Equity markets started off the final trading week of the year on a mixed note, with many taking profits and locking in gains, while some cheered on the positive economic data at home. The holiday weekend wasn’t enough to inspire a full-scale Santa Claus rally like many had hoped ; the Nasdaq led with way higher, clinching a 0.25% gain, while the Dow Jones Industrial Average Lagged Behind, turning in a loss of 0.02% on the day. Gold futures inched lower as stock markets drifted sideways, with prices for the precious yellow metal settling near $1,595 an ounce as the trading session drew to a close [see ETF Insider: Slick Picks For Year End Bulls].
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Wall Street started off another week in the dumps, as markets took a nosedive to end today’s trading session. By the time the day came to a close, the Dow had lost just over 100 points while the S&P 500 suffered losses of 1.2%. Gold experienced yet another rough day as investors have seemingly lost [...]
American equity markets finished Thursday’s trading session mixed as a bearish report from JP Morgan dragged the Dow and S&P 500 lower. In fact, the Dow and S&P 500 both finished the day lower by about 0.3% while the tech-heavy Nasdaq, boosted in part by strength in giants such as Apple, Google, and Intel, rose [...]
American equity markets experienced another choppy session as traders stayed on the sidelines ahead of the fall earnings season which unofficially began after the bell with Alcoa’s report. The Dow finished the day lower by about 0.2% while the the broader indexes managed to hold on to the positives, gaining 0.05% for the S&P 500 [...]
Despite the choppy trading and continued uncertainty in Europe, American stock managed to finish the day higher pretty much across the board. The Dow rose by 0.4% while the broader indexes more than doubled the 30 stock index, as the S&P 500 rose by 0.9% and the Nasdaq gained 1.5% for the day. In commodity [...]
This past week has led to nothing but instability in markets, forcing many analysts to call for a sideways market in the near term, as stocks have posted major losses only to recover the next day for most trading sessions in recent memory. The week ended on a low note as a major board member [...]
All aboard the roller coaster! Market activity this past week was all sorts of absurd; equity indexes fluctuated wildly between huge gains one day and devastating losses the next. Investors are still visibly shaken from the debt ceiling drama of last week coupled with S&P’s downgrade of U.S. credit quality, which triggered a brutal sell [...]
Monday was a dismal day on Wall Street as investors prepared for the worst and ran far from equity markets after the release of S&P’s downgrade of U.S. credit quality to AA+ from its coveted AAA rating. Panic-selling caught on like wildfire and domestic equity indexes slid by as much as 6% on Monday alone, [...]
Wall Street plunged into the abyss last week as investors prepared for the worst after the ECB and Bank of Japan intervened in the markets, sending widespread waves of fear, and inducing one of the worst sell-offs that the market has seen since the dismal days of 2008. Domestic equity indexes fell over 4% on [...]
American equity markets continued their run in Thursday trading as a solid Chicago PMI and declining jobless claims helped markets to end the quarter on a strong note. The Dow rose by 1.3% in the session, leading the broader indexes as the Nasdaq rose by 1.2% and the S&P 500 gained 1.0%. Commodities were more [...]
American equity markets once again finished the day lower, marking the sixth straight session in the red for U.S. benchmarks. The Dow slumped by 22 points while the S&P and Nasdaq posted heavier losses of, respectively, 0.4% and 1.0% on the session. The biggest losers came in the tech and financial sectors as banks slumped [...]
