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Thanks to the loss of AT&T’s (NYSE:T) exclusive hold over the iPhone in the U.S. the country’s telecom market appears to be shaken up at least in the near term. While many are still debating
For a second consecutive day stocks finished down but well off the session lows. However, trade was heavy on a down day in the market. The Nasdaq ended the day down 1.3%. Both the Dow Jones
Last year was a good year for most asset classes, as investor portfolios continued to recover from the recent recession. The difference in performance between many comparable funds was
The buzz surrounding the long-awaited release of a Verizon Communications Inc. (NYSE:VZ) iPhone is reaching a fevered pitch as it appears the telecom giant is ready to bring the device to
On Friday stocks rallied for a third consecutive day, giving bulls a perfect record thus far for the month of December. Further, the day ended with the Nasdaq setting a new 52 week high.
As we have seen several times over the past week, confusion and indecision were the dominant themes of yesterday’s trading session. Overall intraday market action was a tug-of-war between the
In last Friday’s action, the major indices ended the week by registering the tightest intraday trading range since October 22nd. It was also the thirteenth day of broad market consolidation.
The major indices gapped up modestly to begin Thursday’s session, but were met with strong selling pressure immediately. The selloff continued until 12:30 pm, when the market “caught a bid”.