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Stocks surged higher across the board on Tuesday on strong trade. All five major indices closed well in the black, with large cap issues leading the advance. By the closing bell the Nasdaq (NASDAQ:QQQ), S&P 500 (NYSEARCA:SPY) and the Dow Jones Industrial Average (NYSEARCA:DIA) posted Read more…
Stocks gained back most of Wednesday’s losses to close near session highs. However, trade was light. All five major indices ended the day in the black. The S&P MidCap 400 and the small-cap Russell 2000 (NYSEARCA:IWM) tacked on 1.4% and 1.3% respectively. The Dow Jones Industrial Average Read more…
Stoyan Bojinov: Bearish pressures took hold of Wall Street on Monday after leading microchip manufacturer, Intel, cut its revenue forecast while Moody’s rating agency said it would have to review the rating on all Euro zone member nations. Last Friday’s summit in Brussels proved to be a pivotal Read more…
Jeff Nielson: U.S. Thanksgiving has become a highly ritualized holiday with a large segment of the American population. Eat turkey. Watch football. Go shopping. And then listen to the media lie about the shopping the next day. Read more…
Michael Johnston: Last week was a slow period for U.S. markets, with exchanges taking some down time for the Thanksgiving holiday. With investors returning from the long weekend away, the upcoming week has historically been a busy one; there is additional data to digest, especially since international Read more…
Stocks fell sharply on Monday but trade was mixed. Prices dropped across the board as all five major indices closed lower. However, stocks did recover from session lows. The small-cap Russell 2000 (NYSEARCA:IWM) dropped 2.4% while the Dow Jones Industrial Average (NYSEARCA:DIA) and the S&P Read more…
Daniela Pylypczak: With the holidays quickly approaching, the retail sector of the U.S. economy is gearing up for a short stretch that could make or break profitability forecasts and the mid-term outlook for companies that have exhibited surprising strength over the past 12 months. Retailers are already preparing Read more…
Stocks closed down sharply for a second consecutive day on higher trade. All five exchanges closed lower with the Nasdaq (NASDAQ:QQQ) showing the most weakness. By the closing bell, the tech-rich index had shed 2.0%. The S&P MidCap 400 followed closely as it dropped 1.9%. The S&P 500 Read more…
Stocks moved higher on Tuesday on an uptick in trade. All major indices closed in the black with the Russell 2000 (NYSEARCA:IWM) leading the charge. By the closing bell the small-cap index posted a 1.4% gain. The Nasdaq (NASDAQ:QQQ) tacked on 1.1% while the S&P MIdCap 400 added 1.0%. The S&P 500 Read more…
Black Friday is the biggest day of the year for retailers but today was much more important for those Read more…
Michael Johnston: After a record-setting October gave investors hope that 2011 would finish on a strong note, the first couple weeks of November have effectively taken any wind out of those sails. The culprit–surprise, surprise–has been the cash-strapped PIIGS economies of Europe, with Italy now grabbing Read more…
Stoyan Bojinov: Equity markets fluctuated between positive and negative territory on Thursday as investors’ sentiment swayed. On the home front, the U.S. economic recovery continues to slowly, but surely, progress as new claims for unemployment benefits dropped to the lowest level since April of 2011, suggesting Read more…
Stocks rebounded on Thursday but trade was light. All five of the major indices ended the session in positive territory, led by the Dow Jones Industrial Average (NYSEARCA: DIA). The blue chip index posted a solid 1.0% gain. Both the S&P 500 (NYSEARCA:SPY) and the small-cap Russell 2000 Read more…
Stocks were pummeled on Wednesday on a significant spike in volume. All of the major indices sank more than 3.0%. High beta issues led the carnage as the small-cap Russell 2000 (NYSEARCA: IWM) and the S&P MidCap 400 plunged 4.8% and 4.3% respectively. The Nasdaq (NASDAQ:QQQ) shed 3.9% while Read more…
Stocks moved higher on Tuesday on brisk trade to post another accumulation day. Stocks rose across the board as all five major indices closed in positive territory. The small-cap Russell 2000 (NYSEARCA: IWM) tacked on 1.4% while both the Nasdaq (NASDAQ:QQQ) and the S&P 500 (NYSEARCA: SPY) Read more…
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