[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks slipped into negative territory today, driven lower by the latest release of the Fed Minutes. The minutes showed that some Fed policymakers favored eliminating a pledge to keep interest rates near zero “for a considerable time” but others worried that such a move could prompt financial markets to push up rates …
Major Markets All Close Higher On Positive News From Japan And Germany
[Chart courtesy of MarketWatch.com] 1. Moving the Markets All major U.S. indexes closed higher today, driven mostly by the health care sector and positive news from abroad. The S&P 500 rose 0.5%, the Dow gained 0.2% and the Nasdaq jumped 0.7%. The news from abroad was mostly centered on Japan and Germany. Japan’s Prime Minister Shinzo Abe informed government leaders …
Stocks Slightly Gain; China’s Equity Market Opens To The World
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks changed little today. The S&P 500 and Dow both gained a tad, while the Nasdaq slipped 0.37% into negative territory. M&A news stole a number of headlines today, focusing on two major mergers that entail a combined $100 billion value. The first was Activis PLC’s $66 billion bid for botox …
Markets Back On Track; Wal-Mart Impresses – Oil Continues To Slide
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks are back on track this Thursday after dropping slightly yesterday. The Dow was able to post another record high-water mark at the close of trading today, finishing up 0.23%. The S&P 500 gained 0.04% and the Nasdaq stood at an 0.10% gain at closing. The gain in the Dow was largely attributed …
Markets Drop, Snapping A 6-Day Winning Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back from record highs today, dragged down mostly by the financial sector after hearing today that six big banks were fined $4.3 billion in a settlement over foreign exchange manipulation charges. The S&P 500 and Dow both closed a tad lower, which snapped a 6-day streak of daily gains. The …
New Records For S$P 500 And Dow
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bond markets were closed in observance of Veteran’s Day, so trading in equities was thin, which may have contributed to the continuation of the rally. It was a see-saw session, as the chart above shows, but the major indexes managed to close in the green despite no economic data points. In …