Weekly Wrap Up
I love shorter weeks when Wall Street is closed for a day. For some reasons, these tend to be the winning weeks for investors. Last week, was a such a week due to the Presidents Day in the U.S., and the stock markets perform marvelously. Overall, the DJIA was up +305.17 points to [...]
Stocks remained close to the flat line on Wednesday after the Federal Reserve left interest rates unchanged and outlined its plan for removing economic support. The Dow Jones Industrial average shed almost 11 points to finish at 10,441.12. Intel Corp. (INTC) was the biggest decliner among the 30 stocks that make up the Dow industrials [...]
Tech Stocks Lead Broad Market Decline
Investors turned cautious once again today and stocks fell into negative territory. The Dow Jones Industrial average came off of its 13-month high to finish at 10,426.31. A drop in new home construction brought up jitters at the beginning of the session. Stocks struggled for most of the day [...]
Stocks Continue Rally
Stocks climbed to fresh 13-month highs on Monday after comments from Federal Reserve Chairman Ben Bernanke reiterated that interest rates would remain low. The Dow Jones Industrial Average added 136.49 points to cap off the session at 10,406.96. Broader stock indicators also pushed higher before the closing bell. The day started off with [...]
Stocks Hold Modest Gains
Stocks inched higher on Wednesday after investors got a boost of confidence from Fed officials. They signaled that the central bank would keep interest rates low and economic stimulus flowing for the foreseeable future. Stocks also received a boost from luxury homebuilder Toll Brothers Inc (TOL), which forecasted revenue that [...]
Stocks Recharge and Rally
Stocks rallied Thursday after a drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a new reason to be optimistic about the economy. The Dow Jones Industrial average was able to reclaim the highly-coveted 10,000 spot following the rally. Gains were broad based, with all 30 [...]
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Financial and Tech Shares Drive Stocks Higher – January 13, 2010
January 13th, 2010Stocks finally turned higher on Wednesday as investors scooped up financial and tech shares. Stocks fluctuated initially, but found some stable ground during afternoon trading. The Dow Jones Industrial Average added 53.51 points to close the day out at 10,680.77. Broader stocks indicators also advanced. The Nasdaq added 25.59 points while the Standard and Poor’s [...]
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