[Chart courtesy of MarketWatch.com] 1. Moving The Markets The stock market had a “spring” in its step on the first day of spring. Signs that the U.S. economy is emerging from a winter slump drove major stock indexes higher today. Investors were encouraged by an increase in manufacturing and a rise in a key index of economic indicators. The S&P …
Markets Dislike Yellen’s Update; China Concerns Remain
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Investors weren’t too thrilled by what they heard from Janet Yellen during her first meeting in charge of the Fed. U.S. stock markets backed off today amid worries that the U.S. Federal Reserve could end up raising interest rates as soon as the spring of next year. The greenback and U.S. Treasury …
Food…Get It While It’s HOT…And Cheap
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets continued their upward trend from Monday, as the chart above shows, with all major indexes ending on the plus side. The big news today included a surge in U.S. food prices on the horizon, Russia annexing Crimea, and a Microsoft swell to near-record levels not seen since 2000. The Wall …
Equities Back On Track As U.S. Data Remains Strong
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. equities climbed today, with the S&P 500 bouncing from its worst weekly drop in the past seven, as concerns eased over the situation in Crimea, while economic data indicated the economy was improving after a winter slowdown. The geopolitical tension had weighed on equities last week, with the S&P 500 falling …
Markets Remain Sensitive Amid International Concerns
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was not a good day for U.S. stocks as they fell broadly today, with the Dow and S&P 500 suffering their worst day of trading since early February. The blame is being put on rising concerns over Ukraine and Russia, as well as new indications of a slowdown in China. China’s …
Investors Timid On Mediocre China Data
[Chart courtesy of MarketWatch.com] 1. Moving The Markets For much of trading today, the U.S. stock market appeared to be headed for its third decline in three days. By late afternoon though, the indexes began to slowly recover its losses as investors bought up oil refiners, mining companies and tech stocks. Afternoon activity was just enough to nudge the S&P …