[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets fell from their 4-day winning streak today as the S&P 500 gave back 0.74%, the Dow dropped 0.93% and the Nasdaq declined 0.83%. The Dow is now officially back in the red for the year. Despite the slide today, the market remains in better shape than it was a week earlier, …
Markets Move From Feast To Famine—International TTI Slips Into Bear Market Territory
[Chart courtesy of MarketWatch.com] 1. Moving the Markets In an about face from yesterday’s dead-cat-bounce, stocks took a big hit today. Losses across the board were the worst slide in two months. The Dow dropped 1.53%, the S&P 500 fell 1.62% and the Nasdaq trumped all with a 1.94% tumble. Apple (AAPL) was the culprit in the tech stocks’ decline, …
Stocks Stumble Out Of The Gate To Start Off The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, the stock market did not start the week with a bang by any means. The Dow dropped 0.6% from its record close on Friday, the S&P 500 fell 0.8% and the Nasdaq plunged a whopping 1.1%. A disappointing home sales report also added to the negative tone on Wall Street today. …
Stocks Start Off The Week Sub-Par As Oil Prices Fall
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets ended the day somewhat mixed as the S&P dropped 0.3%, but stayed above the 2000 mark. The Dow also fell 0.2%, while the Nasdaq gained a slight 0.2% In corporate news, Yahoo (YHOO) shares rose 5.6% after we heard today that Alibaba filed for its initial public offering and started …
Markets Bounce Higher; Responding Well To Yellen’s Speech
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Wednesday was a rather uneventful day across the board with the S&P 500 and Dow climbing and the Nasdaq stumbling. Tech stocks continued to fall out of favor as worries of overvaluation continue to be the culprit. A number of Nasdaq listed stocks have taken quite a beating over the past two …
Equities Continue Trending Upward On Positive U.S. And China News
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. markets are up for a third day in a row. Investors drove stock prices to their highest level in a week today, encouraged by a crop of corporate earnings and reassuring U.S. and Chinese economic data. Yahoo (YHOO) presented the public with a positive earnings report late Tuesday that ignited big …