[Chart courtesy of MarketWatch.com] 1. Moving the Markets August was a quiet month for the U.S. stock market, with volatility at very low levels. The S&P 500 did not see a day with a change of 1% in either direction the entire month. However, a six-month winning streak was snapped in August for the Dow and, as you may know, …
Oil Trips And Market Slips; Apple Back In The News
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities ended a bit lower Tuesday after starting off in positive territory as investors digested news that Apple could owe back taxes in Ireland and continued to focus on what the Federal Reserve’s next move on interest rates might be as Friday’s key jobs report looms. Wall Street continues to waver on …
Slightly Higher—But Speculation Still Looms
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed higher Monday and the Dow broke a 3-day losing streak, even as investors continue to calculate the odds of a (potential) Federal Reserve interest-rate hike later this year. Much of the focus throughout Wall Street has remained on the trajectory of interest rates, which have not increased for eight …
Laying In Waiting For Yellen Speech
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Heading into Thursday’s trading session, all three major U.S. stock indexes were less than 1% below their record closing highs. Equities dipped slightly lower today though ahead of another much anticipated speech due from Janet Yellen tomorrow in Jackson Hole, WY. Many believe that Yellen wants to avoid market turbulence, so a surprise …
Major Indexes Pressured By Economic News
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Time flies by, as we all know. It was almost a year ago that stocks plunged amid worries regarding falling oil prices and the uncertainty about China’s economic growth. Well, a year has passed and not much has changed. The price of oil remains under $50 per barrel and China’s growth continues …
NASDAQ Ekes Out A New High
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks rose Tuesday and moved back into record territory as the Nasdaq set a new all-time high by gaining a meager +0.30%. The rebound comes as quiet summer trading drags on and investors look ahead to a key speech from Federal Reserve chair Janet Yellen on Friday. Investors are largely in wait-and-see mode ahead of …