REUTERS/Brendan McDermidByron Wien.Stocks have catapulted through recovery.Among the things that have driven the expansion, a key factor has been the role of the Federal Reserve.In market commentary Wednesday, Blackstone’s Byron Wien pegs a number on this: $3 trillion.Even though we’ve seen company earnings more than double between 2009 and 2014, there has been concern that the market rally has largely […]
It was more whimper than roar, but the S&P 500 (SPX) ground to another record high last week. This achievement was scored within whisker-thin trading ranges as select measures of broader-market volatility probed 2015 lows. Now, economic data comes into focus in this holiday-shortened week and in the week following, which features the typically closely watched monthly jobs report.Volatility flared […]
Another quiet session in a week full of them. The S&P 500 gained 0.23% and the NASDAQ 0.38% as morning weakness was bought. This is a good sign again, but these gains are of a grinding nature. Existing home sales for April fell 3.3%, missing an expected 1% gain to 5.24 million units. Earlier in the week, reports showed home […]
Tax scare on Yahoo’s Alibaba stake spin-off seen premature by BusinessInsider.com : Wednesday 05:30:11 CTCategories: markets, streamBy Supantha Mukherjee and Abhirup Roy(Reuters) – Yahoo Inc’s planned spin-off of its stake in Alibaba Group Holding Ltd is likely to proceed on a tax-free basis, analysts said, as Yahoo shares regained most of their losses after concerns of a possible change in […]
NEW YORK —
A brief afternoon rally faded away on Wall Street, leaving indexes narrowly mixed on the day.The short-lived advance Wednesday came after minutes from the Federal Reserve’s latest meeting suggested the central bank wouldn’t begin raising interest rates next month.The Dow Jones industrial average slipped 27 points, or 0.2 percent, to 18,285.
The Standard & Poor’s 500 index gave up […]
NEW YORK (AP) — Stocks are barely moving in midday trading as the market comes off two days of losses.The Dow Jones industrial average edged up six points to 18,076 as of 11:45 a.m. Eastern time Wednesday.The Standard & Poor’s 500 index was up two points, or 0.1 percent, to 2,101. The Nasdaq composite increased 11 points, or 0.2 percent, […]
Twitter’s stock plunged around 20 percent following its early earnings release on Tuesday, wiping out gains achieved in the past year. The move amounted to the microblogging site’s second all-time worst day of trading, and the stock has continued to sink ever since.Brian Kelly of Brian Kelly Capital said that while the drop presented an interesting trading opportunity, the company […]
View All4 Biotech Stocks Poised to Jump 15%It’s been something of a lackluster week for the broad market — but biotech has really shined.Source: FlickrWhile the S&P 500 was up just 1.3% as of Wednesday afternoon, biotechs as a group outperformed, gaining nearly 2.5%.7 Small-Cap Healthcare Stocks Set to Soar
This sector is famous for being a volatile one, so timing […]
People walk past a panel displaying the benchmark Hang Seng Index during afternoon trading outside a bank in Hong Kong April 15, 2015. Photo: ReutersHong Kong stock market is “very likely” to slip at its opening on Monday, Hong Kong’s finance chief predicted today, as he warned of the possibility of large market fluctuations in the near future.John Tsang Chun-wah called […]
The Stock Market Week in ReviewBy: Brad Gudgeon | Sat, Apr 18, 2015SharePrintEmailThe stock market had a rocky week last week, ending on a down note. Early on, I expected a possible 40 point SPX down move from Monday into Tuesday. I also was looking for a possible top around Thursday. The SPX fell 24 points from Monday into Tuesday […]
