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Category Archives: Inflation
Stocks rebounded strongly across the globe on Tuesday as concern about the crises in the Middle East and Russia ebbed a bit, at least for one day.
U.S. stocks were broadly if modestly higher on Tuesday ahead of Wednesday’s conclusion of the Federal Reserve’s monetary policy meeting.
Stocks gained back some of their Wednesday-Thursday losses on Friday. The risks that Iraq and oil prices appeared to pose to markets on Thursday were, rightly or wrongly, minimized today. The Dow gained roughly 40 points or 0.2% Friday, spending … Continue reading
Thursday’s trading was a near repeat of Wednesday, with global stock prices lower and yields on U.S. and German government bonds continuing to drop.
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.