[Chart courtesy of MarketWatch.com] 1. Moving The Markets Losses continued across the markets today, reeling from Wednesday’s downturn after the World Bank lowered its outlook for global economic growth. The Dow fell by over 100 points today, and the Nasdaq and S&P 500 dropped over 0.7% With the domestic markets trending lower, the dollar also fell for a second day …
No Warm Fuzzies From The World Bank
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The U.S. markets slid back into negative territory today as a response to the World Bank announcing its reduction of the global growth forecast from 3.2 to 2.8%. The selloff was broad, as every S&P 500 sector index (except energy) declined for the day. The World Bank has clarified that the looming …
A Calm Tuesday For The Markets; More Bad News From Radioshack
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks moved in both directions today with the Dow closing in positive territory while the S&P 500 finished just inside the red zone. The stock market has been on a slow and steady climb since April, and in recent weeks has been pushed by a number of encouraging economic reports. At present, …
ECB Cuts Rates To -0.10%; Amazon Has Something Stirring
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Up, up and away the markets continued to climb today reaching record higher ground. The S&P 500 gained 0.63% with the Dow not far behind posting 0.59% gains, but, of course, the Nasdaq stole the show gaining 1.04% on the day. The day’s gains were broad, with all ten S&P 500 sectors …
You Can’t Keep A Good Stock Index Down
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Well, stocks came roaring back today after a solemn Tuesday. The S&P 500 once again closed in record territoryas the chart above shows. The service sector was a leading gainer, as we received a report that showed U.S. service firms grew more quickly as production, hiring and new orders increased. All are …
Equities End Winning Streak; Gold Closes Higher
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks pulled back a tad, snapping a record breaking streak since last Friday. All major indexes gave back some of their recent gains. Although we saw a drop today, markets have been trending up over the past two weeks. M&A activity regained their share of headlines, especially the recent Hillshire-Jimmy Dean-Tyson Foods-Pilgrim’s …