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Category Archives: China
Disappointing earnings reports from Visa and Amazon helped dampen the mood on Wall Street on Friday, sending stock prices down broadly while the major averages finished mixed for the week.
In a day heavy with economic reports and forecasts, U.S. stocks finished largely unchanged while foreign stocks continued to rise.
Buoyed by some positive economic numbers from the U.S. and China, global stocks started off the third quarter strongly higher on Tuesday.
U.S. stocks were little changed Monday, with the three major market averages ending the session within a few ticks one way or the other of their Friday highs. On the NYSE, there were a few more declining stocks than advancers … Continue reading
Stocks were narrowly mixed on Thursday after trading in a narrow band all day.
Up at the open, stock prices stumbled a bit after erroneous ISM manufacturing data for May was released at 10:00 NYT. When corrected figures were released – showing that manufacturing actually accelerated slightly last month – stock prices recovered some … Continue reading
Picking up where they left off last week, U.S. stocks rose higher on Tuesday following the Monday holiday, buoyed by some positive economic reports.
Looking as if it might close above 1900 for the first time ever, the S&P 500 instead gave up roughly half of its early gains in the final hour of light trading Thursday, finishing at 1892 for a gain of … Continue reading
Both the Dow and the S&P 500 closed at new record highs on Tuesday but stocks once again ended narrowly mixed, with NASDAQ and smaller caps stocks ending lower.
The risk switch was turned back on today, as investors shrugged off recent concerns and propelled the Dow and S&P 500 to record highs. Monday saw a convincing rally, albeit one coming on relatively light trading volume, in many of … Continue reading