[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street’s worst opening to a new year since 2008 got even uglier today when repeated waves of selling sent the Dow tumbling almost 400 points and the Nasdaq into correction territory amid a global stock rout that started when China halted trading in its market again following a 7% plunge. The …
China, Korea Both Impacting U.S. Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets 2016 has been awful so far for the bulls, with the Dow logging its worst three-day stretch in a new year since the financial-crisis days of 2008. All major indexes closed at least 1.15% lower today and there were no signs of a change to come. Some news agencies are blaming the …
No Headaches For Investors Tuesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street entered the second day of trading of 2016 on the defensive as investors still reeled from a global stock sell-off Monday and evaluated the most recent steps taken by Chinese authorities to stabilize markets and reduce jitters. Overnight, shares in mainland China stabilized with the help once again from government …
New Year, Old Problems = Sour Start To 2016
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks around the world plunged on the first trading day of 2016, with the Dow diving 470 points in intraday trading before moderating its losses amid fresh signs of slowing growth in China, the world’s second-biggest economy. All three major indexes got spanked as the chart above shows. 2016’s rocky beginning came …
2015 Ends With An Ugly Close
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed out the final trading day of 2015 with both the Dow and S&P 500 suffering their first year of negative returns since 2008 when the financial crisis was in full swing. Both benchmarks were on the verge of a positive year at the start of today’s trading session, with …
Volatility Remains The Word Of 2015
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell Wednesday, with losses accelerating towards the closing bell. This is the next-to-last day of trading in 2015, which has turned out to be a disappointing year for investors that have seen stocks trade sideways and post flat return for the most part. After today’s trading session, the S&P 500 is …