Benchmarks suffered their worst losses in five weeks on Thursday, dragged down by declines in small-cap stocks and Wal-Mart’s disappointing numbers. The S&P 500 slumped the most in a month and the Dow registered its biggest drop since April 10. Investors were also concerned about Euro zone’s less-than-expected first quarter GDP growth.For a look at the issues currently facing the […]
With summer just around the corner, the appeal of a cold beer on the patio becomes ever more enticing. As we move into warmer weather for many states, it seems natural to think that the consumption of beer will increase during the summer — after all, it’s a refreshing staple of the backyard barbecue or get-together on the patio.From an […]
The Dow and the S&P 500 closed at record highs for the second consecutive session on Tuesday driven by an upward revision of March’s retail sales data and encouraging small-business sentiment. However, the Nasdaq ended in negative territory after Cisco forecasted disappointing fiscal third quarter results. A new deal between Keurig Green Mountain and Coca-Cola was also welcomed by the […]
The question of the day is relatively straightforward at this time: Will we see a meaningful decline (defined as a loss of -10 percent or more) on the S&P 500 (NYSE: SPY) in the near term or not?
From the bears’ perspective, the answer is an unequivocal “yes.” Our furry friends cite the ongoing mo-mo meltdown (Social Media (NASDAQ: SOCL), Internet […]
Lately the market has done its best to convince traders that there are probably easier ways to earn money, such as by selling a kidney or by stealing the “Mona Lisa.” Over the last couple of weeks, I haven’t done much in the way of near-term projections, because I felt the market was near-term “un-projectable.” I have no […]
Stock Market Awaits the NasdaqStock-Markets / Stock Markets 2014May 10, 2014 – 10:50 PM GMTBy: Tony_Caldaro
The US markets spent the entire week in a narrow range of SPX 1860 to 1889, which occurred between 10am Wednesday and noon Thursday. The low, in fact, was hit just before FED chair […]
Benchmarks ended Thursday’s choppy session mostly lower, dragged down by late selloffs in the utilities and energy sectors. The S&P 500 and the Nasdaq closed in the red, while Dow managed to finish in the green. The late selloff eroded the day’s earlier gains that came on the back of encouraging initial claims data and dovish comments from ECB President […]
Benchmarks ended Wednesday’s trading session mostly higher following indications from Federal Reserve Chairwoman Janet Yellen that key lending rates would remain low. Market moved upwards after Russian President Vladimir Putin agreed to discuss measures to ease the Ukrainian crisis. The Dow and S&P 500 ended in the green. However, intense selling pressure in Internet stocks dragged down the Nasdaq. Separately, […]
Google FinanceStocks are sliding deeper into the red in early afternoon trading.
The Dow is now down 124 points or 0.7%. The Nasdaq is down 51 points or 1.2%.Twitter is leading the way lower with shares down 15%. The company’s lockup expires today, which means its the first day since the IPO that employees can cash in on their stock.Other stocks […]
Benchmarks finished in the green on Monday as encouraging services sector data outweighed concerns emanating from escalating Ukraine-Russia geopolitical tension. The increase in ISM Services Index also offset jitters related to weak Chinese manufacturing data. The S&P 500 and Nasdaq were also boosted by Apple’s stock closing above $600 for the first time in over a year.For a look at […]
