report

Stock Market News for March 26, 2015 – Zacks Investment Research

Slump in biotech and technology stocks sent benchmarks to negative territory for third straight sessions on Wednesday. These sectors witnessed intense selling pressure as investors remained concerned that strength in the U.S. dollar will negatively impact earnings growth in upcoming quarters. However, the dollar weakened yesterday against major currencies following release of dismal durable orders data. The Nasdaq witnessed its […]

Stock Market News for March 25, 2015 – Zacks Investment Research

Improved consumer-price index failed to cheer markets as the benchmarks settled in the red for the second consecutive day. While utilities sector dragged benchmarks lower, strong housing numbers could only boost the housing stocks. Benchmarks had gained momentarily, but they gave up all their initial gains after the dollar started moving higher against the euro. Tuesday also marked the second […]

Stock Market News for March 20, 2015 – Zacks Investment Research

Benchmarks finished mostly lower on Thursday after stronger US dollar adversely affected oil and other commodity prices, dragging down energy and material stocks. The U.S dollar rebounded on Thursday after a sharp decline on Wednesday. While the S&P 500 and the Dow ended in negative territory, gains among bio-tech stocks and Facebook helped the Nasdaq close in the green.For a […]

Stock Market News for March 17, 2015 – Zacks Investment Research

A pause in the dollar rally helped benchmarks start the week on a positive note. The U.S. dollar weakened ahead of the Federal Open Market Committee’s meeting that is scheduled this week. Rally in international markets also boosted investor sentiment. Separately, gains among bio-tech stocks boosted the Nasdaq. Meanwhile, discouraging reports on manufacturing and housing failed to dent investor confidence.For […]

Stock Market News for March 12, 2015 – Zacks Investment Research

Markets extended Tuesday’s losses to end in negative territory yesterday as investors remained concerned about the possibility of a mid-year interest rate hike. Moreover, U.S. dollar continued to gain strength against euro and its other rivals. While, the S&P 500 and Dow finished at their lowest level since Feb 2, the Nasdaq declined to its lowest level since Feb 11.For […]

Stock Market News for March 11, 2015 – Zacks Investment Research

Benchmarks suffered huge losses on Tuesday as rate hike fears strengthened the U.S. dollar to a multi-year high against major currencies including the euro. Last week’s strong U.S. job numbers injected fears among investors that the Fed may raise interest rate sooner-than-expected. Moreover, stronger dollar had a negative impact on oil prices yesterday. The blue-chip index witnessed its biggest one-day […]

Stock Market News for March 09, 2015 – March 9, 2015 – Zacks.com

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 […]

Forget Gilead Sciences (GILD), Buy These Biotech Stocks Instead …

Gilead, without a doubt, has proven itself to be a leader in the biotechnology industry. The stock has had an extremely bullish pattern over the last four years, growing over 400% in stock price since March 2011. However, over the last 6 months, the stock has seen a loss of about 5%.In fact, there has been a considerable amount of […]

Stock Market News for March 04, 2015 – March 4, 2015 – Zacks.com

Dismal monthly car sales report dragged benchmarks down from their record highs in light volume trade on Tuesday. Profit taking also retreated Nasdaq from its key 5K level, a 15-year milestone. Also affecting the markets was Israeli Prime Minister Benjamin Netanyahu’s criticism of White House and Iran’s attempts of a nuclear deal.For a look at the issues currently facing the […]

Stock Market News for March 03, 2015 – March 3, 2015 – Zacks.com

Nasdaq closed above the 5000 mark for the first time since Mar 2000 boosted by a new deal in technology sector. The Dow and the S&P 500 also touched record highs as the US economy is seen to be gradually picking pace. Markets ended in the green, despite reports of slowdown in manufacturing activity and consumer spending. Meanwhile, interest cuts […]