[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Dow and the S&P 500 are in their worst stretch since September and are on track to post their first negative week since late September. However, the declines have been slight, with the S&P 500 down about 1.2 percent over the period. Gross domestic product grew at an annualized rate of …
Markets Down, Jobs Up!
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Dow and the S&P 500 closed down for a fourth consecutive session as uncertainty grew over when the Federal Reserve will start to slow its stimulus. The decline today coincides with the updated employment numbers arriving from ADP. Private sector job creation surged in November; with ADP reporting 215,000 (higher than …
Equity ETFs Remain Red While Mortgage ETFs Gain Ground
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks fell for a third straight session, dropping from record levels in a broad decline as investors took profits amid signs of a weak holiday shopping season. Retail and consumer discretionary stocks were among the weakest of the day. Amazon.com Inc slipped 2 percent to $384.66 and was one of the …
Window Shoppers Prevail But USDs Still Appreciating
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Shoppers spent less over the Thanksgiving weekend and that weighed on stocks Monday. While they turned out in record numbers in the four days ending Sunday they plunked down less cash than they did last year. It was the first decline in Thanksgiving weekend spending since a retail trade group began tracking …
A Cornucopia Of Upside On Thanksgiving
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stockholders have plenty to be thankful for this Thanksgiving. And the day before the holiday gave them even more reason to be pleased. Both the Dow and S&P pushed into record territory yet again. At the same time, the Nasdaq hit its highest level since the tech bubble 13 years ago. Hewlett-Packard …
Nasdaq Conquers 4,000; Gold-Mining ETFs Slip
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended in the green, but just barely as traders took profits ahead of the holiday. The Nasdaq composite index closed above 4,000 on Tuesday for the first time since 2000, while the Dow and S&P ended barely changed. Retailers and homebuilders were among the best performing sectors, responding to stronger-than-expected earnings …