[Chart courtesy of MarketWatch.com] Index ETFs advanced Tuesday, with the S&P 500 Index rebounding to within two points of its record and the Dow Industrials hitting a new high, after US durable goods orders rose more than estimated in February and home prices jumped the most since June 2006. The Commerce Department reported orders for durable goods rose 5.7 percent …
US Stock Indexes Decline As Europe, Oracle Weighs; Europe Slides On German Data
[Chart courtesy of MarketWatch.com] US stocks slumped today, posting there biggest slide in nearly a month, as weak eurozone economic data, the continued crisis in Cyprus and disappointing quarterly earnings of Oracle Corp. eclipsed better-than-estimated American economic data. Early Thursday, the European Central Bank said it may cut off emergency funding to Cypriot banks if it fails to reach a …
Jobless Data Lifts S&P 500 To Near Record; Europe Stocks Rise To 4 ½ Year High On US Rally
[Chart courtesy of MarketWatch.com] US stocks climbed today, sending the Standard & Poor’s 500 index within two points of its all-time closing high and lifting the Dow to yet another record high, after government data showed jobless claims dropped unexpectedly last week to the lowest level in almost two months in a sign the economy is expanding. Earlier in the …
Dow Records Longest Winning Streak Since 1996 On Retail Sales; Europe Lower On Data, Italy Auction
[Chart courtesy of MarketWatch.com] Domestic equities rose marginally with the Dow Industrials capping its longest wining streak since 1996 after data showed retail sales increased in February the most in five months, bolstering confidence in the world’s largest economy. Economic numbers from Europe dampened sentiment before markets opened today. Data released by the EU statistics office showed industrial production fell …
Stocks Close Mostly Lower, But Dow Hits Record; European Stocks End Flat
[Chart courtesy of MarketWatch.com] US stocks closed mostly lower Tuesday as the S&P 500 snapped a seven day winning spree, but the blue-chip Dow Industrials staged a late-session turnaround to finish at a record high for the sixth straight day. Meanwhile, amid the continuing saga of Washington’s budget wars, House Republicans introduced a plan to cut the deficit to $528 …
Index ETFs Continue Record Run As S&P Nears Record High; Europe Eases On Italy
[Chart courtesy of MarketWatch.com] US indexes continued their record run Monday with the S&P 500 rising within nine points of the all-time high, while a gauge of market volatility slipping to the lowest level in six years as banks rallied and Apple Inc gained. Stocks tumbled earlier after National Bureau of Statistics data showed Chinese industrial output grew 9.9 percent …