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 […]
Originally published February 28, 2014 at 6:52 AM | Page modified February 28, 2014 at 1:20 PM
NEW YORK — Stocks were mostly higher in late trading Friday as the market mostly recovered from an afternoon stumble. The Standard & Poor’s 500 index edged further into record territory, but weakness in technology stocks held back the Nasdaq composite.KEEPING SCORE: […]
Benchmarks closed with marginal gains on Wednesday, despite reports of a rise in new home sales. Homebuilder stocks were among the biggest gainers for the day. Lowe’s and Target’s better-than-expected earnings also somewhat improved sentiment. However, investors waited eagerly for Fed chairwoman’s Janet Yellen’s semiannual testimony speech.For a look at the issues currently facing the markets, make sure to read […]
BANGKOK (AP) — Subdued trading reigned in Asian stocks Wednesday after the S&P 500′s failure to punch through its recent record high for a second day instilled caution into markets.
There was little economic or corporate news for regional markets to trade on, which put Wall Street’s lack of momentum into focus.
For two straight days the S&P 500 has approached its […]
Merger and acquisition activities and a rally in health insurers took benchmarks to their record highs on Monday. A buoyant German confidence report also had a positive impact on the markets. The benchmarks ended in the green with the S&P 500 briefly reaching its all-time high. The Nasdaq ended the day at a fourteen-year high.For a look at the issues […]
George Soros, the billionaire hedge-fund manager who has broken the British pound and some Republican hearts, is betting that the U.S. stock market could break, too.Soros Fund Management had $1.3 billion wagered at the end of 2013 that the Standard & Poor’s 500-stock index would fall, the Bullion Baron blog reported last week, citing the fund’s latest regulatory filing. It […]
Benchmarks ended lower on Wednesday after minutes of the US Federal Reserve’s latest policy meeting showed policymakers may continue with the tapering process. At the same time, they also debated when to raise short term interest rates. The largest drop in housing starts in about three years also weighed on the benchmarks coupled with International Monetary Fund’s view that that […]
Benchmarks finished mixed yesterday following merger and acquisition news, disappointing corporate results and dismal economic data. While news about a business acquisition boosted investors’ confidence in markets, dismal economic data was overlooked as an outcome of the bitter winter season. However, while S&P 500 and Nasdaq settled in the green, Dow closed in negative territory following Coca Cola’s dismal results. […]
Print PDFIn this video, Bill Schmarzo, discusses the Big Data Business Model Maturity Index, a tool that helps organisations understand how well they have adopted big data and what they need to do to achieve the ultimate phase of a data-driven, information-centric organisation. He discusses five different phases that your organisation can be at from the standard traditional business monitoring […]
Investors focused on some encouraging earnings results and better-than-expected consumer sentiment gauge numbers to help drive benchmarks into the positive zone on Friday. Gains on Friday came despite a surprise drop in industrial production data. Eventually, Nasdaq soared to its best level since July 2000 and benchmarks had their best weekly run this year.For a look at the issues currently […]
