Category Archives: Uncategorized

After rallying last Thursday and Friday on signs Greece and Italy are coming to terms with the seriousness of their fiscal problems, European and U.S. stock prices retreated today, perhaps on the realization that now comes the hard, detailed work … Continue reading →

Stocks were down as much as 100 DJIA points in the first hour of Tuesday’s trading, but by the close the market averages had modest gains.

Stocks managed to post modest gains on Wednesday after three former Fed officials hinted that another stimulus program from the Fed was possible.

Stocks started out higher on Monday in response to the news that Congressional leaders and the White House had reached a deal to raise the debt ceiling.

June 27, 2011 The last week of the quarter started out with another piece of economic news that shows the economy’s slow patch continuing. 

Stock market averages retreated as much as 0.7% during the first two hours of trading Thursday, perhaps due to the European Central Bank’s 25 basis-point rate hike, but the ECB’s rate bump was hardly a surprise and stocks ended little … Continue reading →

November 1, 2010…Major stock market averages ended Monday with minor fractional changes: S&P 500 and Dow up 0.1% and Nasdaq down 0.1%. One day before the interminable election season comes to an end and two days before the FOMC is … Continue reading →