[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. indexes fell across the board on Tuesday (see above chart), largely due to drops in blue-chip stocks such as Exxon Mobil (XOM), Verizon (VZ) and American Express (AMEX), which all fell more than 1% on the day. One of the biggest market movers today was Vertex Pharmaceuticals (VFTX). The stock gained …
A Mundane Monday Kicks Off The Week
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was too tough for the markets to continue their record breaking trend this Monday, even though we received some positive data that showed an improving housing market. The S&P 500 dropped a tad and the Dow slid slightly. Only the Nasdaq finished the day in positive territory, squeezing out a 0.02% …
A Last Minute Move To The Plus Side
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a roller coaster ride but, in the end, the major indexes managed to stage a turnaround, with the S&P 500 closing at a record level for the 21st time this year. The afternoon rally may have been a delayed response to Janet Yellen’s statement in which she confirmed rates to …
Stocks Gain On Fed News; Amazon’s Phone Hits The Market
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was the fourth day in a row that stocks gained across the board and the S&P 500 closed at a new record high. The Dow and Nasdaq both added 0.6% each. While Amazon’s new smartphone was all the rage in the news today, the real market mover was the Federal Reserve, …
Equities Manage A Third Day Of Gains
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a wobbly beginning, but the major indexes managed to pick up a little steam later in the session just enough to end up in the green for the third day in a row. The gains were modest as the above chart shows. Even a sharp rise in consumer prices in …
Markets Eke Out A Gain Driven By M&A Activity
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks mostly hovered between small gains and losses through much of the day as traders monitored the conflict in Iraq and considered its potential impact on oil prices. The S&P 500 gained 0.10%, the Dow added 0.03% and the Nasdaq posted a 0.24% gain. The markets have shown a lack of volatility …