Market Week: June 17, 2013
Posted by Consuelo on Jun 17, 2013 in Market Week | 0 comments
The Markets
Investors already on edge about the future of central bank efforts around the globe seemed unnerved by the Bank of Japan’s decision not to expand economic stimulus efforts there and arguments over a German court challenge to the European Central Bank’s ability to aid weaker eurozone members.
Read MoreMarket Week: June 10, 2013
Posted by Consuelo on Jun 10, 2013 in Market Week | 0 comments
The Markets
All’s well that ends well: After losing 217 points on Wednesday, the Dow came roaring back with a 207-point gain two days later. Despite all the volatility, domestic equities managed minimal gains for the week across all four indices. Investors seemed reassured that the unemployment rate showed continued stabilization of the economy but not enough progress to bring on a quick end to the Fed’s economic support.
Read MoreMarket Week: June 3, 2013
Posted by Consuelo on Jun 3, 2013 in Market Week | 0 comments
The Markets
Whether it was “sell in May, go away” sentiment finally showing up or concern that the Fed might be closer to winding down economic support, investors decided to take profits last week, especially in the large, dividend-paying stocks of the Dow and S&P 500. As anxiety about potential future Fed action continued to build, the 10-year Treasury yield saw gains for the fifth straight week, hampering bond prices.
Read MoreMarket Week: May 28, 2013
Posted by Consuelo on May 28, 2013 in Market Week | 0 comments
The Markets
Once again, devastating events far from Wall Street helped put market losses into perspective as Oklahomans coped with the impact of a catastrophic tornado. Even a hint that the Fed might be closer to cutting back on its economic support helped turn a 155-point gain in the Dow into a 276-point intraday swing at one point on Wednesday, and domestic equities continued to struggle the rest of the week.
Read MoreMarket Week: May 20, 2013
Posted by Consuelo on May 20, 2013 in AMR, Market Week | 0 comments
The MarketsBears were on the defensive last week as both the Dow and the S&P 500 once again set fresh record highs. Friday’s close put the S&P 500 up almost 147% from its March 2009 low, while the small-cap Russell 2000 has almost tripled since then. Meanwhile, gold followed up on the previous week’s losses by losing some more. The spot price fell below $1,400 an ounce last Monday and kept on going; it ended the week at roughly $1,365, having lost more than 7% in a little over a week. |

