Daily Market Commentary

As discussions over the restructuring of Greek debt hit another roadbump in Europe, major indices were flat or slightly down today. Louisiana received good news about its jobless rate, which went down from 6.9 percent in November to 6.8 percent in …

Major US indices ended essentially flat for the day today, as investor anxiety mounted during the meetings in Europe concerning the state of the eurozone and what actions might be necessary. Yields on 10-year Treasury notes fell for the fourth day …

After tech stocks led an early rally in the markets, they came back down, with the Dow keeping a 0.76 percent gain but the S&P 500 and Nasdaq remaining flat. A report from the National Association of Realtors claims that December home sales wer…

Major indices ended slightly up for the day today on the strength of the Q4 earnings from financial institutions, with a few big name technology companies also doing well. In more negative news, Eastman Kodak (EK), the company that invented the han…

Major indices were up by about 1 percent across the board today, on the strength of corporate earnings calls and hope on the eurozone front. The IMF announced that it was looking to increase its funds by $600 billion so that it could aid countries impacted by the crises, particularly eurozone nations. The announcement helped
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Despite the fact that nine European countries were downgraded by Standard & Poor this past friday–including France–markets were up today, with the Dow up almost half a percent. Recent data on housing sales shows that there was 14 percent grow…

US markets were flat today, in contrast to their European counterparts which fell on news that December retail sales had fallen short of expectations. The Federal budget deficit also increased year over year in December by almost $8 billion. The La…

Bank stocks were up today, along with materials, leading major indices to end up for the day. Meanwhile, the threat from Iran that they would close the Strait of Hormuz, a situation that has been ongoing for some time now, caused uncertainty that was reflected today in rising prices on oil futures contracts, up by
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Major indices showed modest gains today as investors anticipated earnings calls from a few major corporations. In economic news, Federal Reserve numbers show that consumer credit in the US increased by more than $20 billion in the month of November, the largest increase in the past decade. In corporate news, Amazon (AMZN) struck a deal
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Stocks fluctuated on Thursday as banks made strides forward and energy companies countered by sliding backward, leaving exchanges near even on the day. Bank of America (BAC) and JPMorgan (JPM) led banks toward gains, and Chevron (CVX) helped drag t…