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Monday's Market Minute: Earnings Heat Up As Central Banks Convene
Monday, April 27, 2020 - 8:50am | 308It’s another big week for traders and investors alike, with earnings, economic data, and central bank activity. Meaning there is a lot to stay dialed in on. First and foremost, this week we have 160 S&P 500 companies, including some big names, set to report quarterly results. We also have...
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Mixed Economic Data, Ebola Scares Rattle Markets
Wednesday, October 1, 2014 - 4:02pm | 1696U.S. stocks declined sharply as investors digest reports of a confirmed case of Ebola in the United States. In addition, economic data released on Wednesday was mixed, at best. Construction spending fell during August while ISM manufacturing came in weaker than expected. Bulls are hoping that...
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Market Wrap For May 1: Markets Mixed To Start The New Month
Thursday, May 1, 2014 - 3:35pm | 2905U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...
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Market Wrap For March 3: Markets Lower On Ukraine Tension
Monday, March 3, 2014 - 4:57pm | 2716U.S. stocks traded lower as investors worry Russia's next step in its use of military force in Ukraine. The Dow saw its worst day in a month while other major indices finished noticeably lower. Investors moved away from equities and found what is believed to be a safe haven in gold and other...
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Market Wrap For February 3: Bears In Complete and Absolute Control
Monday, February 3, 2014 - 4:45pm | 2594U.S. stocks continued its losses on an accelerated basis on Monday. Investors are in clear panic mode following a report that U.S manufacturing activity expanded at a slower pace in January. The Dow plunged more than 300 points while the S&P 500 and Nasdaq both fell more than two percent as...
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Market Wrap For January 2: Markets Begin 2014 on Negative Note
Thursday, January 2, 2014 - 4:45pm | 1461Major indices saw plenty of red during the first trading session of 2014. There were no fundamental reasons for the Dow to suffer a triple digit point loss, along with the S&P 500 and Nasdaq indices ending the day lower. "People are taking profits and seeking bargains," according to Jim...
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Market Wrap For December 2: Markets Sluggish on Cyber Monday
Monday, December 2, 2013 - 4:50pm | 1882Despite a positive note by a leading analyst at Morgan Stanley (NYSE: MS), major markets suffered a post-turkey Thanksgiving hangover as major indices closed in the red. Adam Parker, Morgan Stanley's lead strategist predicted the S&P will hit 2014… in 2014, an approximate 11.5 percent gain...