[Chart courtesy of MarketWatch.com] U.S. equities shed earlier losses and closed the trading session in positive territory, allowing stocks to snap their recent two-day losing streak and avoid giving the Dow its first three-session decline of the year. The Dow Jones Industrial Average added 80 points (0.5%) to 15,041, the S&P 500 Index moved 14 points (0.8%) higher to 1,622, …
Stocks Slump As More Fears Of Less Fed Stimulus Mount
[Chart courtesy of MarketWatch.com] Investors have sent stocks on a wild ride in recent sessions amid fears the central bank will trim stimulus while the economy remains weak. Recent selling could suggest the market may be moving away from its seven-month rally. The Standard & Poor’s 500 Index moved 23 points (1.4%) lower to 1,609. Today’s loss came on the …
Fed Remarks, Stocks Retreat
[Chart courtesy of MarketWatch.com] Stocks resumed their recent decline as investors sold growth-oriented sectors on speculation the Federal Reserve may slow the pace of its economic stimulus. U.S. equities opened the session on an upbeat note as the Dow Jones Industrial Average appeared poised for its 21st consecutive Tuesday of gains. However, that changed midway through the trading day when …
Bulls Dismiss Negativities And Volatilities
[Chart courtesy of MarketWatch.com] Stocks opened a new trading week with gains Monday in a choppy session, despite dismal data which supported views the Federal Reserve will keep economic stimulus in place. The Dow Jones Industrial Average rose 138 points (0.9%) to 15,254, the S&P 500 Index moved 10 points (0.6%) higher to 1,640, and the Nasdaq Composite appreciated by …
Stocks Up Because Of Negative Economic News…!
[Chart courtesy of MarketWatch.com] Somehow negative economic releases helped U.S. equities rise on Thursday, rebounding from the previous session’s losses, as tepid economic data eased concerns the Federal Reserve would begin to gradually scale back its policy of stimulating growth. The Dow Jones Industrial Average gained 22 points (0.2%) to 15,325, the S&P 500 Index advanced 6 points (0.4%) to …
Rising Bond Yields Take Down The Bulls
[Chart courtesy of MarketWatch.com] Despite a strong spate of earnings and merger news, U.S. equities gave back a large portion of yesterday’s gains. Stocks backed off today as high-yielding dividend stocks lost some of their luster after recent increases in U.S. Treasury bond yields. Equities slipped out of the gate as sellers drove the major averages to their lows 90 …