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Category Archives: Apple Inc.
Stocks traded in a relatively narrow range Monday, a day with little economic news to digest and one day ahead of Janet Yellen’s first testimony to Congress as Chairman of the Federal Reserve.
After Monday’s afternoon rally fell short of moving the major U.S. averages into the green, stocks were higher on Tuesday.
Despite an afternoon rally that lifted both the Dow Jones Industrial Average and the S&P 500 into positive territory for a time, the global market selloff in stocks continued into the new week on Monday.
Propelled by a bevy of positive economic reports and company news, global stocks surged higher on Wednesday.
The global stock rally continued into Christmas week on Monday, boosted by positive U.S. economic reports, upbeat comments by the head of the International Monetary Fund about American economic growth, and a big gain in the price of Apple Inc. … Continue reading
U.S. stocks closed narrowly mixed on Monday following the release of some uninspiring economic reports.
Investors had no qualms about pushing stock prices higher from the open Tuesday, apparently viewing the undershoot in the September employment data – released this morning after a shutdown-related delay of 2½ weeks – as reason to expect the Federal … Continue reading
The easing of the Syria crisis and former Treasury Secretary Lawrence Summers’ announcement over the weekend that he was withdrawing his bid to replace Ben Bernanke as Federal Reserve Chairman set off a global rally in stocks and bonds on … Continue reading
U.S. stocks were mostly higher again on Wednesday.
A potential solution to the Syrian standoff and another positive report on the Chinese growth engine ignited a global rally in stocks on Tuesday.