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 […]
By: Martin BlancPublished: Jan 29, 2015 at 1:12 pm EST
Raytheon Company (NYSE:RTN) released its fourth-quarter (4QFY14) financial performance before the market opened on Thursday. Raytheon reported a beat on earning per share (EPS), but missed profit forecast estimates; following the news, the stock is down by 5.7% as of 12:45 PM EST.The company reported revenue of $6.14 billion, showing an […]
Stock market today, January 29, 2015: U.S. stock futures for Thursday, Jan. 29, forecasted a 33-point gain from yesterday’s close. The Dow Jones shed 195 points on Wednesday following a U.S. Federal Reserve statement about interest rates issued at the conclusion of the FOMC meeting.Today, investors will focus on a busy day of earnings reports that includes quarterly updates from Google Inc. (Nasdaq: GOOG, […]
MARKET SUMMARY- QE, apparently from anywhere, is all stocks want.- Earnings in need of some improvement- Stock indices pause after a strong Thursday EU QE move.- SP400 midcaps look at becoming leaders.- Good moves, more leaders showing up, now can the indices break up the toppy patterns?Friday was not a great day for the market, but it was not a […]
Originally published January 23, 2015 at 5:55 AM | Page modified January 24, 2015 at 2:28 AMNEW YORK —
A batch of mixed earnings reports Friday helped push the stock market to its first day of losses this week.Shares of tissue and diaper maker Kimberly-Clark dropped after the company’s earnings fell short of expectations and it gave a disappointing outlook. Package-delivery […]
Benchmarks ended in negative territory for the fifth-straight session on Thursday following the Swiss National Bank’s surprise move to drop its long-standing exchange rate of the Swiss franc against euro. Moreover, disappointing earnings results from Bank of America and Citigroup, and dismal economic data weighed on markets. Also, another decline in oil prices dragged down energy shares on Thursday. The […]
Benchmarks turned positive for the year on Thursday after investors welcomed firming up of oil prices and accommodative monetary policies by the Fed and ECB. Charles Evans’ comment that the Fed may not hit 2% inflation rate target until 2018 also boosted investor sentiment. The S&P 500 posted its biggest one-day percentage gain since Dec 18, 2014. The Dow also […]
Global benchmark Brent crude oil closed down nearly a dollar a barrel Friday after a day of choppy trading despite expectations of new investments in the new year, as strong mid-day rallies in crude fizzled.Brent crude was down 91 cents at $56.42 a barrel. Earlier, it touched a post-2009 low of $55.48, having averaged around $110 a barrel between 2011 […]
MARKET SUMMARY- Stocks and oil fall together. Weaker world economy? Increased supply? Does it matter?- Yearend rally is off the rails, but leaders continue holding the line, holding out the chance for a little Christmas magic.- IEA cuts its oil forecast as well.- Michigan Sentiment surges as citizens accept lower growth, lower standards of living as the new normal.- Looking […]
Defence against the economic elements? The street outside a share prices display in Tokyo on Thursday. Photograph: Kazuhiro Nogi/AFP/Getty Images
Global stock markets continued to tumble on Friday, pushing the FTSE 100 to its worst weekly fall in more than three years. Since Monday, £112bn has been wiped off the value of Britain’s leading companies.Investors headed for the exits amid growing […]
