[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks rose today, snapping a three-day losing streak as investors smiled upon social media and tech shares. Being its volatile self, the S&P is now back in positive territory for the year. Tuesday’s advance followed the S&P 500’s biggest three-day retreat since late January and the Nasdaq’s steepest three-day drop since …
Equities Selloff Continues…
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Today officially marks the first day that all three major indexes (S&P, Dow and Nasdaq) are negative year to date. The Nasdaq continued its decline (which began last Thursday) and is now down a combined 4.6% over the three day period. The S&P 500 and Dow Jones both finished down more than …
Markets Dip Slightly; S&P 500 Or 501?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 index fell 0.1 %, staying near its all-time high of 1,890 that it posted a day earlier. The Dow broke even, and the Nasdaq composite fell 0.9% due to poor biotech performance and a selloff of recent “momentum” stocks. Among the big momentum Nasdaq stocks that fell were Tesla …
S&P Reaches New High; GOOGLE To Initiate Stock Split
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended the day in positive territory for the fourth straight day on Wednesday, driven largely by positive economic reports on employment. The S&P 500 closed at a new record high of 1,890.90, while the Dow and Nasdaq closed up 0.24% and 0.20% respectively. The report released by the ADP showed that …
On April Fool’s Day The S&P 500 Rises To Record
[Chart courtesy of MarketWatch.com] 1. Moving The Markets On this very April Fool’s day, domestic equities rallied for the second day in a row, powered by consumer and technology stocks, and pushed the benchmark S&P 500 to an all-time high as the chart above shows. Optimism prevailed as the ISM index rose in March indicating that the economy may not …
First Quarter Was Shaky; But Ends On A Positive Note
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The first quarter of 2014 has officially come to a close. The first three months of the year rattled investors to say the least. From tensions between Russia and the West over Ukraine and the winter storms that froze the U.S. economy in January and February. As a result, investors focused their …