#MarketUpdate: Is the growing US economy going to lead to a rate hike in 2015?Stocks are mixed today, as the growing US economy appears consistent with comments by the Federal and possibly setting up a 2015 rate hike. Dow -0.02%, S&P -0.1%, Nasdaq +0.2%, R2000 0.1%On the economic front, quarterly GDP showed us that the economy picked up the pace […]
(Reuters) – U.S. stocks were a mixed bag on Tuesday, with the Dow ending lower after a handful of uninspiring earnings reports while the Nasdaq closed near a record high following a proposed biotech merger.Travelers (TRV.N), DuPont (DD.N) and IBM (IBM.N) shares weighed on the Dow Jones industrial average. DuPont reported lower sales in all of its businesses and said […]
U.S. stocks were a mixed bag on Tuesday, with the Dow ending lower after a handful of uninspiring earnings reports while the Nasdaq closed near a record high following a proposed biotech merger.Travelers, DuPont and IBM shares weighed on the Dow Jones industrial average. DuPont reported lower sales in all of its businesses and said a strong dollar would take […]
Traders work on the floor of the New York Stock Exchange April 20, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.Travelers, DuPont and IBM shares weighed on the Dow. DuPont reported lower sales in […]
U.S. stocks dropped on Wednesday as a slump in technology and biotech shares sent the Nasdaq to its biggest decline in almost a year, while the S&P 500 fell through key support levels.The Dow Jones industrial average .DJI fell 291.34 points, or 1.62 percent, to 17,719.8, the S&P 500 .SPX lost 30.4 points, or 1.45 percent, to 2,061.1 and the […]
(Reuters) – U.S. stocks rose on Friday, pushing the Nasdaq to a 15-year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the dollar, upbeat results from Nike and further biotech gains.Recent sharp gains in the U.S. dollar .DXY have increased worries about the currency’s impact on the earnings of U.S. multinationals. S&P […]
* Energy shares lower on dollar strength, oversupply concern* Guess posts strong quarterly earnings, shares rally* Indexes: Dow off 0.6 pct, S&P off 0.5 pct, Nasdaq up 0.2 pct (Updates prices, changes comment, byline)By Rodrigo CamposNEW YORK, March 19 (Reuters) – U.S. stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, with energy and […]
The Nasdaq Composite Index has nearly doubled since the end of 2011, led by its riskiest sector: biotechnology.But biotech companies vary more than most in other industries. Some have no hopes of ever making money. And others are backed by products that are established in the marketplace and are quite profitable.The Nasdaq Biotechnology Index NBI, +0.40% has risen 227% since […]
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By AAP | 23.05.2014 11:55 PM
US stocks have opened higher after mixed earnings reports ahead of a long holiday weekend to commemorate Memorial Day.Five minutes into […]
Benchmarks ended in the red zone, dragged down by declines in momentum and bio-tech stocks. The day’s initial gains, largely a result of encouraging monthly jobs data, were eroded by the end of the trading session. The S&P 500 and Dow ended in the negative territory after reaching intraday all-time highs. Also, selling pressure in technology stocks dragged the Nasdaq […]
