U.S. stocks rebounded Thursday, snapping a three-day losing streak for the Dow Jones industrial average and the Standard & Poor’s 500 index.Encouraging data on the U.S. job market and inflation helped lift the market, pushing the S&P 500 to a record high. The Dow came within 36 points of its own record. The indexes are up for the month and […]
Benchmarks were little changed on Wednesday amid discouraging retail sales numbers and rise in bond yields. While disappointing retail sales figures in April dragged the S&P 500 and the Dow into negative territory, gains in bond yields across the U.S. and Europe made investors nervous. Separately, a drop in DuPont’s shares weighed on the Dow. However, the Nasdaq bucked the […]
While the closing print on the U.S. indexes were near unchanged it was a disappointing day in the lens of a big gap up in the morning that was sold off. The S&P 500 fell 0.03% while the NASDAQ gained 0.11%. Retail sales data for April was flat, with the ex-autos figure up just 0.1 percent, below estimates of a […]
BEIJING (AP) — Major Asian stocks markets were muted Wednesday after a bond sell-off nudged Wall Street lower.KEEPING SCORE: The Shanghai Composite Index was little changed at 4,400.28 and Tokyo’s Nikkei 225 was steady at 19,615.55. Hong Kong’s Hang Seng was stable at 27,423.29. Seoul’s Kospi gained 0.7 percent to 2,112.37 and Sydney’s S&P/ASX 200 was up 0.5 percent at […]
Ethiopian Commodity Exchange headquarter in Addis AbabaEthiopia Commodity Exchange Mulls Adding Stock, Bond TradingBy William DavisonThe Ethiopia Commodity Exchange plans to broaden the range of crops it trades and wants to introduce stocks and bonds under a five-year expansion plan, Chief Executive Officer Ermias Eshetu said.The market plans to move from coffee and sesame seeds, which account for more than […]
What Happens to Gold When a Stock Market Crash OccursBy: Robert McHugh | Sun, May 10, 2015SharePrintEmailAs you probably know, I would not be surprised if the stock market crashes within the September / October 2015 time period. I believe the economic fundamentals are poor and getting worse, fast. In order to prepare, this weekend I examined how U.S. Bonds […]
Janet Yellen has a crystal ball. And she sees trouble ahead…Yellen warned the investing public yesterday that stocks and bonds look risky in this ultra-low interest rate environment.But as you’ll see, Ms. Yellen’s crystal ball is notoriously foggy…and we might even make our money by ignoring her fortunetelling…“In a conversation with Christine Lagarde, the managing director of the International Monetary […]
Benchmarks ended in the red on Tuesday, dragged down by losses in technology, biotechnology and small-cap stocks. U.S. trade deficit touched its highest level in almost six and a half years, adding to the bearish sentiment. Meanwhile, investors remained concerned over fresh troubles in Greece and kept an eye on upcoming nonfarm payrolls data to gauge the timing of a […]
While the indexes had a nice 2 day rally Fri/Mon, it was difficult to really trust it because some secondary indicators (such as the NYSE McClellan Oscillator we cite often) have been trending in the wrong way. Today was a good example of why you want those secondary indicators to be in our favor before going all in, on a […]
Markets made a strong comeback on Friday as investors added beaten down stocks to their portfolios. Moreover, General Motors and Ford posted better-than-expected U.S. auto sales numbers. Economic data was mixed. Each benchmarks gained at least 1%, limiting the weekly losses.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe […]
