-
Markets Lower As Geopolitical Uncertainty Continues
Monday, July 21, 2014 - 4:46pm | 2931Read More...U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...
-
#PreMarket Primer: Thursday, July 17: Russia Hit With New Sanctions
Thursday, July 17, 2014 - 7:17am | 1273Read More...Russia has been slapped with a new set of sanctions designed to economically isolate the nation as President Vladimir Putin has ignored calls from the U.S. and the EU to use Moscow’s influence to end the conflict in Ukraine. The new round of sanctions steps up U.S. efforts to hurt the...
-
Earnings Continue Driving Markets Higher
Wednesday, July 16, 2014 - 5:23pm | 3415Read More...U.S. stocks rose as investors and traders find comfort in corporate earnings that continue to come in at better-than-expected levels. Although it's still very early in to earning season, Intel Corp. (NASDAQ: INTC) reported better-than-expected results and stronger-than-expected PC sales,...
-
Markets Marginally Lower Ahead Of Earnings Season
Monday, July 7, 2014 - 4:37pm | 1929Read More...U.S. stocks were slightly lower as investors digested a report by Goldman Sachs speculating that the Fed Funds rate may be increased in the third quarter of 2015, earlier than expected. Earnings season unofficially kicks off this week with Alcoa (NYSE: AA) reporting on Tuesday. Many Dow...
-
Markets Close Higher Despite A Contraction In GDP
Wednesday, June 25, 2014 - 4:47pm | 2446Read More...U.S. stocks rebounded from a two-day decline despite the fact that the U.S. economy contracted 2.9 percent in the first quarter. Investors showed little concern to the GDP figure which was negatively impacted by weather. The second quarter GDP figure, when released, may prove to be more market...
-
Market Wrap For June 20: Yet Again, Dow And S&P 500 Indices Hit New Highs
Friday, June 20, 2014 - 4:40pm | 2263Read More...U.S. stocks were slightly higher as the Dow and S&P 500 indices continue hitting new all-time highs following positive comments from the Fed's Chief Janet Yellen earlier this week. The Dow continues to flirt with the 17,000 mark and hit a historical intra-day high of 16,978.0 Friday...
-
Market Wrap For June 19: Stocks Little Changed, Gold and Silver Higher
Thursday, June 19, 2014 - 4:45pm | 2517Read More...U.S. stocks were little changed the day after investors and traders were reassured by the Federal Reserve that interest rates will not rise in the near-term. The U.S. government reported that fewer Americans filed claims for jobless benefits in the previous week, partly helping the S&P 500...
-
Market Wrap For June 18: Markets Rally On Fed Comments And Tapering
Wednesday, June 18, 2014 - 4:34pm | 2069Read More...U.S. stocks rose as investors and traders digested comments from the Federal Reserve. The Federal Reserve Open Committee announced that it will further taper its asset purchases by another $10 billion. The Fed is now committing towards purchasing $35 billion of assets per month. The Fed also...
-
Earnings Expectations For The Week Of June 16: FedEx, Oracle And More
Saturday, June 14, 2014 - 5:18pm | 820Read More...Scheduled quarterly reports from BlackBerry (NASDAQ: BBRY), FedEx (NYSE: FDX), Kroger (NYSE: KR), Oracle (NASDAQ: ORCL) and Rite Aid (NYSE: RAD) and will highlight the coming week on the earnings front. Analysts are looking for year-over-year growth on the top and bottom lines for all of them,...
-
Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596Read More...U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
-
Market Wrap For May 13: Markets Close Again At Record Highs
Tuesday, May 13, 2014 - 4:36pm | 2460Read More...U.S. stocks were mixed as a positive measurement of small business sentiment offset a disappointing retail data set. Following Monday's action, the S&P 500 and Dow indices not only traded at new historical-all time highs, but closed at record highs. In fact, the S&P 500 briefly traded...
-
Market Wrap For May 5: Dow Erases Triple-Digit Loss, All Three Major Indices Positive
Monday, May 5, 2014 - 4:36pm | 2443Read More...U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...
-
BlackBerry To Proceed With $278 Million Real Estate Sale
Monday, May 5, 2014 - 11:34am | 215Read More...BlackBerry (NASDAQ: BBRY) on Monday announced that it will sell the majority of its real estate holdings in Canada to U.S. real estate investment company Spear Street Capital for approximately $278 million. BlackBerry will sell more than three million square feet of office space and vacant land,...
-
Ford Earnings Preview: Eyes On China & Europe
Thursday, April 24, 2014 - 7:19am | 854Read More...Ford (NYSE: F), which this week announced who will replace departing CEO Alan Mulally, is scheduled to report its first-quarter 2014 results Friday, April 25, before the markets open. Investors will be looking for continued strength in North America, Ford's biggest market, but also in China,...
-
Market Wrap For April 15: Who Doesn't Love A Turnaround?
Tuesday, April 15, 2014 - 4:30pm | 2505Read More...U.S. stock futures were pointing towards a modestly higher open as investors found enough optimism from Dow components Coca-Cola and Johnson & Johnson who both reported better than expected quarterly results. Investors were further spooked by reports of pro-Russian separatists taking...
















