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US Stocks Ended In Red Yesterday After A Late-Session Lapse
Thursday, May 27, 2010 - 5:26am | 260Read More...US stocks plunged during the last trading hours to close lower yesterday, coinciding with the euro’s drop beyond a key threshold. A drop in the euro was triggered in by the news of the possibility of China reviewing its European bond holders. The Dow Jones Industrial Average fell 69.3 points, or 0....
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US Stocks Open Higher Today On Continued Positive Investor Sentiments
Wednesday, May 26, 2010 - 10:41am | 94Read More...US stocks opened up today after making a late recovery in Tuesday’s session. Positive sentiments were stirred in investors after the news of a 2.9% growth in April factory orders for durable goods. Fred Dickson, chief market strategist at Davidson Companies remarked, "Investors may feel slightly...
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US Stocks Ended In Black Yesterday After A Sharp Recovery In The Dow
Wednesday, May 26, 2010 - 5:37am | 251Read More...US stocks closed mostly up yesterday after a volatile session that saw the Dow Jones Industrial Average plunging below the 10,000 mark for the first time since February. The blue-chip average rebounded from nearly a 300-point decline, helped by the materials, financial and consumer sectors. Markets...
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US Stocks Plunge Late Monday Led By Financials
Tuesday, May 25, 2010 - 6:16am | 219Read More...US stocks dipped late yesterday to end in red territory, erasing all of Friday's gains. The financial sector led the steep fall, which emphasized that investor sentiment is still stirred by Europe’s debt woes and stringent financial regulations. The Dow Jones Industrial Average tumbled 126.82...
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US Stocks Rallied On Friday As Financials Led the Gains
Monday, May 24, 2010 - 5:43am | 306Read More...US stocks advanced on Friday as the Senate passed a financial overhaul bill. However, stocks ended lower for the week and for the year. Financial companies such as JP Morgan (NYSE: JPM), Bank of America (NYSE: BAC) and American Express (NYSE: AXP) led the gains at the major indexes. On Friday, the...
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US Stocks Dipped Into Correction Yesterday On Worries Of Eurozone Stalling The Global Recovery
Friday, May 21, 2010 - 6:10am | 311Read More...US stocks plunged yesterday into the first correction of the bull market that started in March 2009, as worries of Europe's debt crisis weighed heavily on the market. The investors took their money out of the companies with high international exposure and did away with a range of assets, such as...
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US Stocks Slumped Yesterday As Heat From Weakening Euro Worsened
Thursday, May 20, 2010 - 6:50am | 318Read More...US stocks finished slightly lower yesterday, led by industrials Caterpillar (NYSE: CAT), Boeing (NYSE: BA) and 3M (NYSE: MMM), as the fear of the US companies doing business in the Eurozone getting hurt by the weak euro loomed large on investors. The losses at the Standard & Poor's 500 wiped...
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Consumer Stocks Led To Gains In The US Market Yesterday
Tuesday, May 18, 2010 - 5:16am | 283Read More...US stocks witnessed an upside yesterday, with the consumer stocks leading the gains. However, Eurozone worries kept investors away from the energy and materials firms and the industrial stocks that are dependent on global growth. While the Dow Jones Industrial Average spent most of the yesterday’s...
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US Stocks Dipped Friday As Europe Continued To Be An Issue
Monday, May 17, 2010 - 5:47am | 225Read More...US stocks plunged on Friday over worries concerning European debt and Capitol Hill financial reform moves. Tom Samuels, managing director at Palantir Investments, said, "What we're witnessing is a rotation of concern from economic recovery considerations to liquidity conditions.” “When you review...
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US Stocks Dipped Friday As Europe Continued To Be An Issue
Monday, May 17, 2010 - 5:46am | 225Read More...US stocks plunged on Friday over worries concerning European debt and Capitol Hill financial reform moves. Tom Samuels, managing director at Palantir Investments, said, "What we're witnessing is a rotation of concern from economic recovery considerations to liquidity conditions.” “When you review...
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US Stocks Tumbled Yesterday, Led By The Consumer-Discretionary Sector
Friday, May 14, 2010 - 5:13am | 273Read More...US stocks plunged yesterday in the wake of disappointing earnings guidance and results reported by the consumer-discretionary sector retailers Kohl's (NYSE: KSS) and Urban Outfitters (NASDAQ: URBN). Additionally, a positive outlook from Cisco Systems (NASDAQ: CSCO) could not revive investor...
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US Stocks Climb As Investor Sentiments Reverse
Thursday, May 13, 2010 - 10:57am | 88Read More...US stocks turned their early losses into gains today as investors reviewed their opinion on the technology sector. Top gainer of the industry came in the form of the data storage company, Teradata Corp (NYSE: TDC), whose shares soared 8.57% after Oppenheimer & Company upgraded it. By 10:27 am,...
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US Stocks Reclaimed Heights Yesterday On News Of Bolstering Domestic Economy
Thursday, May 13, 2010 - 6:49am | 261Read More...US stocks climbed yesterday on hopes of an improved domestic economy. A jump in manufacturing exports for the March month, coupled with the positive outlook from IBM (NYSE: IBM), triggered the gains. Bruce McCain, a chief investment strategist at Key Private Bank, said, "There is an underlying...
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US Stocks End Lower Yesterday After Soaring On Monday, Dow And S&P Down, Nasdaq Bucks Trend
Wednesday, May 12, 2010 - 6:27am | 242Read More...US stocks lost some of their steam by the time the closing bell rang yesterday, erasing session gains from Monday’s relief rally after the EU announced a $1 trillion support package for the euro. According to Jeff Friedman, a senior market strategist at Lind-Waldock, investors are doubtful whether...
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US Stocks Rally On EU’s Move To Secure Euro (CAT, BAC, GE, BA, WMT, GNW, AFL, MI)
Tuesday, May 11, 2010 - 6:38am | 343Read More...US stocks regained their losses of the past week yesterday after jumping to their biggest one-day gain in 13 months. Broad and strong gains were the salient points of the day after the European Union announced a nearly $1 trillion bail-out package for the euro. Chief market strategist at JP Morgan...
