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Markets Marginally Lower Ahead Of Friday's Jobs Report
Thursday, December 4, 2014 - 6:00pm | 1047U.S. stocks were slightly lower on Thursday as investors and traders may be sitting on the sidelines ahead of Friday's monthly jobs report. The Dow nearly traded lower by 100-points but rebounded and traded at a new all-time high of 17,937.96 before ending the day almost unchanged. U.S....
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Bond Market Week Ahead
Monday, May 12, 2014 - 12:09pm | 1726U.S. economic data, Eurozone sovereign rates, and safe haven buying will drive the bond market this week. These factors may lead to a retest of short term support in 10 year yields. The yield has been in a narrow trading range between 2.83 percent and 2.59 percent since February, and a broader...
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Market Wrap For May 8: Tesla Helps Extend Nasdaq's Losing Streak To 3 Straight Days
Thursday, May 8, 2014 - 4:32pm | 3174U.S. stocks were mixed as the Dow finished in positive territory and the S&P 500 index turned negative after rising to within two points of its record close. The Nasdaq also turned negative towards the end of the day, declining for the third straight day. Earnings continue to come in mixed...
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Market Wrap For April 24: Apple's Smashing Earnings Overshadowed By Ukraine Concerns
Thursday, April 24, 2014 - 4:41pm | 3104U.S. stocks inched higher as Apple's strong earnings reported on Wednesday proved to be not enough to ease fears over an escalating tension between Russia and Ukraine. Reports surfaced of escalated troop movements in Ukraine while Russia began military drills near the Ukraine border. After...
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Market Wrap For April 10: Wednesday's Rally Completely Forgotten
Thursday, April 10, 2014 - 4:33pm | 2616U.S. stocks tumbled as investors and traders showed no intention of allowing Wednesday's bull charge to continue. The Nasdaq index continues to under-perform and notched its worst one day performance since 2011. The decline in the Nasdaq index continues to be fueled by biotech and momentum...
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Market Wrap For April 3: Markets Winning Streak Fails To Extend To Five Days
Thursday, April 3, 2014 - 5:50pm | 2205U.S. stocks were unable to post its fifth consecutive day of gains as the weekly jobless claims figure gained more than expected. Investors and traders were likely sitting on the sideline, waiting for Friday's monthly government jobs. Economists are expecting a gain of 197,000 new jobs in March...
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Down On The Corner Of Main Street And Wall Street
Friday, March 21, 2014 - 3:21pm | 872There was an interesting article in the Wall Street Journal this week about the intense competition among banks to manage the assets of the wealthier clients. Many of them are now offering what they call ‘lifestyle advisory services,' which include everything from planning a vacation to finding the...
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Market Wrap For March 13: Bears Come Out Of Hibernation As Dow Suffers Largest Daily Loss Since February 3
Thursday, March 13, 2014 - 4:52pm | 2311U.S. stocks fell as worries piled up over China's economy and further tension in Ukraine. China's combined industrial output growth slowed to 8.6 percent on year in January and February, below a forecast for a 9.5 percent rise and a previous reading of 9.7 percent. The New York Times reported...
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Market Wrap For February 13: Markets Close Higher; Nasdaq on a Six Day Winning Streak
Thursday, February 13, 2014 - 5:50pm | 2839U.S. stocks finished higher on Thursday after a bumpy start to the trading session. “People want to buy the dips now because the market made a bottom after Feb. 3,” Donald Selkin, chief market strategist at National Securities Corp. told Bloomberg. “We got very oversold and now it's believed...
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Market Wrap For December 18: Markets Flat During Day One Post Fed Taper
Thursday, December 19, 2013 - 5:47pm | 2272Major indices barely budged Thursday following yesterday's monster rally after the Fed announced it will begin tapering. Overall volume was below average which is typical in the final trading days of the year. Next week will be shortened as investors break for Christmas and a week later for new...
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Market Wrap For December 12: Dow Suffers Second Consecutive Day of Triple Point Loss
Thursday, December 12, 2013 - 5:41pm | 2348Major indices continued its decline from yesterday as the Dow suffered a triple digit point loss for the second consecutive day. Positive retail sales data added to an otherwise already convincing case that the economy is strong enough for the Federal Reserve to begin tapering. The Fed's policy...
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Market Wrap For December 5: Market Participants Anxiously Await Tomorrow's Employment Report
Thursday, December 5, 2013 - 6:00pm | 2246Stock futures pointed to a lower open following premarket data revealing that the U.S. economy and job market are improving faster and stronger than expected. Selling began at the bell and continued for the entire day as major indices failed to hold on to any rallying gains. Investors and...
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Benzinga Market Primer: Thursday, July 11: Futures Rise After Bernanke Speaks
Thursday, July 11, 2013 - 6:38am | 1240Futures Higher On Dovish Bernanke U.S. equity futures rose sharply as a speech from Federal Reserve Chairman Ben Bernanke after the close Wednesday was much more dovish than expected. The comments show that the Fed is not looking to end its easy money policies any time soon. Top News In other...
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Weekly Preview: Fed In Focus as Tapering Fears Mount
Friday, June 14, 2013 - 3:44pm | 2219Next week, the Fed's policy statement, updated forecasts and Press Conference with Chairman Ben Bernanke will be closely watched. Key earnings from companies including FedEx (NYSE: FDX), Micron Technology (NASDAQ: MU), and Oracle (NASDAQ: ORCL) will also be watched. Key Earnings Earnings from...
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Bloomberg Looks For Excuses, Tickerguy Explains
Monday, June 20, 2011 - 11:30am | 161From Bloomberg: The Bloomberg Consumer Comfort Index has stalled near its recession average as the Dow Jones Industrial Average has risen 83 percent from a 12-year low in March 2009. A tight correlation between the index and Dow that lasted more than two decades has broken down as joblessness...