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Weekly Market Recap

Record Closes & The Feds Announcement Highlight the Week

October 31st, 2014

Weekly Wrap Up A roller coaster month for stocks ends on a high note as the Dow Jones and S&P 500 close out October with record highs. This week the Fed announced that they would be putting an end to their bond buying program that began in 2008. The Fed believes that the program has
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S&P 500 Posts Biggest Weekly Gain of 2014

October 24th, 2014

Weekly Wrap Up Stocks closed higher on Friday, with the S&P 500 posting its biggest weekly gain of 2014. Oil prices hit a 27-month low this week as the price of crude oil fell to nearly $80 a barrel. Some economists believe that crude oil prices can and will drop even further, possible down to
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Stocks Rally on Friday, Still End the Week Down

October 17th, 2014

Weekly Wrap Up The stocks end the week rallying, but the Dow Jones still closed down 1% for the week after jumping up 263 points on Friday. Yesterday’s rally was optimistic but stocks are still down for October. Nasdaq is down over 5% this month and this is the fourth straight week that the Dow
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Dow Lost All 2014 Gains This Week

October 10th, 2014

Weekly Wrap Up A bad week for stocks finally ends with the Dow reporting its biggest drop of 2014 on Thursday. The Dow ended the week down 2.7%, while Nasdaq fell a whopping 4.5%. This week also wiped all of the gains made by the Dow Jones Industrial Average in 2014. The Dow ended the
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Hiring Rebounds as 248,000 Jobs Were Added in September

October 3rd, 2014

Weekly Wrap Up September’s bad rep for stocks lived on this year as this year as the S&P 500 and Nasdaq fell 1.5% and 1.9%, respectively. And October started off rough as the Dow Jones fell 238 points on October 1st. September’s job report was released yesterday and reported much better than expected figures. The
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Tech Stocks Driving Force Behind Roller Coaster Week for Stocks

September 26th, 2014

Weekly Wrap Up U.S. stocks ended a roller coaster week in the green. Tech stocks seemed to be the driving force behind this weeks gains and losses. Alibaba’s (BABA) surge during its IPO was short lived as it fell over 4% on Monday. Later in the week, Apple’s (AAPL) stock dropped around 4% due to
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Record Setting Week for Stocks; Interest Rates to Remain Low

September 19th, 2014

Weekly Wrap Up Overall, it was a really good week for U.S. stocks. The Dow Jones closed at record highs for 3 days this week, joined by the S&P 500 which closed with a record high on Thursday. The Fed held their Federal Open Market Committee this week and the big news out of that
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Weak Jobs Data Pulls Stocks Down; Apple Unveils New Products

September 12th, 2014

Weekly Wrap Up Stocks struggled throughout the week, posting their first weekly loss in 6 weeks. The number of Americans filing unemployment claims unexpectedly rose last week. An additional 11,000 Americans filed for unemployment benefits, rising the total to a seasonally adjusted 315,000, the highest level since the end of June. Dollar General (DG) has
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Alibaba IPO Valued Near $20B; Kroger to Hire 20,000 More Workers

September 5th, 2014

Weekly Wrap Up The S&P 500 continued its record setting run, ending with yet another record finish on Friday to close out the week. The August jobs report was released on Friday, and it missed the mark. It was estimated that at least 200,000 jobs would be added last month, but in reality only 142,000
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August Named the Best Month for Stocks Since February

August 29th, 2014

Weekly Wrap Up The S&P 500 finally ended the day above 2000 for the first time in history. Throughout the week it continued to push further into record territory. August is the best months for U.S. stocks since February, partially due to the S&P 500 and the Dow Jones posting gains for 4 straight weeks.
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S&P 500 Closes With Its 28th Record High of the Year; Labor Market Not Fully Recovered

August 22nd, 2014

Weekly Wrap Up U.S. stocks posted slight gains this week, with the S&P 500 closing at its 28th record high of the year on Thursday. Janet Yellen spoke at the Fed’s annual symposium on Friday and said that while the labor market continues to improve, it has yet to fully recover years after the end
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Manufacturing Output Up 10.1%; Dow Has Best Weekly Gain

August 15th, 2014

Weekly Wrap Up Geopolitical factors played a major role this week, but there were indicators that investors were getting used to the uncertainty coming from the Russian-Ukrainian border. Despite Friday’s losses, major stock indexes were on track for the second straight week of gains with the Dow hitting its best weekly gain in five weeks.
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38% of Investors Feeling Bearish; Stocks End Roller Coaster Week Up

August 8th, 2014

Weekly Wrap Up Stocks have had a roller coaster of a week, dealing with the after effects of all of the geopolitical issues. On Thursday, the Dow even ended the day at its lowest point in nearly 3 months. Bearish sentiments continue to rise on Wall Street as 38% of investors are feeling bearish this
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Fed Continues to Trim Stimulus; Argentina’s Debt Default Impacts Stocks

August 1st, 2014

Weekly Wrap Up Argentina’s debt default drove the stocks down during the latter part of this past week. The debt crisis drove the Dow Jones down over 300 points on Thursday alone. The Fed also announced this week that they will continue to trim the stimulus by an additional $10 billion. The Federal Reserves cited
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Companies Continue to Release Q2 Earnings; IMF Cuts U.S. & Global Forecasts

July 25th, 2014

Weekly Wrap Up Stocks ended Friday in the red after the S&P 500 ended with record finishes on Wednesday and Thursday. The International Monetary fund cut its forecast for both U.S. growth and global GDP growth this year. On Wednesday, the IMF announced that they would be cutting its U.S. economic growth forecast for 2014
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Stocks Bounce Back; Microsoft Announces Layoffs

July 18th, 2014

Weekly Wrap Up Stocks end the week up, bouncing back from ending drastically down on Thursday. The factors that drove the stocks down this week were mainly geopolitical events, including the Malaysia Air crash in Ukraine and the continuing violence in Gaza. This week Janet Yellen stated that she believed that many U.S. stocks were
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Fed Releases June’s Minutes; AMZN

July 12th, 2014

Weekly Wrap Up After the Dow ended above 17,000 for the first time last week, stocks were mainly down this week. There are many factors that have contributed to the stocks ending down; but the main reasons are the possible spreading of the Portuguese financial crisis throughout Europe and that the chief of the International Monetary
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Street Ends Mixed This Week as Consumer Sentiment Brightens (GPRO, NKE)

June 27th, 2014

Weekly Wrap Up The US markets were able to close higher on Friday, but both the SP 500 and Dow Jones ended lower for the week. Nasdaq saw its second consecutive weekly gain. Consumer sentiment reportedly rose this month to a reading of 82.5 for June, driven by auto sales. On Wednesday it was announced
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Fed Continues to Trim Stimulus; Amazon Unveils 3-D Fire Phone

June 20th, 2014

Weekly Wrap Up The week ended on a high note with the Dow Jones and S&P 500 closing at record highs. In addition, Nasdaq closed at a 14-year high. The Federal Reserve met this week and announced, as expected, that they would be cutting the stimulus package by another $10 billion, reducing monthly spending from
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S&P 500 Surpassing 2014 Outlook; Global Unrest Drives Stocks Down

June 13th, 2014

Weekly Wrap Up Stocks had a rocky week partially due to the ongoing unrest in Iraq. This unrest is also pushing crude oil prices to their highest level this year and increasing the global demand for oil. The World Bank also lowered its global economic outlook due to ongoing conflicts in many parts of the
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