: Positive Expectations Following Last Week’s Move Down – Will Downtrend Reverse?By: Paul Rejczak | Mon, Mar 16, 2015SharePrintEmailStock Trading Alert originally published on March 16, 2015, 7:16 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,090 and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook is […]
Biotech stocks have been on a tear lately, with the SPDR S&P Biotech (ETF) (NYSEARCA:XBI) outrunning the S&P 500 about 45% to 10% over the past 10 months. And momentum still is on biotechs’ side, with 57% of the XBI’s components trading above their respective 50-day moving average. For perspective, the S&P 500 only boasts 41% on that front, and […]
The bull market turned six-years-old this week, which is pretty amazing. It’s been quite a ride. In that time, the Dow Jones Industrial Average has charged ahead more than 150%, the S&P 500 180% and Nasdaq 250%. One group that has been at the forefront of this bull market is biotech stocks.Source: FlickrIn fact, the past five years have been […]
