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Category Archives: Inflation
Following a robust opening, U.S. stocks quickly lost their gains, but another strong afternoon rally lifted the major averages to respectable increases on Tuesday.
Stocks sold off for a third time this week on Friday, with the Dow Jones Industrials closing at 16027, down 0.9% Friday and 2.4% for the week. At Friday’s close, the Dow is now down 3.3% from its high. The … Continue reading
Even as the war of words over Russia’s annexation of Crimea increased, investors took Vladimir Putin at his word that his territorial ambitions have been satisfied for the moment.
March 14 is celebrated by Math types in the United States as Pi Day because the first three digits of the transcendental number Pi (3.14159265359…) evoke the 3/14 designation for March 14. March 14, 2014 is also PPI day in … Continue reading
U.S. stocks got off to a weak start on Thursday following another negative report on the Chinese economy and a disappointing earnings report from Walmart but moved higher the rest of the day to close solidly in the green.
Ahead for most of the morning and flat at the 2:00 (EST) release of the minutes of the Fed’s January 28-29 policy meeting, the Dow Jones Industrial Average drifted lower over the final two hours of trading, closing Wednesday down … Continue reading
Stock prices were mostly lower Thursday, as a number of earnings reports came up short of expectations, either in fact or in terms of forward guidance offered.
Propelled by a bevy of positive economic reports and company news, global stocks surged higher on Wednesday.
U.S. stocks took minor losses on Tuesday ahead of tomorrow’s critical Federal Open Market Committee meeting announcement.
Stock and bond prices fell Wednesday after the minutes from the most recent Federal Reserve meeting said that the Fed may start reducing its bond purchases “in coming months.”