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Weekly Market Recap

Short Week Reveals Continual Stock Trouble as Fed Releases January Minutes

February 21st, 2014

Weekly Wrap Up The U.S. stock market had a short week after being closed on Monday for President’s Day. And the trend of stocks this year continues, they repeatedly end the day down or mixed. Despite President Obama’s big push to raise the minimum wage to $10.10, many believe that there would be serious consequences
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Export Prices Continue to Rise; Jos. A. Bank to Purchase Eddie Bauer

February 14th, 2014

Weekly Wrap Up After experiencing a tough year so far, the stocks ended this week with the best weekly gains of 2014. Export prices rose 0.2% in January, for the third straight month, showing a positive outlook for American manufactures. Due to the harsh winter weather the the country has experienced over the past month
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Facebook Celebrates 10 Years as January Jobs Report is Released

February 7th, 2014

Weekly Wrap Up The week began with the worst start in February since 1933 but ended on a high note as all three main U.S. indices ended in the green on Friday. On Tuesday of this week Facebook (FB) celebrated its 10th birthday. Over the past 10 years Facebook has become one of the top
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Earnings Reports Continue to be Mixed; Yellen Takes Over Feb. 1st

January 31st, 2014

Weekly Wrap Up The Federal Reserve met this week and decided to increase tapering by another $10 billion, which will reduce its bond-buying program to $65 billion in February. This week also marks the last week that Bernanke will serve as the chair of the Federal Reserve, as Janet Yellen takes over on February 1st.
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Stocks Continue to Struggle as Dow Jones Drops 318 Points

January 24th, 2014

Weekly Wrap Up Stocks continue to struggle this week with the Dow Jones ending the week dropping around 318 points on Friday. The S&P 500 and the Dow Jones finished the week below 1,800 and 16,000, respectively. The World Economic Forum began this week bringing the world’s top leaders together in Davos, Switzerland. While many
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S&P 500′s Record High is the Bright Spot of the Week

January 17th, 2014

Weekly Wrap Up After having mixed results since the beginning of the year the stocks had a bright spot this week – on Wednesday the S&P 500 ended the day with a record high. Many companies reported this week that their 4Q earnings were not as high as they were expecting. Many retailers are falling
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Fischer Selected as Vice Chairman of the Fed; CGI Fired as Contractor of Healtcare.gov

January 10th, 2014

Weekly Wrap Up Stocks continued to struggle throughout the week. The week ended with the Dow Jones ending down due to a disappointing December jobs report. President Obama has selected Stanley Fischer as the new vice chairman of the Federal Reserve. Fischer will be replacing Janet Yellen as she is set to become the next
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Will the Economy Continue to Improve in 2014?

January 3rd, 2014

Weekly Wrap Up This week we saw an end to 2013 and the beginning of 2014. On Thursday, the first day of trading, the stocks ended down and experienced its worst opening day since 2008. While 2014 didn’t start off great, 2013 was announced as the best year for the stock market since 1997. Many
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Judge Ruled NSA’s Actions are Legal; U.S. Jobless Aid Ends Today

December 27th, 2013

Weekly Wrap Up The stocks end down after Dow Jones achieved another record high on Thursday. It is now likely that the case involving the NSA and its collection of millions of Americans’ Internet and telephone records will be seen by the U.S. Supreme Court after a federal judge ruled that the NSA collection efforts
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The Fed Reveals Tapering Plans as U.S. Economy Expands

December 20th, 2013

Weekly Wrap Up The week began with the stocks up after third quarter productivity data was released on Monday, showing that U.S. worker productivity jumped up 3%. But, the big news this week occurred on Wednesday as the Federal Reserve finally announced that they will begin tapering the stimulus package in January 2014. They have
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Stocks End Mixed After Lackluster Week; Twitter’s Stock Continues to Rise

December 13th, 2013

Weekly Wrap Up The stock market had an overall lackluster week. After the S&P 500 ended Monday with a record close, the market ended down for the next three days. To close the week, the Dow Jones and Nasdaq ended in the green while the S&P 500 ends in the red. The poor week was
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Jobs Report Signals an Improving Economy

December 6th, 2013

Weekly Wrap Up Cyber Monday started off the week delivering a record number of sales as more retailers develop specific mobile sites, giving customers additional platforms to purchase from. The stocks have been primarily down this past week but the Dow, Nasdaq, and S&P 500 all finished in the green on Friday after the jobs
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Record Finishes for Dow Jones and the S&P 500 Highlight the Week

November 22nd, 2013

Weekly Wrap Up The Dow Jones continues its record run, ending Thursday above 16,000 for the first time in history. It was followed quickly by the S&P 500 finishing above 1,800 for the first time ever on Friday. Janet Yellen received the nomination for chair of the Federal Reserve by the Senate Banking committee, which
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Yellen Nominated by Obama; Merge Creates the World’s Largest Airline Carrier

November 15th, 2013

Weekly Wrap Up The stock market continued to make headlines all week after setting, and then beating multiple record days. The S&P 500 and Dow Jones ended the week up for the sixth straight week. President Obama announced his nomination for the next chair of the Federal Reserve, Janet Yellen. During the Senate Banking Committee
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Twitter and the October Jobs Report Highlight the Week

November 8th, 2013

Weekly Wrap Up The week’s big news was that Twitter (TWTR) finally entered the market after many weeks of discussing terms and IPO prices. Thursday was its first day on the market and its stocks rose nearly 77% during the day and ended at $44.90 per share. While Friday wasn’t as successful for Twitter, share
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Stocks Finished In The Green; TWC With Poor 3Q

November 1st, 2013

Weekly Wrap Up After a recording break start to the week the three major stock indexes ended the week on a high note due to the strong manufacturing report. On Wednesday, the Federal Reserve announced that they decided to continue with their stimulus package and will continue spending at a rate of $85 billion per
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Stocks End With a Weekly Rise on Techs and Fed Taper Views

October 25th, 2013

Weekly Wrap Up The US stock markets saw another weekly gain because of several positive economic reports, corporate earnings, and the expectation that the Fed will continue its bond-buying program through the end of the year. Orders for durable goods rose on higher demand, while consumer sentiment in the US dropped to a ten month
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S&P Finishes Week at All-Time Record; Debt Deal and Earnings (GS, GOOG)

October 18th, 2013

Weekly Wrap Up This week the government shutdown in the US ended after what was 16 days of battling between the Senate and House of Representatives. Congress was able to reach an agreement that extends the debt ceiling until early 2014 when the similar funding decisions will need to be made. The markets continued their
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Street Sees First Weekly Gain in Three; Shutdown Continues (JPM, TSLA)

October 11th, 2013

Weekly Wrap Up Despite growing worries over the US debt ceiling debate and current government shutdown, the major indices were able to finish the week with the first gain in three weeks. Many leaders across the globe warned the US that if it defaults on its debt it would cause harsh repercussions for many countries.
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Markets End Mostly Lower on Government Shutdown, Debt Ceiling

October 4th, 2013

Weekly Wrap Up After Congress was unable to reach an agreement about funding, the US government shutdown for the first time in seventeen years on Tuesday. By Friday the closure dragged on to day four and anxiety and uncertainty continued to increase. Major markets ended with a weekly loss. The US debt ceiling decision is
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