Equity markets endured a rocky day of trading as mixed economic data paved the way for profit-taking and relatively light-volume price action. The Dow Jones Industrial Average proved most resilient, gaining 0.17% on the day, while the Nasdaq lagged behind, slipping into negative territory and closing down 0.01%. Conglomerates and industrial goods stocks led the way higher after a positive factory orders report on the home front, while health care stocks and financials sank as investors gave into profit-taking pressures [see also Inside The Simple, Surprisingly Effective Dividend ETF].
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Equity markets started off the new year in bright green territory as indexes across the board soared higher, bolstered by returning bulls from holiday break. The Nasdaq led the way higher, clinching gains of 1.67% on the day, while the Dow Jones Industrial Average lagged behind, gaining 1.47%. Basic materials stocks surged ahead alongside financials [...]
Wednesday was a sour day for the markets are resurfacing Euro zone debt woes stemming from the latest Italian bond auction sparked a wave of risk-aversion as traders flocked to U.S. Treasuries and the dollar. The Nasdaq led the way lower, sinking 1.34% on the day, while the Dow Jones Industrial Average held its ground [...]
Equity markets inched higher last week as news from the Euro zone was sparse, while economic data releases on the home front surprised to the upside. The final trading week of one of the most volatile periods in financial history is sure to abundant with more of the same: excitement, drama, and perhaps even the [...]
Equity markets drifted sideways on Wednesday as investors digested good news from overseas along with worrisome corporate results at home. The Nasdaq led the way lower, sinking 0.99% on the day, after tech juggernaut Oracle posted disappointing earnings. The S&P 500 Index managed to gain 0.20% ahead of tomorrow’s U.S. GDP report, while the Dow [...]
Investors rejoiced as Tuesday turned out to be a massive day for most asset classes. The Dow racked up an impressive 340 point gain while the S&P jumped by nearly 3%. 10 year bond prices saw a stellar jump of nearly 6.2% on euro hopes as well as better than expected housing starts, bringing markets [...]
Today brought welcomed news to markets as the euro zone was able to reach an agreement on a budget deal. U.S. markets enjoyed strong days as a result, with the Dow jumping by 186 points, the NASDAQ jumping by 1.9%, and the S&P 500 enjoying a 1.7% gain on the day. The biggest winner came [...]
Investors were spooked today by more bad news from Europe as the ECB made an unexpected move. Almost every major asset class took a nosedive on the day as traders feel that Friday’s European summit will not bring the good news that many had been hoping for. The DOW lobbed off nearly 200 points and [...]
Markets got off to a rocky start as unfavorable news from Europe put a damper on the day from the beginning. Though major indexes started off down about 1%, both the Dow and S&P were able to go positive on the day, just barely finishing above level. 10 year bonds took the biggest hit on [...]
Today saw markets hold their ground after yesterday’s strong performance. The day finished out with the Dow adding 32 points and the S&P 500 jumping 0.22%. 10 year bonds saw a healthy jump of nearly 2%, giving investors hope that the positive figures that have been rolling in for the U.S. are starting to piece [...]
Equity indexes were fairly flat on Tuesday, oscillating between small gains and losses throughout much of the day, with the bears coming out on top as the trading session drew to a close. The Dow Jones Industrial Average led the way lower on Wall Street, sinking 0.46% on the day, while the NASDAQ proved to [...]
