LOS ANGELES (MarketWatch) — About 10 hours ahead of the start of U.S. stock trading in New York, share-index futures were implying a moderately higher open for the Wednesday session. Futures for the S&P 500 SPX, +1.26% Dow Jones Industrial Average DJIA, +1.47% and Nasdaq 100 all pointed to a 0.3% gain at the start of trade. While the futures […]
Benchmarks ended in negative territory on Friday as upbeat nonfarm payroll data reignited fears about sooner-than-expected interest rate hike. Meanwhile, the unemployment rate declined to six and a half year low in February. The S&P 500 witnessed its biggest one-day decline in last two months on Friday. Moreover, benchmarks finished in the red for the second consecutive week.For a look […]
Markets ended in the red for the second consecutive day, handing the Dow and S&P 500 their worst closing levels since Feb 19. Some opined there were no real panic in the markets, nonetheless the Nasdaq was dragged away from its 5K for the second day in a row. Among the day economic numbers, the private-sector employment gains in February […]
The reflexive reaction from anyone who was there for the dotcom bubble is ‘Uh-oh.’And while anyone who says that this time its different should probably be offered some perfectly good swampland in Florida or a slightly used bridge from Manhattan to Brooklyn, the reality is that a lot of new wealth has been created. Approximately $1 trillion in new market […]
A calm trading session ended with the Dow and S&P 500 slipping into the red as another decline in oil prices affected energy shares. Though these two benchmarks eased off their record highs, the indices were able to erode a chunk of their initial losses following a late-afternoon rally. However, a rally in Apple’s shares propelled Nasdaq to its ninth-straight […]
Is this another leg for bull stock market? Stocks indices close at a new high in week 8, 2015. Top performing industries are industrial textile, gaming activities, foreign regional banks, and biotech.This post will look into the top performing stocks, industry, and sector. The S&P 500 index has a weekly return of 0.68%. NASDAQ Composite has a weekly return of […]
The bulls were large and in charge on Tuesday as investors ignored renewed weakness in crude oil and a worsening situation in Ukraine to bid stocks higher ahead of Wednesday’s big Eurogroup meeting at which Greece’s proposal to renegotiate its bailout program will be discussed.In the end, the Dow Jones Industrial Average gained 0.8%, the S&P 500 gained 1.1%, the […]
“We have a habit of looking at crude as a barometer for global economic growth,” said Art Hogan, chief market strategist at Wunderlich Securities. Regressive analysis by his firm showed that for the last 25 years the S&P 500 has only had a 0.03 correlation with crude. That correlation has jumped to 0.7 since crude began its plunge last June.Among […]
The market was looking solid until the ECB headline on Greek debt. Biotech stocks were hit hard to start the day with disappointing earnings set the tone for the NASDAQ early on. The Dow Jones Industrial average erased early losses due to a boost from DIS after the company posted better than expected earnings. Buyers were certainly out in full […]
NEW YORK (MarketWatch) — The U.S. stocks were under pressure on Wednesday as crude-oil prices gave up part of the gains racked up over a four-day trading span, while a report on private-sector hiring disappointed.Private employers added 213,000 jobs in January, according Automatic Data Processing Inc. Economists use the number to get a feel for the official jobs report due […]
