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Category Archives: Economy
The momentum that propelled stock prices to 2014 highs on Thursday started to waver during the final two hours of trading on Friday when reports of Russian troops on the ground in the Crimea region of Ukraine took some steam … Continue reading
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.
U.S. stocks headed in a southerly direction Wednesday as trading volume was suppressed by wicked winter weather throughout the Northeast.
U.S. stocks rebounded strongly on Thursday, helped by a fairly robust fourth quarter GDP report and some good corporate news.
The big three U.S. stock market averages hit new highs on Friday, gaining 0.3% (Dow), 0.5% (S&P 500) and 1.1% (NASDAQ); the two big-cap benchmarks closed at all-time highs, while tech-heavy NASDAQ hit a 13-year high.
After trading in negative territory for most of the morning, the Dow Jones Industrial Average eked out an 11-point or 0.1% rise Thursday to stretch its record run to 16179.
Stocks rose Monday in the U.S. and Europe on strong manufacturing data.
U.S. stocks fell for the fifth straight day on Thursday following some economic reports that made for positive headlines but were a bit mixed in the details.
Following some initial enthusiasm after a deceptively strong U.S. third-quarter GDP report and an unexpected interest rate cut by the European Central Bank, stocks fell sharply on Thursday.
Stock prices meandered higher on Monday, with the S&P 500 gaining 0.4%, while smaller-cap indexes like the S&P 400 MidCaps (+0.7%) and S&P 600 SmallCaps (+1.3%) bounded higher.