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American equity markets plunged to start the month of August as severe weakness in the ISM manufacturing survey sank stocks to start the week. However, markets rebounded about half way through the day as hopes of a solid debt deal carried markets higher to finish the session close to breakeven. The Dow fell by 0.1% while the broader indexes saw heavier losses of 0.4% each, as weakness in the health care segment carried these benchmarks to the downside. [click to continue…]

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Debt worries crushed American equities once again in Tuesday trading as all three of the major benchmarks started the day in the red and failed to come back into the green to close out the session. The Dow led on the downside falling by 0.7% while the S&P 500 fell by 0.4% and the Nasdaq dipped by 0.1% in comparison. Solid performances out of TLAB and BRCM helped to carry the tech sector ahead of the other corners of the market on what was otherwise another rocky day. In commodity markets, most resources finished the day higher as most energy and soft commodities rose, led by a 1% gain in RBOB futures and a 4.1% jump in sugar prices. [click to continue…]

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American equity markets were mixed to close out the week as earnings and a debt deal in Greece weighed on stocks. The Dow finished the day lower by 0.3%, dragged down by a weak report from CAT, while the S&P 500 (up 0.1%), and the Nasdaq (up 0.9%), both finished in the green for the […]

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U.S. stocks finished Wednesday’s choppy session in the red as financials and utilities continued to rally, while tech and health care tumbled on the day. The Dow and the S&P 500 both fell slightly by 0.1% while the Nasdaq had a much tougher session, sinking by 0.4% in comparison, led by losses in Microsoft and […]

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U.S. indexes finished Tuesday markedly higher as solid economic data reports helped to carry the day for American equities. “The retail number, which was lousy, was better than expected, and Best Buy’s earnings are a strong indication that second-quarter profits will be pretty good,” said Jack Ablin, chief investment officer at Harris Private Bank. This led […]

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U.S. equity markets snapped their three day losing streak in Wednesday’s session as broad gains in the basic materials and technology sectors carried the markets. The Dow finished ahead by 38 points while the S&P 500 gained a similar amount percentage wise, rising by 0.3%. Meanwhile, the Nasdaq, which has been the worst performing of […]

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Although U.S. stocks experienced a rough start to trading, then soon recovered and finished the day with decent gains. The Dow finished the day up 66 points to close just below the 12,700 mark while the S&P 500 and the Nasdaq gained 0.5% and 0.6%, respectively. Most commodities also rebounded on the day as gold […]

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U.S. stocks closed out the week, and April, on a high note as a weak dollar and a strong report from Caterpillar helped to boost markets heading into May. The Dow led the three major indexes in Friday trading, gaining 0.4% on the day while the S&P 500 rose 0.2% and the Nasdaq clung to […]

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U.S. equity markets managed to bounce back after Tuesday’s slide, with most major indexes finishing in positive territory as strength in the technology and some basic material names helped to carry equities higher. The Dow rose by a modest seven points while the S&P 500 finished flat and the Nasdaq led the way, posting a […]

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U.S. equity markets rose modestly in the session as strong performances in the financial sector helped to carry the markets higher on the day. The Dow rose by 33 points while the Nasdaq and S&P 500 posted similar gains of 0.3% and 0.2%, respectively. Commodity markets also finished broadly higher, as oil trended to the […]

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American equity markets rose modestly across the board in Wednesday trading as a solid figure from the ADP employment report helped to buoy stocks. The Dow rose by 71 points on the day while the broader indexes– specifically, the Nasdaq and S&P 500– managed to post more robust gains of 0.7% each in the session. […]

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Despite a reasonably strong start to the day, American equity markets finished the day slightly below where they started. The Dow was off by a single point while the S&P 500 finished down by 0.1% and the Nasdaq slumped by 0.5% as broad weakness in the semiconductor segment helped to make the tech-heavy index the […]

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