Markets ended its choppy session in the green as continuing positive impact from the European Central Bank’s monetary stimulus announcement offset concerns following Syriza’s win in Greece. Moreover, a rally in homebuilder stocks sparked by strong earnings results from DR Horton boosted benchmarks on Monday. Meanwhile, encouraging comments from OPEC’s secretary-general helped energy sectors to register solid gains.For a look […]
Benchmarks gained for the third-straight session on speculation that ECB might provide more stimulus measures to boost the Eurozone economy. The European Central Bank’s (ECB) executive board has proposed a bond-buying program of about 50 billion euros per month in order to combat concerns over deflation in the Eurozone. ECB is expected to unveil a large-scale bond-buying program on Thursday […]
Markets were closed on Monday due to the Martin Luther King Jr. Day holiday. Investors will thus have Tuesday as the first trading day of the week, and would look forward to snap a four-week losing streak. Markets had ended in the green last Friday. But these gains, that ended a five-day losing run, could not help benchmarks close in […]
UPDATE:*SHANGHAI COMPOSITE HEADS FOR BIGGEST LOSS SINCE FEBRUARY 2007
*CHINA CSI 300 INDEX FUTURES FALL BY 10% LIMIT
* * *Who could have seen this coming?Having tried and failed once to stem the speculative frenzy in Chinese stocks, regulators took more direct action tonight and suspended three of the biggest securities firms from adding margin-finance and securities lending accounts for three months […]
NEW YORK (AP) — A surge in oil and gas companies pulled the stock market out of a five-day slump on Friday, as the price of crude swung higher.Oil prices jumped after the International Energy Agency predicted drillers would cut production this year. Exxon Mobil, Chevron and other energy companies led all 10 sectors of the Standard & Poor’s 500 […]
Originally published January 16, 2015 at 5:53 AM | Page modified January 16, 2015 at 4:46 PMNEW YORK —
A surge in oil and gas companies pulled the stock market out of a five-day slump on Friday, as the price of crude swung higher.Oil prices jumped after the International Energy Agency predicted drillers would cut production this year. Exxon Mobil, Chevron […]
Miami, FL — (ReleaseWire) — 01/14/2015 — Investing in marijuana stocks as been referred to in the past as the “green rush”, especially after Colorado and Washington became the first states to legalize recreational cannabis. Businesses with no experience in the cannabis circuit were trying to move in to make some green of their own. Savvy penny stock investors soon […]
© Carlo Allegri/Reuters A trader works on the floor of the New York Stock Exchange on the last day of trading before Christmas in the Manhattan borough of New York, December 24, 2014.U.S. stocks fluctuated, with the Standard & Poor’s 500 Index (SPX) poised for a third straight yearly gain as equity gauges climbed past multiple milestones last week.Gilead […]
With 2014 drawing to a close, biotech investors are probably wondering which stocks to stuff in their stockings for next year. While there are plenty of promising biotech stocks to choose from, we should also take note of three high-risk, low-growth biotech stocks that investors might consider avoiding: Inovio Pharmaceuticals , VIVUS , and Zogenix .Inovio Pharmaceuticals At first glance, […]
Benchmarks settled in the green for the fourth-straight session boosted by gains made by large-cap technology stocks. The S&P 500 closed at a record level for the 50th time in 2014, its highest number of record closings in a year since 1995. The Dow too posted a record close for the 35th time this year. Gains in technology shares offset […]
