[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 index eked out a marginal gain today, while the Dow Jones Industrial Average dropped, weighed down by losses for Verizon Communications Inc. (VZ) and AT&T Inc. (T). Bed Bath & Beyond Inc. (BBBY) shares fell 12.5% after the retailer reported fiscal third-quarter earnings and trimmed its outlook late Wednesday. …
Major Index ETFs Rise On Syria Development
[Chart courtesy of MarketWatch.com] The Dow and S&P 500 Index continued their recent upward drive, amidst easing concerns over possible U.S.-led military action against Syria, while the Nasdaq closed lower as Apple Inc’s biggest decline since April weighed on the index. The Standard & Poor’s 500 Index advanced to a one-month high, the seventh straight winning session. Market nervousness abated …
Major Market ETFs Finally Halt Multi-Day Slide
[Chart courtesy of MarketWatch.com] U.S. equities finished strong in a volatile session on Tuesday, as investors weighed a lackluster domestic retail sales report and tepid small business optimism with better-than-expected reports from across the Atlantic. Treasuries finished lower following the US data; gold saw pressure, while crude oil prices and the US dollar moved higher. Below-average volume has persisted through …
Tech Shares Decline As Apple Slumps; S&P 500 Touches 1,500 Level; Europe Rises On Upbeat PMI Data
[Chart courtesy of MarketWatch.com] The major market indexes mostly rose Thursday, with the Dow Jones gaining for a fifth day and the S&P 500 briefly topping the 1,500 mark as an unexpected drop in unemployment claims and upbeat corporate results offset the worst decline for Apple Inc in four years. Apple Inc slumped 12 percent to $450.50 after reporting the …
Tech Stocks Push US Equity ETFs Higher; Europe Rises Ahead Of US Debt Vote
[Chart courtesy of MarketWatch.com] US stocks closed higher Wednesday as technology stocks rallied amid upbeat earnings result and lawmakers voted to temporarily suspend the federal debt limit, helping the S&P 500 post its sixth straight day of gains that saw the benchmark index hitting a new five-year high. Equities received support earlier after the Republican-controlled House of Representatives voted to …
Dell Rally Is Offset By Apple Slide In The US; Europe Declines For A Third Day On Data
[Chart courtesy of MarketWatch.com] US equities closed mixed Monday, with two of the three benchmark indexes slipping into negative territory as Apple Inc’s near four percent drop amid concern about iPhone sales offset a rally in Dell Inc. Apple, the most valuable company, sank 3.6 percent that wiped out $17 billion in investor wealth after the Wall Street Journal and …