[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks were little changed today, with only the S&P managing to close in the green, as investors are processing economic data and awaiting further developments in Greece’s debt negotiations with creditors. In economic news, U.S. wholesale inventories were higher than expected in April, while a separate report showed small businesses confidence …
Three Down Days In A Row
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Last week’s slide continued as the major indexes headed south again, and even the last hour’s rebound attempt had no staying power, so we closed at the day’s lows. We’re stuck in a slump with the Dow now having dipped into negative territory year-to-date, while the S&P 500 has come off its …
Stocks Dip Lower Amidst News From Greece
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks dropped sharply after Greece said it won’t make a scheduled loan repayment Friday, and the IMF lowered its U.S. economic outlook as it urged the Federal Reserve not to raise rates in 2015. Energy stocks were one of the hardest hit sectors as oil prices fell for a second day. U.S. …
Nasdaq Flirts With Record High; U.S. Reduces Trade Deficit
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Nasdaq made a run at its all-time closing high but fell short, though stocks still ended broadly higher on solid domestic economy news and optimism about talks over Greece’s crushing debt. For a good part of the day, the Nasdaq was riding a little above its record closing high of 5106.59, …
A Slow Climb; But No Gains
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks recovered from early losses but closed slightly lower as Treasury yields and oil prices jumped. Investors remained uneasy as negotiations on Greece’s bailout plan continued. It seems that investors are still keeping a fixed eye on developments in debt-plagued Greece, which faces a Friday deadline for paying the IMF 300 million …
Stocks Hit The Ground Running To Kick Off June
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rose slightly as some improving economic data and a big tech deal helped Wall Street kick off the month of June on a positive note. Some M&A news gave markets a boost just before the opening bell when it was announced that Intel (INTC) said it will buy fellow chip maker …