[Chart courtesy of MarketWatch.com] 1. Moving The Markets The U.S. markets slid back into negative territory today as a response to the World Bank announcing its reduction of the global growth forecast from 3.2 to 2.8%. The selloff was broad, as every S&P 500 sector index (except energy) declined for the day. The World Bank has clarified that the looming …
A Calm Tuesday For The Markets; More Bad News From Radioshack
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks moved in both directions today with the Dow closing in positive territory while the S&P 500 finished just inside the red zone. The stock market has been on a slow and steady climb since April, and in recent weeks has been pushed by a number of encouraging economic reports. At present, …
ECB Cuts Rates To -0.10%; Amazon Has Something Stirring
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Up, up and away the markets continued to climb today reaching record higher ground. The S&P 500 gained 0.63% with the Dow not far behind posting 0.59% gains, but, of course, the Nasdaq stole the show gaining 1.04% on the day. The day’s gains were broad, with all ten S&P 500 sectors …
You Can’t Keep A Good Stock Index Down
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Well, stocks came roaring back today after a solemn Tuesday. The S&P 500 once again closed in record territoryas the chart above shows. The service sector was a leading gainer, as we received a report that showed U.S. service firms grew more quickly as production, hiring and new orders increased. All are …
Equities End Winning Streak; Gold Closes Higher
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks pulled back a tad, snapping a record breaking streak since last Friday. All major indexes gave back some of their recent gains. Although we saw a drop today, markets have been trending up over the past two weeks. M&A activity regained their share of headlines, especially the recent Hillshire-Jimmy Dean-Tyson Foods-Pilgrim’s …
Apple Fails To Impress; S&P And Dow Continue Marching Forward
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 and Dow both kept moving forward to new record highs today, while the Nasdaq limped to the finish line to close in the red. The S&P 500 realized its 15th record close of 2014, and the Dow posted its 6th record close of the year. There was a folly …