Posts tagged as:

EWY

Domestic equities broadly got off to a strong start only to fall victim to profit taking pressures in the final hours of trading. Stimulus hopes and employment data paved the way for back-and-forth trading for major equity indexes on the home front; the Dow Jones Industrial Average managed to clinch a gain of 0.37% as the closing bell rang , while the Nasdaq and S&P 500 Index both finished the day with minor losses in red territory [see also Jim Rogers Says: Buy Commodities Now, Or You'll Hate Yourself Later].

[click to continue…]

{ Comments on this entry are closed }

The bears strolled through Wall Street yet again as looming uncertainties coupled with fresh worries from the latest Fed minutes paved the way lower for major equity benchmarks. On Wall Street, the Nasdaq led the way lower, shedding 0.68% on the day, while the Dow Jones Industrial Average held its ground best, losing just 0.26% as the closing bell rang. Gold and oil followed stocks lower for another session; futures prices for these two commodities settled near $1,540 an ounce and $92.60 a barrel respectively as the trading session drew to a close [see also 3 ETFs For A Euro Zone Double-Dip]. 

[click to continue…]

{ Comments on this entry are closed }

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 […]

{ Comments on this entry are closed }

Equity markets around the globe plunged lower as ongoing Euro zone debt woes continue to weigh down on investor’s confidence, while resurfacing deficit drama in the U.S. only added to the growing cloud of uncertainty. The Dow Jones Industrial Average led the way lower, plunging 2.11% on the day, while the S&P 500 was the […]

{ Comments on this entry are closed }

American equity markets were crushed in Thursday’s trading session as fears of a double-dip recession hit the market hard. The Dow finished the day down just over 3.5% while the broader indexes managed to post slightly better days, losing 3.3% for the Nasdaq and 3.2% for the S&P 500. Obviously, losses were pretty bad all […]

{ Comments on this entry are closed }

Job creation–or the lack thereof–has taken center stage throughout much of the developed world, emerging as one of the most substantial hurdles to economic growth and potential catalysts of a double dip recession. The jobs situation in the U.S. is shaping up to be the central issue in the next presidential election, sticking out as […]

{ Comments on this entry are closed }

Markets ended a four week losing streak as Bernanke’s speech at Jackson Hole, Wyoming calmed investor fears and sent many rushing into equities. Although the Chairman didn’t announce further easing measures, he did note that the FOMC would consider all the options at a two day meeting of the board in September. Thanks to hopes […]

{ Comments on this entry are closed }

American markets were rangebound for much of the day until shortly before the close when Moody’s downgraded Ireland to ‘junk‘ sending equities plunging to finish Tuesday trading. The Dow and the Nasdaq led on the downside as the DJIA fell by 0.5% and the Nasdaq sank by 0.7% while the broader S&P 500 managed to […]

{ Comments on this entry are closed }

American stock markets slumped again in Friday trading, marking the sixth straight week of losses for the Dow, the longest weekly streak in nine years. The 30 stock benchmark finished the day down 172 points while the broader indexes suffered similar losses as well, as the S&P 500 fell by 1.4% and the Nasdaq slid […]

{ Comments on this entry are closed }

Stock markets carried their momentum from Wednesday trading into today’s session as all of the major benchmarks managed to finish in the green once again, thanks to strength from the tech sector. The Dow gained just 0.1%, and was largely outshadowed by the 0.4% gain in the S&P 500 and the 0.8% jump in the tech-heavy Nasdaq […]

{ Comments on this entry are closed }

U.S. equity markets sank across the board as fears over the Euro zone and debt in Spain and Italy led to a broad sell off. The Dow finished the day down 131 points while the S&P 500 and the Nasdaq slumped by 1.2% and 1.6%, respectively, as a 3.2% loss from tech giant Oracle pushed […]

{ Comments on this entry are closed }

U.S. equities were fairly flat on Wednesday but managed to post a respectable gain for the day after lunchtime following the FOMC meeting. Fed officials were divided on when and just how aggressively to start tightening monetary policy, nonetheless the FOMC was unanimous in its decision to complete its $600 billion bond-buying program in June […]

{ Comments on this entry are closed }