[Chart courtesy of MarketWatch.com] 1. Moving the Markets The S&P 500 returned to its record-setting ways, notching its 28th record close of the year, building on a powerful bull run that began more than five years ago. The S&P 500 gained 0.3%, the Dow rose 0.4% but the Nasdaq barely stayed above water gaining 0.1%. One of the primary market …
Equities Stay Above Water Amidst Mixed Messages From Fed
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied late in the day, which pushed the S&P 500 to close a third straight day in positive territory and finish just short of its all-time high. The S&P 500 gained 0.3%, the Dow rose 0.4%, however, the Nasdaq fell from grace to close down 0.03%. A large portion of headlines …
Markets Continue To Rally On Housing Data And Apple’s $100 Mark
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Domestic markets continued to rally today on dissipating geopolitical fears, strong earnings and upbeat housing data. The S&P 500, Dow and Nasdaq all gained as the chart shows. On the economic front, housing starts surged 15.7% in July and inflation remained minimal. Housing related stocks capitalized on the strong data, and companies …
Tensions Ease Abroad; Airline Stocks “Take Off”
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were back in full swing, as the Dow surged 175 points and the Nasdaq hit a 14-year high. The S&P 500 gained 0.9%, the Dow climbed 1.1% and the Nasdaq gained 1%, which marked a fourth straight session of gains. The buzz around the networks attributed bullish sentiment today on the …
Lessening Of Ukraine Concerns Drives Equities
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Comments from Russia, which were interpreted as conciliatory, turned into an assist for the markets despite some less than inspiring earnings reports. All the major indexes gained with only slight pullbacks throughout the day, as the chart above shows. 9 of the S&Ps sector indexes rose, with healthcare taking top billing while …
Stocks Move Higher Despite Disappointing Retail Numbers
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Investors pushed markets higher as biotech shares helped counter somewhat disappointing retail sales numbers. The Commerce Department shared with us today that U.S. retail sales stalled during the month of July, which was the weakest numbers we have seen thus far in 2014. Amazingly, the major indexes rallied, as the chart above …