- Apple Inc.
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- Debt and Deficits
- Emerging Markets
- Federal Reserve
- Fiscal Policy
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- Leading Indicators
- Purchasing Managers' Index
- Retail sales
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- The Long Term
- The U.S. Dollar
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- Weekly Stock and Bond Market Recaps
Monthly Archives: May 2011
Playing up reports that Europe will not allow a restructuring of Greek sovereign debt and downplaying some weak economic reports at home, U.S. stocks followed international markets higher Tuesday, closing the month of May with a four-day rally.
Stock prices rallied modestly again Friday, closing the week with three days of advances (after declines in the prior three days.
U.S. stock prices rallied modestly for a second day Thursday, taking encouragement from corporate earnings where little or none was available on the economic front.
U.S. stock prices broke out of their three-day sinking spell, with the Dow and S&P 500 each gaining 0.3% Wednesday and NASDAQ advancing 0.6%, its best day in a week.
U.S. stock prices retreated modestly Tuesday, failing to carry through on the improved trend seen earlier in the day in Europe and Asia.
Over a year after the Greek debt tragedy first appeared on the world stage, it is still receiving curtain calls and rotten tomatoes.
Stocks lose roughly three-quarters of a percentage point Friday as Greece and Gap inspire profit taking
A ratings downgrade of Greece sovereign debt by Fitch Ratings to B+ from BB+ battered the euro, and disappointing profits guidance at Gap sent share prices of retailers lower, with the net result being losses in the major stock market … Continue reading
The U.S. index of leading economic indicators declined 0.3% in April, the first decline since last June, with the bulk of the decline the result of rising jobless claims – which have since retreated.
The S&P 500 increased 0.9% Wednesday, putting it 0.2% ahead for the week, finishing the day just about level with where it stood at 2:00, when the Federal Reserve released the minutes of its late April policy meeting.
The Dow Jones industrial Average spent most of Tuesday trading down 50-150 points, before finishing roughly 70 points or 0.6% lower.