thinkorswim

STOCK MARKET SURGES TO ALL-TIME HIGH – Business Insider

The S&P 500 has just hit a new all-time high at 1851.55 this morning.The previous peak was on January 15, when the index hit 1850.84. After that, the market fell 6% through February 3. Since then, it has surged higher, erasing all of those losses and then some.This morning, the index is up 0.8%, trading above 1851.The chart below shows […]

Stock Market Sell-Off – Business Insider

U.S. stocks are sliding and yields are plummeting as Treasuries surge following the release of much worse than expected manufacturing survey data from the Institute of Supply Management.The headline index from the ISM report tumbled to 51.3 from December’s 56.5 reading, indicative of a sharp slowdown in American manufacturing in January. The consensus Wall Street estimate called for a much […]