The major indices finished a choppy week on a mixed note as stocks sagged on chilly economic data. While the S&P 500 and Dow moved lower, the Nasdaq Composite posted its third weekly gain on upbeat news in the tech sector. For the week, the S&P 500 lost 0.1%, the Dow slid 0.3%, and the [...]Read more >
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The stock market ended an upbeat week on a positive note, buoyed by reassuring remarks by new Fed chairman Janet Yellen. Though the week saw reduced volume as some investors sat on the sidelines, stocks rallied impressively, giving us hope that markets have shaken off the January blahs. For the week, the S&P 500 and [...]Read more >
After several weeks of gloom, U.S. stocks rallied last week to erase some losses and post the best two-day gain in four months. Both the Dow and the S&P 500 had their best week of the year thus far, gaining 0.6% and 0.8% respectively, while the Nasdaq gained 0.5%.  Friday’s employment situation report delivered [...]Read more >
Markets had another rough week, with stocks driven lower by fears about the growing emerging market currency crisis. For the week, the S&P 500 lost 0.43%, the Dow fell 1.14%, and the Nasdaq declined 0.59%. The month of January also ended on a low note, with the S&P 500 falling 3.56%, the Dow losing 5.30%, [...]Read more >
Markets slid considerably last week after investors were rattled by a confluence of events in emerging markets. For the week, the S&P 500 fell 2.63%, the Dow sank 3.52%, and the Nasdaq dropped 1.65%. What were the international events that fueled the sell off? Chinese manufacturing activity contracted in January for the first time in [...]Read more >
Markets ended the week mixed as markets responded to some lackluster Q4 earnings reports. For the week, the S&P 500 lost 0.20%, the Dow gained 0.13%, and the Nasdaq gained 0.55%.  Earnings reports contributed to the volatility investors saw in markets last week. Though earnings season is still young, companies seem to be beating [...]Read more >
Markets stalled in the first full week of 2014, with major indices ending on a mixed note. For the week, the S&P 500 gained 0.6%, the Dow lost 0.2%, and the Nasdaq rose 1.03%.  Friday’s December Employment Situation report showed that job growth slowed significantly in December, adding just 74,000 new jobs. This was [...]Read more >
Now that 2013 is behind us, let’s take a look at the events that shaped markets last year and consider what may lie ahead in 2014. 2013 was the year that investors finally became confident in the economic recovery and poured their enthusiasm into equities. Despite significant volatility, stocks soared to new heights, giving the [...]Read more >
Stocks closed out their second week of gains despite the short trading week with the Dow and S&P 500 hovering near record highs. The S&P 500 gained 1.27%, the Dow grew 1.59%, and the Nasdaq increased 1.26%. Investors got some good economic news last week. Consumer sentiment rose in December to its highest level in [...]Read more >
Stocks broke their losing streak and rallied on the long-awaited Fed taper and positive economic news. The S&P 500 and Dow both finished out the week at record closes. For the week, the S&P 500 gained 2.42%, the Dow surged 2.96%, and the Nasdaq grew 2.59%. Stock market activity last week shows that good news [...]Read more >