[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks drifted in and out of positive territory most of the morning, but turned downwards in afternoon trading as investors digested economic reports that showed an uptick in inflation and a big jump in new-home sales in February. Before the closing bell, the Labor Department reported that consumer prices were up 0.2%, …
Stocks Unchanged—GOOG Vs MSFT Continues
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks teetered back and forth most of the day only to close relatively unchanged. The Dow was the only index that posted gains, which were nominal but a continued path of record numbers. Eyes were on Janet Yellen today in her second day of Capital Hill testimony; however, her comments did not …
Stocks Break 2-Day Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks staged a strong afternoon rally and closed higher today as the major indexes broke a two-day losing streak. Utilities led the way for the S&P 500, as all ten sectors of the index posted gains. In tech news, shares of Alibaba (BABA) plunged 8.5% after the Chinese Internet giant reported revenue …
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. …
Equities End Flat On Thursday; Apple And Google Shares Both Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The S&P 500 and Nasdaq both ended a shade above 0.01% while the Dow dropped 0.15%. This was the sixth straight day that the Dow declined. Both Apple (AAPL) and Google (GOOG) headed south as well. Investors were hoping that Apple’s unveiling of the new iPad would excite investors; however, iPad sales …
Stocks Back On Track Amidst Solid Report From Citigroup And M&A News
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks kicked off this week on a high note as the markets rocketed higher with the Dow once again passing the 17,000 mark to close at 17,055. In general, investors were encouraged by a slew of M&A activity alongside better than expected earnings from Citigroup. All major indexes gained as the chart …