Hopes of Greece and its creditors reaching a deal later this week helped benchmarks end higher on Monday. Greece has submitted new fiscal proposals to avert a default. Separately, the Nasdaq closed at an all-time high lifted by gains in biotech stocks.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street […]
Benchmarks ended Tuesday’s choppy trading session almost unchanged, with the Dow Jones Transportation Average nearing correction territory. The transportation index took a beating mostly due to a drop in airline stocks. The Nasdaq finished in negative territory dragged down by decline in biotech stocks, but the S&P 500 ended in the green boosted by gains in consumer staples and financial […]
Benchmarks ended slightly lower after a slump in utility stocks offset rise in energy shares. While high-dividend utility stocks took a beating due to rise in bond yields, energy shares gained as weaker dollar pushed oil prices higher. The euro strengthened against the dollar on upbeat Eurozone inflation data. Moreover, encouraging news on Greece’s debt crisis boosted the single currency.For […]
Benchmarks ended Monday’s trading session in the red as investors feared a stronger dollar and weaker oil prices may affect first quarter earnings results. Investors were also apprehensive about the timing of the Federal Reserve’s decision to hike federal funds rates.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe […]
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 […]
Markets ended in the red for the second consecutive day, handing the Dow and S&P 500 their worst closing levels since Feb 19. Some opined there were no real panic in the markets, nonetheless the Nasdaq was dragged away from its 5K for the second day in a row. Among the day economic numbers, the private-sector employment gains in February […]
General, 98 Up Last Year And 22 Winning Trades In A Row
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General, 98 Up Last Year And 22 Winning Trades In A Row #General
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Benchmarks dropped sharply on Monday with energy shares leading the decline due to another slump in oil prices. An increase in production of oil and strengthening of the dollar were responsible for dragging oil prices to its lowest level since 2009. Renewed political unrest in Greece that may result in a possible departure of the country from Eurozone also dampened […]
Benchmarks finished the first trading session of 2015 almost unchanged while investors received discouraging economic data. Weaker-than-expected reports on U.S. manufacturing and construction dented investor sentiment. The S&P 500 and the Nasdaq closed in negative territory, but the Dow ended its three-straight session losing streak and closed with meager gains on Friday. Meanwhile, benchmarks snapped a two-week winning streak and […]
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 […]
