The Markets (as of market close July 31, 2015) Despite a generally sluggish economy, some mundane corporate earnings reports, the Greek debt crisis, and China’s stock market upheaval, the stock markets posted moderate gains, for the most part. The biggest gainer for the month was the Nasdaq, up 141 points to 5128, followed by the […]
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.
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 […]
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 […]
The Markets Despite a brief slide early on Friday, the Nasdaq and S&P 500 had their strongest week since the first of the year, and both the S&P and Dow industrials continued to set new all-time highs. Meanwhile, gold, which had been slipping for months, plummeted more than 4% on Friday into official bear market […]
The Markets The Dow industrials and the S&P 500 set new record closing highs on Tuesday. Unfortunately, it was mostly downhill after that as investors looking for a reason to take profits found them in a disappointing jobs report, fresh geopolitical tension, and mixed manufacturing data.
The Markets Equities spent Friday trying to recover from downdrafts earlier in the week. The Dow industrials managed to squeak back to 14,000, but the other domestic indices reacted more strongly to Fed discussions of how to wind down its bond-buying program. It was the first down week for the S&P 500 so far this […]
The Markets After suffering its first triple-digit loss of the year on Monday, the Dow fought to hang on to the prior week’s 14,000 level but in the end just couldn’t manage to do so. The other domestic indices managed minimal gains, and the S&P 500 hit its highest level since November 2007. Meanwhile, the […]