Stock markets headed south last week as uncertainty over the political situation in Greece led many investors to question the health of the fragile currency bloc as a whole. Amidst the flurry of volatile trading on Wall Street, profit taking pressures also spread to commodities; futures prices for gold and oil both traded lower, settling below $1,600 an ounce and $96 a barrel respectively. The coming week appears to be stacked with key economic releases from both sides of the Atlantic ocean, and as such, investors will look for signs to bolster confidence in the global recovery [see also 3 ETFs For A Euro Zone Double-Dip].
After a relatively dull week on Wall Street, the coming trading days will see the heat turned up on markets as a wealth of economic data will be reported from all over the world. But that is not to say that last week did not see any developing trends, as there were a few key [...]
Stocks staged an impressive rally on Wall Street yesterday as optimism bolstered indexes higher following encouraging economic data releases. The latest ISM figure painted a bullish picture as manufacturing data, which is considered to be a leading indicator, came in stronger-than-expected; growth among U.S. manufacturers increased as the ISM came in at 54.8% for April, beating expectations of 53.3% [...]
Stocks endured a volatile trading week, the first one in a while, as investors digested a number of worse-than-expected economic data releases along with the general feelings of uncertainty that are associated with corporate earnings season. Resurfacing Euro zone debt woes also played a key role in bringing back the bears, as markets endured a rough sell-off [...]
After taking a dip lower last week, equity markets will look to shake off profit taking pressures and resume the bull-run on Wall Street. With corporate earnings season on tap to kick-off with Alcoa on Tuesday, investors will have platefuls of fresh economic data to digest throughout the trading week. In international developments, the China GDP release [...]
Stock markets retreated last week as sparse economic data releases paved the way for profit taking. This week will see a host of important fundamental news on the home front as investors digest durable goods orders, GDP, and consumer spending data. Markets are off to a hot start as Ben Bernanke’s speech on Monday morning lifted hopes [...]
Stocks tacked on gains last week although trading activity on Wall Street was quite muted considering all of the encouraging economic data releases. Indexes ended the week on a high note after a better-than-expected consumer sentiment figure, which bolstered investors’ confidence. The real challenge comes this week however, as investors prepare to digest several key [...]
This past week was relatively tame as far as important data is concerned, but that does not mean that it was without its high points. The Greek debt deal certainly sparked life in trading as the world formed their own opinions on the second bailout and whether or not it would save the drowning country. All the [...]
Markets broadly climbed higher last week amidst ongoing uncertainty stemming from the Euro zone, although this week should offer investors more concrete insights on just how the Greek bailout negotiations are moving along. Wall Street is taking the day off today in observance of Presidents Day. With no major economic data releases due out this week on the home [...]
Yet another earnings season has passed by and left us with plenty to talk about. Unfortunately, blue chip statements will no longer dominate markets, leaving us more vulnerable to news from the flailing euro zone, as evidenced by Friday’s trading day. For the next few months, investors will shift their attention back to economic data [...]
Stock markets enjoyed yet another day in green territory as investors rejoiced over encouraging economic data on the home front. The latest jobless claims report gave the bulls a reason to rally after the figure came in better-than-expected; the number of people who filed for unemployment benefits fell to 358,000, versus the expected 370,000. News [...]
