Investors started the week off fairly cautious ahead of the Federal Reserve’s meeting on interest rates and Moody’s warning about the United States’ AAA rating. Stocks declined during most of the session, but managed to cut some losses before the closing bell. Today’s selloff comes on the heels the Nasdaq and S&P 500 ending at [...]
New York Mercantile Exchange
Stocks Slip as Investors Seek Guidance
March 15th, 2010Stocks Make a Late Recovery; Dodd Goes Solo with Financial Regulation Bill
March 11th, 2010Today’s session mirrored the last few ones. Stocks bounced around for most of the day, but managed to post slim gains before the closing bell. Advancing stocks narrowly outpaced those that fell on the New York Stock Exchange, where trading volume came to 649.9 million shares. Financial shares continued to advance following comments from Citigroup’s [...]
Tough Week Ends on a Higher Note
February 26th, 2010Stocks struggled to move higher on Friday, but managed to scrape together some gains before the closing bell. Investors were hit with bad news from several places during the session. American International Group Inc. (AIG) posted a larger than expected fourth-quarter loss. The Commerce Department reported that the nation’s economy grew at a faster pace [...]
Greece Debt Woes Shakeup Stocks; Jobless Claims Spike
February 25th, 2010Stocks were able to cut some earlier losses, but still finished lower as worries about Greece’s debt crisis and other economic data came into play. The Dow Jones Industrial Average shed 53.13 points to finish the day at 10.321.03. Stocks tumbled at the start of session after Standard & Poor’s and Moody’s said they may [...]
Bernanke’s Comments Break Two-Day Slide – February 24, 2010
February 23rd, 2010Investors shifted back into drive and sent stocks higher following a two-day slide. Market breadth was positive. On the New York Stock Exchange, winners beat losers by more than five to two on volume of 570 million shares. Stocks initially posted slim gains, but fell lower following a worse-than-expected new home sales report. Ben Bernanke’s [...]
Investors Look for Guidance; New Credit Card Rules Take Effect
February 22nd, 2010Stocks drifted lower on Monday following a choppy session. Overall the markets were fairly quiet following an impressive week. The Dow Jones shed 19 points today, but last week it surged 300 points. Energy shares weighed on the S&P 500, but their impact was limited by a jump in banks. JPMorgan Chase (JPM) and Bank [...]
Stocks Cling to Gains; Boeing Cuts Workforce Down; Tiger Wood Issues Apology
February 19th, 2010Investors tried to hold onto gains from this week as stocks seesawed for a majority of the session. About three stocks rose for every two that fell on the New York Stock Exchange, where volume came to 652.7 million shares. The session started off in red in response to the Fed’s announcement that it is [...]
Relief for Greece Pushes Stocks Higher; Is Google Buzz a Bomb?
February 11th, 2010Stocks rose on Thursday as investors started to scoop up riskier investments. By midday Wall Street was making sharp advances after European leaders promised to help Greece with its debt issues. The Dow Jones Industrial Average added 105.81 points to close the day out at 10,144.19. Gains were broad based, with 27 of 30 Dow [...]
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An index whose purpose is to reveal the performance of the entire market, such as the S&P 500, Wilshire 5000, AMEX Major Market Index or Value Line Composite Index. Different broad-base indices have different approaches to ensuring that the index captures the entire breadth of market activity. The Wilshire 5000 takes the most all-inclusive approach by including all the stocks listed on the New York Stock Exchange and almost all the stocks listed on the NASDAQ and American Stock Exchange. The S&P 500 includes 500 companies that are together considered a good indicator for the US stock market, based on the industries the companies operate in, their positions within the industry, and their market capitalizations. The S&P 500 is a market-weighted index, so only 10% if its components make up about 75% of its value. The Value Line Composite Index takes an in between approach by tracking 1700 issues. The Value Line Composite is thought to be a better indicator of speculative stocks than of more stable stocks.
Dow Extends Winning Streak; Senate Passes Key Jobs Bill
March 17th, 2010Stocks were led higher on Wednesday as investors continued to cheer U.S. and Japanese central banks’ decision to keep interest rates low. The Dow Jones Industrial Average added 47.69 points and extended its longest winning streak since December. Advancers beat decliners nearly 3 to 1 on the New York Stock Exchange, where composite volume stood [...]
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