Weekly Wrap Up
Last week’s trading was choppy, to say the least. There were no visible trends to be found, as investors are still analyzing how they feel about last year’s performance. Q4 reports started coming in, with Alcoa (AA: Charts, News, Offers) falling below expectations, while others including Intel (INTC: Charts, News, Offers) and JPMorgan [...]
Weekly Wrap Up
Last week was short but sweet for investors. The market opened strong on Monday with news of mergers and upgrades that propel stocks higher. Leading the merger front was the news of French drug maker Sanofi-Aventis SA (SNY: Charts, News, Offers) announced plans to buy health care products company Chattem Inc. (CHTT: Charts, [...]
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 [...]
Energy Shares Lead Selloff
Stocks closed sharply lower Thursday, ending a six-day rally as energy shares dragged on the market. Four stocks fell for every one that rose on the New York Stock Exchange. The government’s report of a jump in petroleum supplies stirred worries that falling energy demand was a sign of weakness in [...]
Weekly Wrap Up
The markets climbed higher into positive territory this week. The Dow Jones jumped up 30.97 points to 9,995.91 while the Nasdaq added 17.52 points to close at 2,156.80. The S&P 500 also gained 16.19 points and finished the week at 1,087.68. Monday was a relatively slow day for the markets. The Dow Jones [...]
Stocks Close Lower
The cheers on Wall Street subsided on Friday as investors pushed stocks lower following disappointing earnings from Bank of America (BAC) and General Electric (GE). A dip in consumer sentiment also reminded investors that people are still struggling and not that confident in the economy just yet. The Dow Jones [...]
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Choppy Session Finishes with Modest Gains – January 14, 2010
January 14th, 2010Stocks managed to close slightly higher on Thursday after a choppy session. Weak reports on retail sales and unemployment weighed on stocks for the majority of the day, but news that businesses increased inventories provided the session with some momentum during afternoon trading. The increase in inventories suggests that businesses are feeling more confident that [...]
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