[Chart courtesy of MarketWatch.com] U.S. equity markets finished near their lows in a volatile session following a four day rally in the Standard & Poor’s 500 Index, as yesterday’s optimism that a deal among U.S. lawmakers was close seemed to slip away in the wake of continued bickering among the political parties that have stalled the talks. After the market …
Bulls Out In Force
[Chart courtesy of MarketWatch.com] Domestic stock markets surged to close at the highs of the day, marking the second-best single day gains year-to-date, on signs that the fiscal stalemate on Capitol Hill may be beginning to thaw. The Dow rocketed over 300 points while the market rally left the S&P 500 less than 2 percent away from its record closing …
Floating Lower
[Chart courtesy of MarketWatch.com] Domestic equities slipped for the second-straight session on Thursday, with the Standard & Poor’s 500 Index dropping the most in a month, as global and domestic investors continue to anxiously await resolutions from Congress to solve Washington’s budget crisis. The situation has now partially shut down the government for three days, while the debt ceiling limit …
Major Index ETFs Slip And Slide As Spending Battle Begins
[Chart courtesy of MarketWatch.com] Domestic equity markets fell today and the S&P 500 put in a fifth day of losses, its longest losing streak since the end of 2012, following some diverging domestic economic reports. Including today’s decline, the benchmark index has surrendered 1.9% since last Thursday. Treasuries were higher amid the U.S. fiscal uncertainty and after durable goods orders …
Traders Say “Thanks, Fed”
[Chart courtesy of MarketWatch.com] Domestic equity markets erased early losses and closed the trading session solidly higher after the Federal Open Market Committee failed to announce plans to reduce the pace of its asset purchases, as many had expected. The S&P 500 jumped 1.2%, erasing an earlier decline of as much as 0.3 percent and closing at a record high …
Stock Indexes Quietly Advance Ahead Of Fed’s Decision
[Chart courtesy of MarketWatch.com] Amid a benign read on consumer price inflation and a report that showed homebuilder sentiment remains near an eight-year high, U.S. equities advanced on Tuesday on expectations the Federal Reserve will make only moderate changes to its stimulus at the conclusion of its two-day meeting. There wasn’t a whole lot of trading action as volume was …