[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied after three straight days of losses for the S&P 500 and Dow, which on Thursday logged a new closing high and jumped nearly 200 points. In market movers today, Facebook (FB) climbed 3.7%. The jump added to a 1.3% gain yesterday after the company reached a deal with New York …
Earnings Reports Continue; No Major Impact On Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities rose as the major indexes moved closer to record levels, and a tech stock rally sent the Nasdaq to a new 2015 closing high. In earnings news, Dow giants McDonald’s (MCD) and Coca-Cola (KO) helped boost the blue-chip index higher as shares of MCD jumped 3.1% and KO rose 1.3% on …
Post Holiday Hype Fades On Tuesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks withered early gains and fell sharply in the last hour of trading, as the major indexes closed lower, breaking a two-day bunny hop winning streak. April has always been a volatile month, as investors are typically on edge in advance of Q1 earnings season. First-quarter earnings season kicks off Wednesday as …
Fed Commentary Takes Starch Out Of Upward Momentum
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks took a dive today, ending another wild ride with a plunge deeper into the red after the Federal Reserve’s latest policy statement. The Federal Reserve gave no indication today that it would stand down from plans to raise interest rates this year, noting that it expects unusually low inflation to gradually …
Stocks Borderline, But Positive To Begin The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended higher Monday, with the Dow basically flat, as investors grappled with the consequences of a victory for Greece’s anti-austerity Syriza party in general elections. In corporate news, Microsoft (MSFT) shares dipped slightly today, even after the software giant reported a spike in revenue and profits in line with analyst estimates. …
Stocks Rise On Bullish Economic Outlook
[Chart courtesy of MarketWatch.com] 1. Moving the Markets All the major indexes closed higher today as stocks jumped up across the board on fresh signs the economy is growing stronger, signaled by a positive GDP report. The Dow added 1.3%, the S&P 500 rose 0.6% and the Nasdaq finished up 0.4%. Investors are still a little uneasy though as to …