[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets here in the U.S. slipped back into the red zone across the board. The S&P 500 index fell half a point, the Dow Jones industrial average fell 0.2% and the Nasdaq composite rose 0.2%. Makers of consumer staples (XLP), a category that includes everyday products like soap, diapers and cigarettes, …
Markets Perform Well On Debt Ceiling Raise And Yellen Comments
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Equities performed well across the board today, with all 10 S&P 500 sectors closing the day with gains. Markets seemed to react positive to the news that Congress has finally agreed to advance legislation that will extend U.S. borrowing authority. Republican leaders in the House caved to President Obama’s demands to suspend …
Markets End A Pinch Higher; A Look At Interest Rate Reaction
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks etched up higher today to kick-off the week of Feb. 10. Trading was fairly light today most likely due to the fact that Janet Yellen is scheduled to make her first congressional testimony tomorrow. Why would investors be awaiting such an event? Well, many believe that the Fed might be having …
Stocks Back On Top; ECB Not To Drop Interest Rates
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks here in the U.S. had their best gain in 7 weeks today. The S&P 500 (SPX) closed up 1.24%, the Dow (DJIA) closed up 1.22% and the Nasdaq Composite (COMP) finished the day 1.1% higher. What seemed to have the biggest impact on markets today was the data on weekly jobless …
Volatility Is All The Buzz
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Volatility seems to be the name of the game so far in 2014. One day the markets are down, the next they bounce back only to fall again the day after. All of the major U.S. indices closed in the red today after a private survey showed that U.S. businesses added jobs …
Stocks Bounce Back After Big Sell-Off Monday
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The U.S. stock market ended the day higher after suffering one of its largest declines in more than seven months yesterday. All major indexes gained as the chart above shows Consumer and financial stocks lead the board for gains today on the S&P 500. Michael Kors (KORS) jumped up 17% on the …