Monday brings more new highs (S&P 500) and new lows (Spanish bond yields)
The Dow, S&P 500 and NASDAQ all hit new highs on Monday, all-time highs in the case of the Dow and S&P 500 and a 14½-year high for NASDAQ. The Dow’s gain was a skimpy eight points or 0.04%, but...
View ArticleStocks basically unchanged as economic reports diverge
U.S. stocks were little changed on Tuesday, either because traders and investors were already leaving to start the Thanksgiving holiday or because today’s economic reports provided little in the way of...
View ArticleFalling oil prices: too much of a good thing?
U.S. stock market averages sold off by 0.6% (DJIA) to 0.8% (NASDAQ) on Monday, as plummeting crude oil prices took oil stocks lower, with most other sectors following suit. Previously, non-energy...
View ArticleStrong GDP revision boosts Dow past 18000
A much stronger than expected upward revision in third quarter U.S. GDP growth and a better than forecast consumer spending report for November helped push both the Dow and the S&P 500 to new...
View ArticleStocks slump, bonds rise in January while Europe outperforms
U.S. stocks were down Friday, for the week and for the month. The catalyst for Friday’s sell-off seemed to be the release of the “advance” fourth quarter GDP report, which came in well below forecasts....
View ArticleGlobal stocks record strong gains for February
U.S. stocks were lower on Friday and little changed for the week, but were up strongly for the month of February. NASDAQ led the way with a 7.1% monthly rise, while both the Dow and the S&P 500...
View ArticleWeek in Review March 30, 2015
Friday’s gains weren’t nearly enough to overcome the losses of the first four days of last week, as the three major U.S. equity indexes all fell more than 2%, erasing most of the previous week’s gains....
View ArticleWeek in Review May 4, 2015
Friday’s 1% gains weren’t enough to keep the major U.S. equity averages from ending in the red last week. NASDAQ had the biggest loss among the three major indexes, falling 1.7%, while the Dow and the...
View ArticleWeek in Review June 1, 2015
U.S. stocks scored gains for the month of May despite ending in the red in the final week. Both the S&P 500 and the Dow rose 1% in price in May after falling 0.8% and 1.1%, respectively, last week....
View ArticleWeek in Review August 3, 2015
U.S. stocks rebounded modestly last week following the previous week’s big losses, ending July in the green. NASDAQ had the best gain for the month, up 2.8%, after gaining 0.8% last week, while the...
View ArticleDeclines in Global Stocks and Commodities
After a prolonged period of low volatility, the S&P 500 declined 8% through August 24th of this year followed by declines in global stocks and commodities. From its high on May 21, 2015, the...
View ArticleWeek in Review August 30, 2015
Ending one of the most volatile trading weeks in history, U.S. stocks managed to end last week in positive territory. The Dow Jones Industrial Average, down nearly 5% at the close of trading on...
View ArticleWeek in Review September 6, 2015
Stocks continued their slide into the first week of September. After falling more than 6% in August, U.S. stocks lost another 3% last week, with about half of the damage coming on Friday after the...
View ArticleWeek in Review September 20, 2015
Stocks in the U.S. and Europe dropped sharply late last week after the Federal Reserve opted to sit tight on raising interest rates at its monetary policy meeting on Thursday, mainly citing recent...
View ArticleWeek in Review September 28, 2015
Global stocks were down again last week, for the second week in a row and the third time in the past four weeks. Stocks did get a brief boost on Friday after Federal Reserve Chair Janet Yellen, in a...
View ArticleWeek in Review October 12, 2015
The first full week of the fourth quarter was a good one for global stocks, with the major indexes erasing a good chunk of their steep third-quarter losses. The markets stayed in rally mode after the...
View ArticleWeek in Review October 19, 2015
U.S. stocks were higher for a third straight week last week, buoyed by some better than expected corporate earnings reports and increasing belief that the Federal Reserve will need to hold off raising...
View ArticleWeek in Review December 25, 2015
Investors got into the Christmas spirit last week, bidding up the prices of U.S. stocks to their best week in over a month. Boosted by a strong rebound in oil prices, which jumped 10%, the major U.S....
View ArticleWeek in Review January 29, 2016
A huge rally last Friday kicked off by the Bank of Japan’s surprise decision to cut interest rates to below zero was enough to boost most major global averages into the green last week but not nearly...
View ArticleWeek in Review February 26, 2016
U.S. stocks rose for the second week in a row last week and are poised to end February mostly with gains with just Leap Year Day to go. Both the Dow and the S&P 500 rose about 1.5% last week in...
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