Benchmarks finished Thursday’s session mostly in the red as oil prices dropped and deadlock over Greek debt deal continued. While decline in oil prices dragged energy shares down, Germany’s rejection of Greece’s request for loan extension unnerved investors. However, the Nasdaq settled in positive territory banking on gains among chipmakers and bio-tech stocks. Priceline’s upbeat quarterly results also helped the […]
Benchmarks ended mostly lower on Wednesday after Fed minutes showed officials debated the effects of hiking interest rates from near zero level. While “many” officials said premature rise in interest rates will hamper U.S. economic recovery, “several” officials opined delaying the same will result in high inflation. Meanwhile, a drop in oil prices dragged energy shares down. While the S&P […]
Benchmarks started the holiday-shortened week on a positive note banking on encouraging news from Greece. Indications that the Greek government intends to seek an extension of the country’s loan agreement program improved sentiment. While the S&P 500 closed at an all-time record high, the Dow closed at the highest level so far this year. Markets were closed on Monday for […]
Benchmarks ended in the green on Thursday after a ceasefire agreement between Russia and Ukraine boosted investor confidence. Moreover, encouraging earnings results including those from Cisco and TripAdvisor helped markets register solid gains. A rally in oil prices also boosted energy shares. However, disappointing economic data on the domestic front eroded some of the day’s gains. The Nasdaq reached its […]
Benchmarks rebounded on Tuesday after registering losses in the last two sessions as easing concerns about Greece’s debt negotiations boosted investor confidence. Moreover, encouraging earnings results from Coca-Cola and impressive performance of Apple also helped markets post solid gains. However, slump in oil prices eroded some of the day’s gains. The S&P 500 reached its highest level in 2015 till […]
Benchmarks ended in the red on Friday after fresh concerns about Greece’s debt negotiations offset encouraging job report. Meanwhile, rise in possibility of rate hike in mid-2015 due to improving labor market conditions dented investor sentiment. However, markets ended the week in positive territory despite Friday’s losses.For a look at the issues currently facing the markets, make sure to read […]
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 […]
Disappointing earnings results dragged down benchmarks on Tuesday to their biggest one-day losses in three weeks. Major market movers including Microsoft and Caterpillar reported dismal earnings reports that dented investor sentiment yesterday. Moreover, discouraging durable order report also had a negative impact on the markets.For a look at the issues currently facing the markets, make sure to read today’s Ahead […]
Benchmarks ended mostly in the red after gaining for four consecutive days as materials stocks finished in the negative territory. Moreover, dismal outlook from United Parcel Service had a negative impact on benchmarks. However, benchmarks ended in the green over the week for the first time in four weeks mainly due to the European Central Bank’s announcement of monetary stimulus […]
Shares of brokerage firm – E*TRADE Financial Corporation (ETFC – Analyst Report) rose 4.24% in after hours trade following the release of its impressive fourth-quarter 2014 results on Jan 22, after the market closed. Driven by strong trading activity, E*TRADE delivered a positive earnings surprise of 13% in the quarter, marking the fourth straight quarter of earnings beat.Earnings per share […]
