Another All-Time Stock Market High Hampered by Dullsville
August is supposed to be one of the months that is not so good for stocks. Just don’t tell that to the U.S. markets, with the week of August 12 all seeing…
August is supposed to be one of the months that is not so good for stocks. Just don’t tell that to the U.S. markets, with the week of August 12 all seeing…
August 9, 2016: Markets opened higher again Tuesday following the lead of Asian and European exchanges. The productivity report cooled investors’ enthusiasm, though, and afternoon trading saw equities slipping below the break-even…
Overall, one-third of the Dow Jones Industrial Average is reporting this week, and this has the potential to sustain the run that the Dow has made since the Brexit vote.
July 18, 2016: Markets opened mixed on Monday with the blue chippers lagging until mid -morning. The tech and basic materials sectors posted the largest gain, with energy and consumer staples posting…
July 15, 2016: Markets opened higher again Friday but trickled down to spend most of session trading right around the break-even line. That’s roughly inline with the U.S. economic data that was…
July 12, 2016: Markets opened higher again Tuesday with the S&P 500 index and the DJIA putting up new all-time intraday highs. Energy and basic materials were the leading sectors, up more…
July 8, 2016: Markets opened higher Friday following a soaring non-farm payrolls report. Early indications for falling equities prices were blown away by the report that 278,000 new jobs were created in…
The Dow Chemical Co. (NYSE: DOW) announced Tuesday morning that it is cutting 2,500 jobs (4% of its workforce) as it integrates its recently completed acquisition of Corning Inc.’s (NYSE: GLW) 50%…
Last Friday and this Monday saw extremely ugly post-Brexit trading in the stock market. Banking stocks were hit the hardest, as were most companies and sectors tied to Europe. Tuesday’s market indications…
June 27, 2016: Markets opened down again Monday after a full weekend of fretting about the Brexit vote. Again a stronger dollar has weighed heavily on the basic materials and energy sectors,…
As with commodity markets in energy and basic materials, the U.K. vote to abandon the European Union is taking a toll on agricultural commodities markets Friday morning. So far, at least, ag…
America’s largest companies tend to be located in major metropolitan areas. New York City alone is home to the headquarters of more than 70 of U.S.’s 1,000 largest public companies, the most…
June 16, 2016: Markets opened lower Thursday but equities showed some spunk by trading on an upward trend for nearly the whole day. Asian and European markets traded lower and economics data…
June 14, 2016: Markets opened lower for the fourth straight session Tuesday as the dollar rose sharply versus the euro and investors wait for Wednesday’s announcement from the FOMC on whether or…
June 2, 2016: Markets opened lower Thursday while investors waited to hear results from the OPEC meeting in Vienna. Alas, no change to the current policy sending oil prices lower for a…