yellen

Stock Market News for November 21, 2013 – Zacks Investment …

Benchmarks eroded the day’s gains after Federal Reserve minutes suggested that tapering may begin in the in “coming months”. However, the timing of the action depends on what economic conditions suggest going forward. The day marked the S&P 500’s third-straight fall while the blue-chip index moved still further from its 16,000 mark. The healthcare sector was the only gainer among […]

Stock Market News for November 20, 2013 – Zacks Investment …

Dismal earnings numbers from Campbell Soup and a cautious profit forecast from Best Buy dragged the major indices into negative territory on Tuesday. The Dow moved away even further from the milestone level achieved on Monday. The S&P 500 incurred its first two consecutive days of losses this month. Meanwhile, Federal Reserve Chairman Ben Bernanke said the central bank will […]

Stocks Take Comfort in Yellen, Trade New Highs – Stocks To Watch …

By Ben LevisohnAfter a tentative response to Janet Yellen’s opening comments to the Senate, stocks have moved higher, helped by surging homebuilders PulteHome (PHM) and  Lennar (LEN).
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The S&P 500 has gained 0.3%, while the Dow Jones Industrial Average has risen 0.2%. The S&P 500 is being led higher by oil refiners–Valero Energy has gained 4.5% to $43.10 and Marathon Petroleum […]