Weekly Wrap Up This week important data was released regarding the jobs market and plans from the US government for future policy. GDP contracted more than was forecast but the addition of 157,000 jobs in January suggests that the labor market was improving towards the end of 2012. During the week the Federal Reserve announced
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Weekly Market Recap
Dow Jones Sees 14,000 Points for the First Time Since Oct. 2007
February 1st, 2013S&P 500 Posts 1.1% Rise for the Week; Apple Drags Down Nasdaq (AAPL)
January 25th, 2013 Weekly Wrap Up
This week was momentous for the S&P 500. The major index extended what has now become its longest winning run in over six years. Stock was trading higher due to many positive quarterly earnings as well as generally positive housing m…
Market Sees Third Straight Week of Gains on Solid Earnings (MS, AAPL)
January 18th, 2013 Weekly Wrap Up
This week investors’ attention was drawn to fourth-quarter earnings results from major corporations. Many companies reported positive data including major banks like Morgan Stanley (MS) and Goldman Sachs (GS). The tech sector also ha…
Wall Street Ends Higher on the Week as Q4 Earnings Season Begins
January 11th, 2013 Weekly Wrap Up
US stocks saw gains and global economies showed multiple signs of positive growth this week. By Friday the euro rose to its highest level against the dollar since April mostly due to encouragement from Mario Draghi of the European Ce…
S&P 500 Closes Out the Week at its Highest Since 2007; Congress Passes Budget Deal
January 4th, 2013 Weekly Wrap Up
It was a shorter week than usual for trading due to the New Year’s holiday on Tuesday. Late Monday night a deal was reached in Washington that would increase taxes on the wealthiest 2% in America and prevents tax hixes and spending c…
Stocks Slump for Five Straight Sessions on Dimming Hopes for a Cliff Deal
December 28th, 2012 Weekly Wrap Up
Stocks ended on Friday with five straight sessions of losses after investors’ hopes of a budget agreement continued to decrease. Many awaited news from President Obama about a cliff deal on Friday while the GOP is not set to reconven…
The Dow, S&P 500 and Nasdaq Compositve All Finish Up for the Week
December 21st, 2012 Weekly Wrap Up
The major indices were inconsistent over the last five sessions but finished the week with positive gains. Investors focused mostly on fiscal cliff talks between the House and President Obama, but hopes have faded as it seems unlikel…
Stocks End Mixed for the Week Due to Lack of Fiscal Cliff Progress
December 14th, 2012 Weekly Wrap Up
This week many were hopeful for progress with fiscal cliff talks but by Friday no common ground had been reached. It is unlikely that a deal with be agreed on before the holidays and negotiations will most likely continue into 2013. …
Stocks End the Week Mostly Higher Despite Fiscal Cliff Worries
December 6th, 2012 Weekly Wrap Up
The Dow and S&P finished the week higher, but another sell-off in Apple ((AAPL: Charts, News)) depressed tech shares and kept the Nasdaq negative. The jobs report released Friday showed better-than-expected growth, however lower-tha…
Companies Share Mixed Earnings Results as Street Focuses on Fiscal Cliff Talks
November 30th, 2012 Weekly Wrap Up
Despite the rise of holiday shopping and the amount of spending on Black Friday and Cyber Monday, quarterly results and sales were mixed for many corporations over the past five days. Green Mountain Coffee Roasters (GMCR: Charts, New…
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