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Category Archives: Savings and Consumer Spending
As it has for most of this week, stocks started strong today only to give up gains in afternoon trading, except that on Friday prices firmed near the close and ended in positive territory for the day (although not for … Continue reading
Despite two days on which the Dow climbed an average of 100 points, three days of declines averaging more than 125 points took the Dow down 180 points or 1.1% in the final week of January.
The global stock rally continued into Christmas week on Monday, boosted by positive U.S. economic reports, upbeat comments by the head of the International Monetary Fund about American economic growth, and a big gain in the price of Apple Inc. … Continue reading
Last week’s market euphoria over the Federal Reserve’s reluctance to begin tapering its bond purchase program gave way this week to investor concerns about the federal budget and the debt ceiling.
U.S. stocks finished off their worst month of the year on Friday with another down day, but the S&P 500 and NASDAQ remain in the black so far in the third quarter, and most stocks still sport double-digit returns after … Continue reading
A weaker than expected July payroll report sent U.S. stocks down initially on Friday, but prices quickly rebounded and continued to increase the rest of the day.
The global stock market rally continued into a third straight day on Thursday, helped by some positive reports on the U.S. economy.
In a week where the Dow Jones Industrials hit an all-time high on Tuesday, one may seem the worrywart to be concerned over the trifling 2% spill that stocks took over the rest of the week.
This week’s market action started out much like much of last week’s, with stock prices rising despite some soft economic reports – in today’s case, a 0.7% gain in the S&P 500 to a record close juxtaposed against disappointing personal … Continue reading
While it certainly didn’t look that way at Friday’s market open, when the Dow Jones Industrial Average traded down more than 100 points or 0.8%, the Dow blue-chip index still managed to close at a five-year high on Sequester 1 … Continue reading