[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks broke their two-day losing streak today as investors became encouraged by better-than-expected earnings reports from Alcoa (AA). All of the major indexes gained. In other earnings news, shares of The Container Store (TCS) dropped 9% after the specialty retailer reported earnings below expectations and said it was experiencing a retail “funk.” …
Investors Remain Bearish Ahead Of Q2 Earnings Season
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a good day for German soccer fans, but the same joys were not felt by U.S. investors. Stocks tumbled as the Dow fell nearly 118 points, ending the trading day below the glorious 17,000 mark it surpassed for the first time recently. The S&P 500 and the Nasdaq retreated as …
Markets Calm After Extended Holiday
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Well, last week ended with a ‘bang’ heading into the 4th of July holiday as the Dow officially passed the 17,000 mark, and the other major indexes both pushed to record highs. The momentum seemed to have fizzled after a long weekend though and the indexes closed Monday lower across the board …
Increase In Hiring Moves Markets Up; Do You Follow Argentina’s Stock Market?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks continued to climb on Wednesday, driven by news that businesses added 281,000 jobs last month, up from 179,000 in the previous month. The figure suggests the government’s monthly jobs report, due out Thursday, could also show a significant gain from May. Two of the three major indexes gained slightly as the …
Third Quarter Off To A ‘Bang’ Just Before 4th Of July Holiday
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets opened the third quarter with a bang as the S&P 500 and Dow both climbed record highs at closing. The Dow was within 2 points of hitting 17,000 for the first time ever before pulling back slightly. The S&P 500 gained 0.7% to close at an all-time high of 1973.32. …
Halfway Through The Year The S&P Is Up 6%
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Both the Dow and S&P 500 lost ground slightly after flirting with record highs previously. We are now officially halfway through the trading year and the S&P 500 is up 6%, logging 22 record highs along the way. Over the past two months stocks have resumed their upward trajectory after getting off …