[Chart courtesy of MarketWatch.com] 1. Moving the Markets The stock market broke its three-day losing streak today, although markets are still looking fatigued since last Friday. The S&P 500 gained 0.77%, the Dow recouped 0.9% and the Nasdaq rose 1.03%. Investors still seem to remain cautious about conflicts abroad in the U.K., Ukraine and Middle East, however, positive results that …
Another Day In The “Red” For Domestic Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks continued falling today after weaker than expected Eurozone data send European markets downward in addition to news that the U.S. commenced airstrikes against ISIL in Syria. All major indexes fell. Today, we received news that Bed Bath & Beyond’s (BBBY) second quarter profit numbers exceeded Wall Street expectations. The company reported …
Stocks Stumble Out Of The Gate To Start Off The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, the stock market did not start the week with a bang by any means. The Dow dropped 0.6% from its record close on Friday, the S&P 500 fell 0.8% and the Nasdaq plunged a whopping 1.1%. A disappointing home sales report also added to the negative tone on Wall Street today. …
Markets Back On Track Despite Scotland Worries
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets were back on track today as both the Dow and S&P 500 closed at record highs. The S&P 500 gained 0.5%, the Dow climbed 0.6% and the Nasdaq trumped as it gained 0.7%. As you may know, the Scotland independence debate has been all over the news and is hovering …
Edging Higher After A Dump, Pump And Dump Roller Coaster Ride
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes managed to eke out a small gain following a wild ride as a result of the Fed’s pledge to keep interest rates low for a “considerable time,” while ongoing concerns about “underutilization” in the labor market remain. No timetable for higher rates was announced, however, it appears that hikes …
Equities Jump Sharply Thanks To Two Assists
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes got two assists today, which propelled the markets out of the trading range with the S&P 500 making another assault at the 2,000 level after having been stuck below it for the past 1-1/2 weeks. China’s central bank got things started by announcing a boost in its stimulus measures …