Daily Market Commentary

Stocks ended the day down slightly on news that U.S. GDP had grown slower than analysts had forecast in Q4. GDP grew by just 0.1%, on a forecast of 0.5%, and was the lowest since Q1 of 2011. Thursday saw positive employment news as jobless clai…

Investors saw another positive day on Wednesday as the S&P, Dow and NASDAQ each closed up over 1%. The markets reacted positively to Ben Bernanke again showing his support of the Fed’s stimulus policies during testimony to the House Financial…

Following a Monday in which they saw their worst day since November, stocks rebounded on Tuesday after comments from Ben Bernanke that defended the Fed’s bond-buying stimulus program and quelled investors’ worries that it may pull back on stimulus…

Although they started the day strong, all major indexes ended Monday down more than 1% as investors worried that the outcome of the Italian election could put a damper on Europe making it through its financial crisis. The Euro continued to lose g…

Markets closed the week on a positive note Friday as Dow component Hewlett-Packard (HPQ) jumped over 10% on strong results. Insurer American International Group Inc (AIG) also posted surprisingly positive Q4 results, driving shares up over 2.5% f…

On Wednesday the Federal Reserve released the minutes from their most recent meeting, showing that multiple members are worried about QE plans for the $85 billion per month bond purchases but do not agree on what to do next. After the news release gold fell over 2% to its lowest level in one year while
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On Tuesday the markets in Europe finally made gains and reached three-week highs after better-than-expected economic data was released in Germany. The German economic sentiment index hit a three year high and caused investors to turn to the auto a…

On Monday the US markets were closed to to the President’s Day holiday. Investors continued to discuss the recent meeting of G20 policy makers that occurred on Friday. At the meeting the ministers pledged to not devalue their currencies to gain tr…

On Friday preliminary reports showed that consumer sentiment in the US had risen in February and spurred optimism for future employment. Another report was released from the manufacturing sector, showing that the year started off a little weak with drops in vehicle output but is looking to recover with increased factory activity in New York
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Despite negative economic data that came from the euro zone on Thursday, hopeful jobless data in the US and major news about the Berkshire Hathaway (BRK.A) and H.J. Heinz (HNZ) buyout helped markets on Wall Street trim losses. The euro fell to a three-week low against the dollar after a disappointing GDP and economic output
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Despite today’s drop for the Dow, the major indices continue to push toward record levels in 2013. A big deal came from Comcast (CMCSA) and General Electric (GE) for the sale of NBCUniversal to Comcast for $16.7 billion, sending both companies’ shares higher. Also down for the day were McDonald’s (MCD) as well as Dean
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On Tuesday, the Dow Jones closed above 14,000 again and reached a five-year high during today’s session before settling lower due to tech sector losses. The S&P also ended higher while Nasdaq dropped about 0.2% on Apple’s (AAPL) dip today. The big gainers included Avon Products Inc. (AVP) who saw shares rise 21% on Q4
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Volume was lighter than usual on Wall Street as stocks closed the day with small losses. Vice Chairman of the Federal Reserve Janet Yellon made comments that the labor market needs to remain in focus and that the bank’s ongoing monetary policy is appropriate for the current state of the economy. In corporate news, AOL
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A string of economic reports was released on Friday, including data that showed the US trade deficit fell nearly 21% in December to $38.5 billion, the largest drop in three years. Also, wholesale inventories unexpectedly fell in December, a negative signal for economic growth in the US. A group of European leaders met today to
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Stocks declined on Thursday after comments from the ECB president about the Euro decreased optimism on Europe’s economic outlook. Top U.S. retailers reported strong sales in January, which surprised many investors who thought the decrease in disposable income resulting from higher payroll taxes would adversely impact these numbers. U.S. jobless claims fell last week, nearing
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Stocks ended mixed on Wednesday as the tech industry struggled. Despite the small changes on Wall Street today, the S&P 500 has now gained 6% so far this year and continues to push the equity market upward. European stocks fell to two-month lows ahead of an ECB meeting that could reveal concern over the economic
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The major US indices ended higher on Tuesday and rebounded from yesterday’s losses. Dell Inc. (DELL) sparked much of this upward movement after agreeing to their buyout valued at $24.4 billion that will take the company private. Zynga (ZNGA) also …

After reaching such highs last Friday, the major indices fell hard on Monday and caused what was the greatest single-session drop so far this year. Attention was brought to European markets as debt crisis worries were revived in both Spain and Italy. Spain’s Primer Minister Rajoy was called to resign after talks of corruption scandals. The
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Markets were pushed higher after positive data was released regarding employment in the US. The economy added more jobs towards the end of 2012 than was originally reported and as a result the Dow crossed above 14,000 points for the first time since 2007. Nasdaq and the S&P 500 also finished higher for the day.
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