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Category Archives: Retail sales
Thanks to a late afternoon rally, U.S. stocks rose on Monday, avoiding a third straight day of decline.
Stocks suffered their biggest losses in a month and a half, as investors were distressed by evidence of slowing economic growth in China and signs of Russian troop activity in Ukraine.
Traders and investors largely ignored more evidence of a weakening U.S. economy on Thursday, sending stock and bond prices higher.
U.S. stocks rebounded strongly from Monday’s losses, their worst day of the year, while bond prices fell for the first time in four days.
Global stocks were lower again on Thursday.
U.S. stocks appeared to be on their way to more gains on Friday, but selling in the last half hour of trading pinned small losses on the Dow (-0.1%) and S&P 500 (-0.1%) and trimmed NASDAQ’s gain from 0.6% around … Continue reading
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.”
The Dow Jones Industrial Average gained 111 points or 0.7% to reach an all-time high of 15680 Tuesday, surpassing by an iota September’s previous peak (15676).
U.S. stock prices finished higher for a fourth day this week on Friday, posting strong gains for a second straight week after losing ground in August.
Following a weak opening, U.S. stocks were higher on Tuesday, but bond prices were sharply lower.