The major indices closed the week with only modest declines after Fed Chairman Bernanke fueled a large rally on Friday, helping to offset some of the growing concerns regarding the pace of the economic recovery. The late sprint in the week came, after the markets remained shaky for the early part of the week, as [...]
The stocks failed to hold on the sizeable gains of the previous week, as weak economic indicators turned the market cautious. Stocks had sizeable gains heading into the end of the week as better-than-expected earnings from several corporate giants like Aloca and Intel helped stimulate buying interest. But the major indices turned into the red [...]
As the major indices going through the consolidation phase, there are not that much to be updated, so I decided to go over my favorite stocks… Source
Hello everyone this is Adam Hewison. I just got back from New Zealand and Australia and when I returned from “down under” and studied the charts this past weekend, I can see that the major indices have not fared well while I was away… Source
Major indices ended lower on Wednesday following 3-days of gains as the drop in new home construction and worrisome outlook from the tech companies made investors cautious. Markets opened lower and traded lower for most of the day. However, the market pared some gains and closed marginally negative… Source
Major indices managed to end the session in positive territory as energy related stocks helped to offset the weak outlook from retail giants. Stocks opened lower but managed to end the session marginally higher. As the interest rates are at historical low, cheap money is been put into risky assets, driving up the prices of [...]
Major indices ended higher on Monday and closed at fresh 2009 highs as weak dollar pushed a broad based advance in equities. Fed Chairman Ben Bernanke said that rising unemployment and weak lending are the two primary threats to the economic recovery… Source
Stocks remained mixed in the early part of the session, before all the three major indices took a plunge during the later half of the day. The Dow Industrial Average slipped by 93.79 points during Thursday session, or around 0.91%. The S&P also ended weaker with losses of around 1%, and even Nasdaq Composite index [...]
Major indices ended higher on Thursday as better than expected economic reports and positive results from Cisco Systems lifted market sentiment and pushed the Dow Jones above 10,000 levels. The advance was broad-based. Data showed U.S. non-farm productivity rose more than expected in the third quarter. Non-farm productivity rose at the fastest pace in 6 [...]
Major indices ended mixed on Wednesday and gave up a big part of the day’s rally after the Fed reiterated its intent to keep the interest rate low for an extended period of time. The Dow climbed as high as 9,928.04, while the S&P 500 hit an intraday high at 1,061.00 and the Nasdaq touched [...]
The S&P 500 is up 53 percent and GDP grew at 3.5 percent, but unemployment is sky high and consumers are still rolling over… what gives? Slate’s Daniel Gross suggests that “the notion the stock market is an accurate gauge of the domestic economy’s temperature is outdated.” The reason? As he sees it the major [...]
Major indices ended mixed on Tuesday after a volatile day of trade on the Street. Investors shrugged off positive news flow and led the markets lower during the initial hours of trade. Markets have been cautious from last few sessions following some negative news flow and there is also a concern that the stock markets [...]
Major indices ended the session mixed after a strong rally in last few trading sessions. This phenomenon has been pursuing during this rally over the past three months as the markets have consolidated after a big run up before steaming up again… Source
All the major indices extended previous session gains amid the news that Australia’s Reserve Bank has hiked its key lending rates by 25 basis points. Australia became the first major economy to hike its interest rates after the start of the credit crisis. Global market participants were encouraged by the act, since it suggests that [...]
