Category Archives: Stocks

Big-cap stocks rally on economic news, Yellen testimony

Although they gave up some of their early price gains as Fed Chairman Janet Yellen testified to the House Financial Services Committee on Wednesday, stocks rallied in the afternoon and closed with decent gains. The Dow was up 0.5% today … Continue reading

Posted in Federal Reserve, Industrial Production, Stocks

Global jitters knock stocks from highs

Stock prices ambled higher on Friday, not very persuasively and certainly not enough to rescue what was the worst week for small-cap stocks in over two years. Bigger capitalization stocks generally held up better to this past week’s selling pressures. … Continue reading

Posted in Bonds, Commodities, Europe, Stocks

Stocks lower again Tuesday, especially social media issues

Stock prices fell for a second day on Tuesday, a little more resolutely than Monday’s retreat. The Dow lost 118 points or 0.7%, falling to 16907 after two sessions in the rarefied air above 17000. The S&P 500 matched the … Continue reading

Posted in Bonds, Consumer Credit, Corporate Profits, Stocks

Stocks and commodities weak on Monday

For the first time in four sessions, U.S. stock prices fell Monday, although the Dow Jones Industrials managed to hold above 17000. The Dow declined 0.3%, closing at 17024, down from 17068 last Thursday. The S&P 500 retreated 0.4% and, … Continue reading

Posted in Bonds, Commodities, Stocks

DJIA passes 17000 for first time on strong jobs report

U.S. stock prices rose another 0.5%-0.6% on Thursday, buoyed by one of the better employment reports in a while. Closing the holiday-shortened week at an all-time high of 17068, the Dow Jones Industrial Average pushed higher by 0.5%. The S&P … Continue reading

Posted in Bonds, Jobs, Stocks

U.S. stocks end Monday mixed, putting a good second quarter in the books

U.S. stocks ended the final day of the second quarter with an equivocal showing, as the Dow lost 0.1%, NASDAQ gained 0.2% and the S&P 500 was flat. Among the 30 Dow Jones Industrials, 19 stocks declined Monday, as against … Continue reading

Posted in Bonds, Housing, Stocks

Stocks rally late again on Friday

Down for most of the trading day, stocks pulled out a win for Friday on late-day trading by institutions and indexed portfolios to reflect the annual rebalancing of the Russell Index constituents. The Dow Jones Industrials, thanks to an 80-point … Continue reading

Posted in Bonds, Consumer Confidence, Stocks

More new highs in the major stock market indexes

The Dow and S&P 500 closed the middle week of June at new highs, each rising 0.2% on Friday to 16947 and 1963, respectively. NASDAQ, also up 0.2%, closed the week at a 14-year high – back to levels hit … Continue reading

Posted in Bonds, Stocks

Stock prices hit new highs on Fed’s “steady as she goes”

Stock and bond prices rose Wednesday following the release of the Federal Open Market Committee’s post-meeting statement on monetary policy. Federal Reserve officials made some tweaks to their growth and inflation forecasts, but nothing major. A changing mix of forecasters … Continue reading

Posted in Bonds, Economy, Federal Reserve, Stocks

Dow slides on fighting in Iraq

Iraq’s swift descent into chaos sent crude oil prices higher, while stock prices and Treasury bond yields went lower. WTI and Brent grade crude increased by roughly $2-$3 a barrel on fighting near Iraq’s oil fields; the major U.S. stock … Continue reading

Posted in Energy, Global, Retail sales, Stocks