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Upbeat economic data sent stocks soaring to new record intraday and closing high levels.Thursday brought an abundance of better-than-expected economic reports which sent stocks skyward, with the major...
Investors remained realistic on Wednesday, despite an impressive GDP, better-than-expected private payroll numbers and no taper announcement.Investors managed to resist mania on Wednesday after...
Stocks declined slightly on Monday as investors remained anxious about the week’s truckload of economic data and the FOMC monetary policy meeting. Investor anxiety was the primary factor keeping...
Dow Jones Industrial Average keeps win streak alive for another weekThe Dow Jones Industrial Average (DIA) finished in the green for the week ending July 26, 2013, with a gain of 0.1%. The S&P 500...
If quantitative easing really ends, earnings might actually matter again In recent years, global stock markets have sliced and diced every word from the Federal Reserve as quantitative easing has been...
After taking a hard fall in the morning, stocks regained momentum through the session to finish in positive territory. Stocks were in the red at the opening bell on Friday and they immediately set...
Punchbowl separation anxiety overshadows upbeat earnings and economic reports, sending stocks lower.Widespread investor concern about the dreaded taper of the Federal Reserve’s bond-buying...
Although Tuesday ended the run of record-high closes for the Russell 2000 Index, the Dow Jones Industrial Average finished in positive territory.Who would have thought that the string of record-high...
Bank stocks had a big day on Monday, as a huge earnings reporting week begins. Monday brought big gains for bank stocks, despite a disappointing report from the National Association of Realtors,...
Do earnings and fundamentals even matter anymore or does the market only care about Ben Bernanke and the Federal Reserve?Last week’s earnings reports were dismal, to say the least, and yet...
Dow Jones Industrial Average sets new record closing high as earnings disappointThe Dow Jones Industrial Average (DIA) set a new record closing high on Thursday at 15,548.54. The S&P 500 (SPY)...
Investors fail to get spooked by Friday’s tech sector swoon as S&P 500 closes at a new record high.Investors were not surprised by Detroit’s filing for Chapter 9 bankruptcy. After all,...
New stock market records were set on Thursday as the Dow, S&P 500 and Russell 2000 indices set the bar higher. Ben Bernanke must have been relieved that his testimony before the Senate Banking...
Stocks rebounded on Wednesday as Ben Bernanke reminded Congress that the dreaded “taper” would be triggered by data rather than a date.Wednesday’s big event was Federal Reserve...
As Goldman Sachs watched its share price sink on Tuesday, it downgraded the auto industry and dragged down the entire stock market.They say that misery seeks company and on Tuesday, Goldman Sachs...
Monday brought the stock market to new record-high closing levels for the Dow, the S&P 500 and the Russell 2000. The stock market managed to break new records on Monday, despite a disappointing...
Dow Jones Industrial Average notches another record. Stocks moved higher this week to log record high closes for the Dow Jones Industrial Average (DIA) and S&P 500. (SPY) The Dow Jones Industrial...