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Market Wrap For June 11: Momentum Hit, Dow Suffers Triple Digit Loss
Wednesday, June 11, 2014 - 4:36pm | 2008Read More...U.S. stocks appeared to run out of momentum, at least for the time being, after the the World Bank cut its global growth outlook. Citing a bitter winter in the U.S., a weaker outlook from emerging markets such as Russia and China, the World Bank expects the global economy to grow 2.8 percent...
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Market Wrap For June 4: Markets Slightly Higher On Light Volume, Beige Book
Wednesday, June 4, 2014 - 4:38pm | 2314Read More...U.S. stocks were moderately higher as the S&P 500 continues to reach new highs. Investors found plenty of positives after the Federal Reserve released its summary of commentary on current economic conditions, also known as the “Beige Book.” “All twelve Federal Reserve...
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Market Wrap For May 14: Dow's Winning Streak Ends At Five Sessions
Wednesday, May 14, 2014 - 4:47pm | 2536Read More...U.S. stocks declined a day after the S&P 500 and Dow indices traded at record-high levels. Investors and traders were likely paying attention to the ten-year Treasury yield which hit 2.5258, the lowest level since late October. The bull market has paused, temporarily at least, until...
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Market Wrap For May 7: Dow Banks Triple-Digit Point Gain While Nasdaq Closes Lower
Wednesday, May 7, 2014 - 4:35pm | 2687Read More...U.S. stocks were mixed as Federal Reserve Chair Janet Yellen presented a prepared testimony which did not rattle investors. The Dow posted a triple-digit point gain after falling 43 points. The Nasdaq, on the other hand, declined as many momentum and Internet names were hit hard. Russian...
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Market Wrap For February 26: Markets Slightly Higher On Housing Data
Wednesday, February 26, 2014 - 5:49pm | 2763Read More...U.S. stocks ended the day in positive territory following a volatility trading session in which the Nasdaq index hit a 14 year high and the S&P 500 index was pushed back in to record territory. Investors found housing data to be encouraging news as the three major indices finished the day...
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Market Wrap For Febuary 20: S&P 500 Inches Closer To New Highs
Thursday, February 20, 2014 - 5:46pm | 3262Read More...U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected while consumer prices met expectations and rose slightly. Data from the...
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Market Wrap For November 4: Economy Is Steady, Tapering Could Be Around The Corner
Wednesday, December 4, 2013 - 6:16pm | 2104Read More...Stock futures declined before the equity markets opened after the ADP employment report showed a higher than expected 215,000 jobs were added during the month of November. Investors and traders were spooked by the report that solidifies the Fed's case to begin tapering. Traders and investors...
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Crude Inventories Lower Than Expected
Wednesday, December 22, 2010 - 11:35am | 72Read More...Crude supplies were just released and there was a huge draw this week. Crude supplies fell 5.3 million barrels this past week. Gasoline supplies rose 2.4 million barrels, while distillate supplies fell 600,000 barrels. Oil prices are higher after the report, with a barrel of January crude...
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Crude Inventories Better Than Expected
Wednesday, December 15, 2010 - 11:36am | 71Read More...Crude inventories were just released and they came in better than expected for oil bulls. Oil supplies fell from last week 9.85 million barrels, versus the drop of 2.7 million barrels economists estimated. Distillate supplies rose 1.09 million barrels, versus expectations of down 200,000 barrels....
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Economic Numbers Due Out Later
Wednesday, December 15, 2010 - 9:21am | 139Read More...There is a slew of economic numbers due out today before the bell and right into the start of trading. The numbers are led by CPI and industrial production. At 8:30, the November CPI is expected to show a rise of 0.2%. Core CPI is expected to show a rise of 0.1%. Empire Manufacturing for November...









