Equity indexes tumbled lower across the board as selling pressures spilled over from last week. Investors expressed their concerns over last Friday’s employment report, which came in worse-than-expected, despite the fact that Wall Street was on break in observance of Good Friday. On the home front, the S&P 500 Index led the way lower, shedding 1.14% to start off the week, while the Dow Jones Industrial Average held its ground best, losing 1% on the day [see also ETF Insider: Will The Bears Crash Earnings Season?].
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After the best opening quarter in 14 years, skepticism is beginning to grow on Wall Street. Many investors fear that we will be unable to maintain the growth that equity markets have enjoyed, as a number of factors combine to give a cautious outlook. For starters, the Fed’s commentary that the economy needs to grow [...]
After a long wait, this week will kick off earnings season, as investors around the world will be looking to see how the corporate sector has fared over the last three months. Though stock markets have been able to rally for the first quarter of 2012, some are worried that individual companies have not followed [...]
Stocks extended their losses from yesterday as the bears stuck around on Wall Street. Selling pressures carried over as investors were quite displeased to hear from the FOMC on Tuesday that additional stimulus measures would be unlikely at this time. Profit taking continued as investors dialed back their risk appetites even further; the Nasdaq led the way [...]
Bearish pressures took hold of Wall Street on Tuesday as investors broadly pulled the sell trigger following the latest FOMC meeting. The Fed minutes revealed that central bank members “generally agreed that the economic outlook, while a bit stronger overall, was broadly similar to that at the time of their January meeting”. Equity markets were [...]
The final trading session of the quarter saw major equity benchmarks leap forward, closing out the week on a high note. “Friday’s gains capped a stellar three months for stocks, with the Dow and S&P posting the biggest first-quarter gain since 1998. Despite Friday’s decline, the Nasdaq had its best first quarter since 1991, according [...]
Domestic equities gave up gains from Monday’s steep rally today as disappointing economic data sparked concerns and profit taking pressures followed. Selling pressures accelerated towards the end of the trading session and major equity indexes finished the day in red territory. The Nasdaq proved most resilient, shedding 0.07% on the day, while the Dow Jones Industrial Average [...]
As we kick off the final week of March, investors will have to dig for significant market-moving events in the coming trading days. Though the month has been packed with significant economic data, this week will be relatively slow save for a few U.S. reports. Fed Chairman Ben Bernanke spoke on Monday, commenting on the [...]
Domestic equity markets got off to an explosive start as Fed Chairman Ben Bernanke expressed his concerns regarding the ongoing recovery and reaffirmed his support of accommodative policies as deemed necessary. Stocks rallied higher as investors were relieved to see that the central bank is committed to promoting the recovery even if it entails another round [...]
Thursday marked the third straight loss for major benchmarks, as it seems more than likely that markets will post a losing week by the time tomorrow comes to an end. Lackluster data as well as some necessary profit taking have been the main culprits of market troubles, as many investors are eager to realize their [...]
Markets had another slow day, as most major benchmarks straddled the break-even line for the session. The Dow fell by 45.5 points while the S&P 500 lost a meager 0.2%, leading to a second straight down day for markets. Though losses over the past few days have been relatively mild, investors are looking for Wall [...]
