Markets ended in negative territory for second-consecutive day as intensified concern about Greece’s debt negotiations continued to hurt investor sentiment. Moreover, China’s disappointing trade data also had a negative impact on benchmarks on Monday. However, rise in oil prices limited some of the day’s losses.For a look at the issues currently facing the markets, make sure to read today’s Ahead […]
Benchmarks ended in the red on Friday after fresh concerns about Greece’s debt negotiations offset encouraging job report. Meanwhile, rise in possibility of rate hike in mid-2015 due to improving labor market conditions dented investor sentiment. However, markets ended the week in positive territory despite Friday’s losses.For a look at the issues currently facing the markets, make sure to read […]
Rise in oil prices, new deals and upbeat quarterly results helped benchmarks settle in the green on Thursday. While rise in crude oil prices fueled gains in material and energy shares, Pfizer’s plan to acquire Hospira boosted healthcare stocks. Encouraging earnings results from O’Reilly Automotive and Estée Lauder Cos also added to the bullish sentiment. Meanwhile, investors shrugged off discouraging […]
Benchmarks finished mostly lower on Wednesday after the ECB refused to accept Greek bonds as collateral for central bank loans. Meanwhile, oil prices snapped a four-session winning streak and settled in the red, hurting energy shares. The S&P 500 and the Nasdaq snapped their two day rally. However, the Dow was able to end in positive territory banking on Walt […]
Benchmarks ended Monday’s volatile trading session with solid gains after a rally in oil prices boosted energy shares. An offer from Greece’s finance minister to end the standoff with its international creditors over the country’s debt was also welcomed by investors. Monday’s solid gains came in after the S&P 500 and the Dow posted their biggest monthly loss in almost […]
Rebound in oil prices and positive earnings results helped benchmarks end in the green on Thursday. Shares of major companies including Facebook and Ford Motor gained following their solid earnings results yesterday. Meanwhile, rally in McDonald’s shares also had a positive impact on markets. Moreover, encouraging initial claims report also boosted investor sentiment.For a look at the issues currently facing […]
Benchmarks ended mostly in the red after gaining for four consecutive days as materials stocks finished in the negative territory. Moreover, dismal outlook from United Parcel Service had a negative impact on benchmarks. However, benchmarks ended in the green over the week for the first time in four weeks mainly due to the European Central Bank’s announcement of monetary stimulus […]
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 […]
Benchmarks ended Tuesday’s choppy trading session in the green led by gains from technology shares. Investors also remained focused on ECB’s meeting scheduled for Thursday. ECB is expected to unveil a bond-buying program in order to boost Eurozone’s economy. Investors also kept an eye on fourth-quarter earnings results of major companies including Halliburton, Baker Hughes, Johnson & Johnson, Morgan Stanley […]
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 […]
