[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes had not much too cheer about during the regular session, which started on a bad omen from Japan with the BoJ surprising world markets by capping their monetary stimulus, which was expected to continue with full force. As we all know by now, without central bank stimulus, equity markets …
Oil Feeds The Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended higher in choppy trading as oil prices rose for a third straight day and moved above $33 a barrel. The major indexes posted gains early as strong corporate earnings reports provided a boost which quickly evaporated before equities mounted another comeback. In earnings news, Amazon (AMZN) missed Wall Street expectations, …
Equities Uncertain In Anticipation Of Fed Meeting And Earnings
[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. …
Big Gains For Wall Street On Earnings And ECB Stimulus Talk
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks skyrocketed Thursday as investors were quite encouraged by a market moving earnings report posted by McDonald’s (MCD) and signs from Europe that more stimulus might be on the way for the European Economy. In the end, it was really ECBs Mario Draghi’s jawboning about “re-examining” its stimulus program, which lit some …
Mixed Earnings Reports Pull Stocks Lower
[Chart courtesy of MarketWatch.com] 1. Moving the Markets A hazy batch of earnings reports were the culprit for the small losses on Wall Street today. The Dow ended the day down a scant 14 points after bouncing in and out of negative territory. IBM (IBM), which is the Dow’s largest component, dragged the index down after weak hardware sales and …
U.S. Investors Just Can’t Get Away From Greek Food; Semiconductor M&A Bigtime
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed lower today as uneasiness over a Greek debt deal and a selloff in Shanghai stocks weighed on investor sentiment. In China, stocks fell 6.5% on Thursday, with traders citing the tightening of marginal lending rules as a possible explanation. In economic news, jobless claims rose unexpectedly last week, but …