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Category Archives: Commodities
The Dow Jones Industrials and S&P 500 drifted lower Friday and for the week, on questions of monetary policy and a spate of weaker economic news – possibly on account of the weather.
Stocks rose moderately on Friday, with the Dow adding 127 points (0.8%) and the S&P 500 (+0.5%) closing within 0.5% of its all-time high.
Fittingly, U.S. stocks ended 2013 on an up note, with the Dow Jones Industrial Average registering its best yearly gain since 1995 and the S&P 500 its best year since 1997.
Stock prices were lower across the globe on Tuesday, ending a two-day rally.
U.S. stocks were higher again on Friday as the White House and lawmakers in Congress continued to work on a debt limit extension.
Stocks zigzagged through the session on Thursday, eventually ending the day with modest losses.
After trading higher most of the day, U.S. stocks dropped sharply in the last hour of trading on Monday after tensions between the U.S. and Syria heated up.
U.S. stocks started the week slightly higher on Monday, despite, or possibly because of, an unexpected drop in June home sales.
Fed Chairman Ben Bernanke’s comments late Wednesday that he supported a “highly accommodative monetary policy for the foreseeable future” ignited a global rally in stocks and bonds on Thursday.
The June employment report came in better than expected and, after some vacillation, stock prices decided that was a good thing – despite the increased likelihood the report brings for an early end to the Fed’s Quantitative Easing program.