Stocks finished the day in bright green territory as Euro zone euphoria paved the way higher for equities all around the globe. One the home front, the NASDAQ led the way higher with a 2.2% gain on the day, while the S&P 500 Index climbed 1.88%. Gold and oil both went along for the ride while the U.S. dollar tumbled in the currency markets. Futures prices for the precious yellow metal closed near $1,765 an ounce while crude oil prices settled around $94 a barrel as the trading session drew to a close. Investors will be paying close attention to tomorrow U.S. unemployment report as the bulls look to extend gains into the weekend.
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After closing one of the better weeks in recent memory, investors were content to see most major asset classes finish out the week in the black. As October comes to a close and we enter the Halloween weekend, the outlook on the overall economy is anything but scary. In fact, with a stunning GDP growth, [...]
Today saw another market rally as investors grew more and more hopeful that there will be some sort of detailed plan from the European nations by the end of the day. Talks had been seemingly deadlocked and overly delayed, causing a bit of panic in equities yesterday. Today saw major steps by countries like Germany [...]
American markets rose again in Thursday trading as some of the world’s most important central banks launched a coordinated effort to provide dollar liquidity to market participants through the end of the year. Thanks to this bold move by the ECB, SNB, BOJ, and BOE, as well as coordination from the Fed, the Dow managed [...]
American equity markets started the day on a weak note thanks to troubles in Europe, but surged in the final few hours of trading on hopes of a solution in Greece. The Dow finished the day up by 1.3% while the broader indexes posted better performances, gaining 1.4% for the S&P 500 and 1.6% for [...]
Not too long ago, the Irish economy was the envy of much of the developed world. The country quickly developed a knowledge-based economy and saw high levels of growth for a number of years, thanks in large part to its ultra-low corporate tax rate which is at just 12.5%. Yet, the boom didn’t last and [...]
This past week featured yet another wild ride for equities as a number of factors combined to jolt markets up and down. The euro-zone saw heightened fears of default early in the week, as major indexes abroad lost more than 4% to open trading. Late in the week, one of the top ECB leaders stepped [...]
Today saw markets start the holiday-shortened week on an extremely rocky note as shares plunged to start the session thanks to European debt woes. The Dow, which at one point in the day was below the 11,000 mark, finished the day down jst 101 points thanks to a late session surge while the S&P 500 [...]
American stocks plunged in Thursday trading as fears over Europe and uncertainty over Bernanke’s speech plagued equities throughout the session. The Dow sank by 1.5% while the S&P 500 slumped by 1.6%, however, losses in the tech-heavy Nasdaq were even worse as that index fell by just under 2% on the day. The biggest losses seemed [...]
ETFdb.com, the independent and authoritative database of exchange-traded products, is excited to announce the introduction of an expanded and improved suite of resources that offers tools for segmenting and analyzing more than 1,300 U.S.-listed ETFs and ETNs. The combination of these new tools with the robust ETF categorization system maintained by ETFdb gives investors a [...]
This past week was yet another unstable mixture of foggy outlooks and volatile equities, pushing double dip fears into the spotlight. Though the beginning of the week saw a nice rebound in equities, a number of analysts are wary a dead cat bounce, a pattern where equities enjoy slight rebounds as they consistently trend downwards. [...]
