Benchmarks ended Tuesday’s trading session on a mixed note as investors remained concerned about the global economy and political turmoil in Greece. People’s Bank of China’s move to tighten rules on loans and unexpected declaration of presidential elections in Greece dented investor sentiment. However, the S&P 500 and Dow erased much of the initial losses, banking on a rally in […]
Benchmarks ended in the green as healthcare and energy shares rallied on Tuesday to post solid gains. Moreover, merger and acquisition news involving Japan based Otsuka Pharmaceuticals and Avanir Pharmaceuticals, and Cypress Semiconductor and Spansion Inc. also boosted investor confidence. Additionally, encouraging reports of domestic vehicle sales and construction spending had positive impact on benchmarks. The S&P 500 posted its […]
Breaking–A+Apple reaches record breaking $700 billion market cap as stock surge continuesBy Neil HughesTuesday, November 25, 2014, 06:42 am PT (09:42 am ET)Shares of Apple reached another major financial milestone on Tuesday, crossing the $700 billion market capitalization threshold just after trading began on Wall Street.
With shares of AAPL trading at an all-time high, Apple is more valuable than it […]
The S&P 500 was up 0.5 percent to 2,063 for the week, and is now up nearly 11 percent from its October lows. The S&P also had its best five-week winning streak since April 2009, and some analysts say its recent gains may take some of the steam out of a potential late December rally.”We beat the Christmas rush and […]
Rally in healthcare stocks and easing global growth worries boosted benchmarks to finish in the green on Tuesday. Improved investor confidence data from Germany and positive news from Japan reduced worries about the global growth. Encouraging economic data also lifted investor confidence. The S&P 500 and Dow finished at a record high yesterday.For a look at the issues currently facing […]
All nine sectors moved higher on Tuesday…XLV, XLB and XLI were the strongest sectors while XLE was the weakest.Breadth strengthened as advancers led decliners…1.53 to 1 on the NYSE and 1.52 to 1 on the NASDAQTuesday – strengthened, advancers ledMonday – weakened, decliners ledFriday – strengthened, advancers led NYSEThursday – weakened, decliners ledWednesday – strengthened, advancers ledSPY up 1.18 at […]
Friday was a choppy session with little momentum as indexes have now worked off their extreme overbought conditions. The S&P 500 added 0.02% and the NASDAQ 0.18%. U.S. retail sales rose 0.5% last month when stripping out volatile elements like gasoline, autos, building materials and food services, according to the Commerce Department data released on Friday. That was the biggest […]
Benchmarks were little changed on Tuesday as investors hardly found any reason to place big bets. The day was devoid of any major news that could move the markets significantly on either side. Trading volumes were light and the bond market was closed due to the U.S. Veterans Day holiday. However, the S&P 500 and the Dow posted modest gains […]
NEW YORK Concerns over weaker global growth appeared to overshadow strong reports about the U.S. economy Tuesday, nudging the stock market to a tiny loss.Crude prices sank 3 percent, pulling down stocks of oil producers. Small-companies, which have fewer ties to the world economy, made gains. Meanwhile, the dollar reached a one-year high […]
NEW YORK (AP) — Concerns over weaker global growth appeared to overshadow strong reports about the U.S. economy Tuesday, nudging the stock market to a tiny loss.Crude prices sank 3 percent, pulling down stocks of oil producers. Small-companies, which have fewer ties to the world economy, made gains. Meanwhile, the dollar reached a one-year high against the euro.”It’s the picture […]
