Benchmarks suffered their worst losses in five weeks on Thursday, dragged down by declines in small-cap stocks and Wal-Mart’s disappointing numbers. The S&P 500 slumped the most in a month and the Dow registered its biggest drop since April 10. Investors were also concerned about Euro zone’s less-than-expected first quarter GDP growth.For a look at the issues currently facing the […]
Stock Market S&P 500 Bounced Off 1,900 Level – Uptrend Reversal Or Just A Correction?Stock-Markets / Stock Markets 2014May 15, 2014 – 11:47 AM GMTBy: Paul_Rejczak
Briefly: In our opinion speculative long positions are still favored (with stop-loss at 1,850, S&P 500 index).Our intraday outlook is bullish, and our short-term outlook remains neutral:Intraday (next […]
Benchmarks retreated from record highs on Wednesday dragged down by declines in small-cap and Internet stocks. Also, selloffs in the consumer discretionary sector had a negative impact on benchmarks. The day’s economic reports were limited to U.S. wholesale prices, which reported an increase by 0.6% in April. Meanwhile, investors were focused on recent developments in Ukraine where pro-Russian rebels and […]
The Dow and the S&P 500 closed at record highs for the second consecutive session on Tuesday driven by an upward revision of March’s retail sales data and encouraging small-business sentiment. However, the Nasdaq ended in negative territory after Cisco forecasted disappointing fiscal third quarter results. A new deal between Keurig Green Mountain and Coca-Cola was also welcomed by the […]
Source: ThinkstockWith the Dow Jones Industrial Average hitting an all-time high on Monday and with the S&P 500 nearly hitting a new all-time high, it seems as if U.S. stocks are the place to be. Despite the turmoil in the Ukraine, weakening economic numbers coming out of China, and weak retail sales from many U.S. companies over the past few months, […]
The Dow and the S&P 500 closed at record highs on Monday primarily boosted by gains in Internet and bio-tech stocks. Merger and acquisition activity in the food industry too boosted investor sentiment. The day’s economic report was limited to Treasury budget, which reported a surplus of $107.0 billion.For a look at the issues currently facing the markets, make sure […]
“Sell in May and go away.”This stock market adage has served investors well four years in a row. Every year since 2010, stock markets around the world have suffered significant corrections between a high reached in May and a low in the summer or early autumn: by 15 percent in 2010, 19 percent in 2011, 9 percent in 2012 and […]
Escalating tension between Russia and Ukraine dragged the benchmarks down to the negative zone on Friday. The geopolitical tension also outweighed upbeat nonfarm payroll data, which had helped benchmarks open in the green. The S&P 500 and Dow ended in the negative territory after reaching intraday all-time highs. Despite Friday’s losses, markets were able to finish in the green for […]
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The Federal Reserve’s upbeat view on the economy’s prospects and their decision to further trim the monthly bond repurchase plan helped benchmarks end higher on Wednesday. The day’s initial decline owing to weak first-quarter economic growth was completely offset by the time markets closed. The Dow closed at a record high and the S&P 500 closed just 7 points […]
