Equities Get Crushed As The Bear Is Alive And Well

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[Chart courtesy of MarketWatch.com] 1. Moving the Markets Intense selling returned to Wall Street in afternoon trading Wednesday, pushing the Dow down 365 points and slicing 3.4% off of the tech-packed Nasdaq, dashing hopes for a third straight day of gains on Wall Street and extending the financial pain in what has been a horrific start to the year. Earlier …

Increase In Hiring Moves Markets Up; Do You Follow Argentina’s Stock Market?

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks continued to climb on Wednesday, driven by news that businesses added  281,000 jobs last month, up from 179,000 in the previous month. The figure suggests the government’s monthly jobs report, due out Thursday, could also show a significant gain from May. Two of the three major indexes gained slightly as the …

Markets Turn Down After Positive Wednesday

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets After the nice boost the markets had yesterday, the blue sky turned grey today as the S&P 500 and Dow both closed lower. Equities seemed to come under pressure today on speculation that Federal Reserve interest rate hikes may come sooner than expected, despite word that income and spending rose as jobless …