Author Archives: wrightnetblogger2

Stocks unchanged amid economic reports; Facebook surges

In a day heavy with economic reports and forecasts, U.S. stocks finished largely unchanged while foreign stocks continued to rise.

Posted in China, Europe, Facebook, Housing, Jobs, Purchasing Managers' Index

S&P 500 hits another record as stocks rise modestly

Global stocks were mostly if modestly higher on Wednesday, enough to carry the S&P 500 to another all-time high.

Posted in Apple Inc., Bonds, Europe, Facebook

Stocks rebound Tuesday as earnings retake investor focus

Stocks rebounded strongly across the globe on Tuesday as concern about the crises in the Middle East and Russia ebbed a bit, at least for one day.

Posted in Apple Inc., Corporate Profits, Housing, Inflation

Stocks resume downturn as war worries persist

U.S. stocks managed to pare most of their losses on Monday but still finished broadly in the red to start the week.

Posted in Energy, Europe

Stocks rebound Friday to end the week higher

U.S. stocks rebounded strongly Friday from Thursday’s big losses to end the week in positive territory.

Posted in Consumer Confidence, Leading Indicators, Weekly Stock and Bond Market Recaps

War worries push stocks down; bonds, oil and metals up

Stocks dropped sharply and broadly on Thursday while bonds, metals and oil prices soared, sparked by escalating violence between Russia and Ukraine, including the downing of a Malaysian passenger plane in Ukraine, as well as renewed fighting between Israel and … Continue reading

Posted in Bonds, Europe, Housing, Jobs

Stocks mostly lower as Yellen begins testimony

U.S. stocks finished mostly lower on Tuesday as Federal Reserve Chair Janet Yellen told Congress that the economy remains soft but that the Fed would remain accommodative.

Posted in Economy, Energy, Europe, Federal Reserve

Portugal bank worries send stocks down in U.S. and Europe

Problems at a major Portuguese bank sparked a selloff in U.S. and European stocks early Thursday but share prices managed to close well above their lows of the day.

Posted in Bonds, Europe, Jobs

Stocks, bonds higher as Fed reveals October end to bond purchases

U.S. stocks ended a two-day skid while Treasury bonds kept their winning streak alive for a third day on Wednesday as the Federal Reserve provided more clarity about the ending of its quantitative-easing bond purchasing program.

Posted in Bonds, Federal Reserve

Stocks close narrowly mixed ahead of Thursday’s jobs report

U.S investors appeared to take an early start to the July 4 holiday weekend, if the narrowly mixed performance of the major averages on Wednesday is any indication.

Posted in Bonds, Jobs