Benchmarks ended in the red zone yesterday, once again dragged down by declines in momentum and bio-tech stocks. The bearish mood weighed on Nasdaq the most as it suffered the largest decline in two and half years. Separately, discouraging Chinese trade data unnerved investors. The day’s positive economic data on unemployment benefits failed to restrict the day’s loss.For a look […]
Benchmarks snapped a three-day losing streak and ended higher on Tuesday after bargain-hunting investors bought momentum and technology stocks. Utilities stocks also jumped after investors favored less-volatile stocks.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe Dow Jones Industrial Average (DJI) gained 0.1% to close Tuesday’s trading session at […]
Selling pressure in technology and momentum stocks dragged benchmarks down on Monday and the S&P 500 closed in the red for the year. Separately, biopharmaceutical company Pfizer weighed heavily on the Dow. The day’s economic report on consumer credit hardly influenced investors and they are now focusing on first quarter earnings reports.For a look at the issues currently facing the […]
Markets snapped two days of losses and ended higher on Friday boosted by encouraging consumer spending data. However, benchmarks lost some of their initial gains as the bio-tech stocks adversely impacted markets in late afternoon. Microsoft’s strong gains following its announcement of launching Microsoft Office on iPads propelled the Dow to end in the green.For a look at the issues […]
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The one thing we know about data in 2014 is that it will continue to grow. Terabytes are old news; now we’re hearing about petabytes, zettabytes and beyond.So how can you mine maximum value from your rapidly expanding data?• Play to your natural strengths. The human eye’s ability to quickly detect and understand patterns and anomalies is unsurpassed by technology. Combine […]
Benchmarks ended Thursday’s trading session on a mixed note. The S&P 500 and Dow ended in the green after the Central Bank of United Kingdom and the European Central Bank kept key lending rates unchanged. Investors also focused on a drop in initial claims. The slight gains helped S&P 500 to move up to another record high; the 50th instance […]
US stocks soared on Tuesday as fears of confrontation between Russia and Ukraine subsided. The S&P 500 jumped the most this year to reach a record high after Russian President Vladimir Putin said there he saw no need to use armed forces in Crimea for the moment. Following this news, investors were confident enough to invest in equities rather than […]
Benchmarks finished mostly higher on Friday following some encouraging economic numbers. While a better-than-expected consumer sentiment report and Chicago PMI reading boosted investor confidence, less-than-anticipated growth in US economy and pending home sales were overlooked as an outcome of the severe winter season. The indices not only notched weekly gains, but they also registered strong February gains.For a look at […]
