[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a wild ride, but in the end nothing was gained as the S&P 500 closed about unchanged. The struggle occurred mid-day as the Fed minutes were released, which emphasized that, despite much jawboning to the contrary in the recent past, a premature rate hike “would harm the economy.” So, who …
Stocks Regain Momentum To Finish The Day In The Black
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks began the day in the red, but all major indexes climbed back to close in positive territory. The big news of the day was that S&P 500 conquered 2,100 for the first time, another record closing. One of the primary drivers behind market gains today was the news that Greece will …
Markets Get Boost From Russia-Ukraine Cease-Fire
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks continued to climb as investors were encouraged by Russia and Ukraine announcing a cease-fire. The S&P 500 moved within two points of a record closing high and the Nasdaq is at its highest level since March 2000. Advances today were mostly led by technology stocks in the Nasdaq. However, Cisco (CSCO) …
Stocks Flat Line Wednesday; Tesla Posts Big Losses
[Chart courtesy of MarketWatch.com] 1. Moving the Markets In the international realm, investors appeared to take a sideline approach as eurozone finance ministers gathered in Brussels to discuss debt-strapped Greece. The fate of cash-strapped Greece, which has become front-page news as its new anti-austerity government looks to get bailout concessions from its eurozone creditors, could become clearer as an emergency …
Stocks Snap Losing Streak; Apple Now Worth $700 Billion
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks broke out of a two-day losing streak today as the S&P 500, Dow and Nasdaq all gained. The Dow got a boost today from a strong earnings report posted by Coca-Cola (KO). Coke topped earnings-per-share expectations by 2 cents on better-than-expected revenue of $10.87 billion. Shares of the stock jumped up …
The World Drags Down Domestic Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Concerns about the world economy dragged U.S. stocks lower on Monday with worries mounting over Greece’s standoff with its creditors. Greece’s defiant new government is waging a high-stakes poker game with its European lenders it seems. These games could go on forever though, as we all know. According to Barclays, risk assets, …