[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks rebounded today after a shaky start this morning. All three major indexes finished in positive territory, with the Nasdaq leading the way up as the chart above shows. Earnings season is winding down, but Target (TGT) announced today that their CEO, Gregg Steinhafel, has resigned from the position effective immediately and …
Markets Mixed As Investors Await Jobs Report On Friday
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 ended nearly flat on Thursday as investors anxiously await Friday’s jobs report, though some gains in Internet shares helped lift the Nasdaq to positive territory late in the day. The anticipated (April) jobs report, which is expected to show that U.S. employment rose at its fastest pace in five …
Dow Closes At Record Level For The First Time This Year
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Volatility was still the name of the game on this last day of April just as it has been for quite some time. All the major indexes gained while the S&P 500 managed to eke out a modest +0.64% for the month. As expected, the Fed announced a reduction of $10 billion …
Equities Continue To Climb On Positive Earnings Announcments
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks continued to move higher today, driven by continued positive earnings announcements. The major indexes climbed as the chart shows but the Nasdaq led with a gain of 0.73% on the day. Notable corporate earnings announcements, that exceeded analyst expectations included Merck & Co (MRK) and Sprint (S). Q1 profit growth for …
Market Sways—But Closes In Positive Territory
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The market swayed back and forth today, but finished in positive territory across the board with the exception of the Nasdaq. And, despite today’s intraday volatility and chaotic price action, many major market indexes are not far from all-time highs. Although markets ended up for the day, there was a notable selloff …
Equities Pitter Patter Higher, But Remain Timid Over Russia & Ukraine
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks inched higher as Apple’s (AAPL) strong earnings report proved to be not enough to ease fears over an escalating tension between Russia and Ukraine. The major indexes inched higher as the chart above shows. Notable gainers today were Aetna (AET), who reported its first quarter EPS results of $1.98, beating …