[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks dipped as investors awaited a Federal Reserve decision Wednesday on interest rates and Apple’s earnings report after the closing bell. Disappointing economic data on manufacturing and consumer confidence also weighed on markets. Energy stocks led the decliners as oil prices fell. A barrel of U.S. crude was down 2.2% to $43.03. …
Stocks Quiet To Kick Off The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street, which is riding a four-week winning streak, kicked off a busy week quietly as it awaited a slew of earnings releases, fresh data on the economy and a Wednesday Federal Reserve meeting on interest rates. The S&P 500 and Dow both fell slightly, while the Nasdaq stayed put. The third-quarter …
Equities Rise, Fall And Stay Afloat
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks climbed Monday, the Nasdaq just barely, in a seesaw day as Wall Street shook off a two-day slump that was sparked by last week’s decision by the Federal Reserve not to raise interest rates. Crude Oil gained slightly today as well to close at $46.69 a barrel. In M&A news, Chipmaker …
Early Rally Fades; Dow Up Nasdaq Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities closed mixed today as an early rally on Wall Street slowly faded and gave back strong gains. Stocks jumped early in the trading session after yesterday’s big rebound, as Wall Street digested favorable data on the services sector of the U.S. economy and reassuring comments from the European Central Bank. It …
China Devalues; Global Markets In Retreat Mode
[Chart courtesy of MarketWatch.com] 1. Moving the Markets For the time being, today’s pullback makes yesterday’s big advance look like a dead cat bounce. Just as the bulls had taken charge, the rug was pulled out from under them as the Chinese devalued the Yuan sending world markets reeling. This brought up concerns as to whether the slowdown in China …
Dow Falls For Fourth Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Shares of Apple (AAPL) fell 3.2%, making it the biggest losing stock of the Dow. The tech giant is under pressure as worries about an economic slowdown in China raises concerns about its biggest growth market. On the economic front, investors continue to focus (speculatively) on when the Fed will boost interest …