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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 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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Market Wrap For April 16: Markets Hold On To Gains On Positive Yellen Comments And Economic Data
Wednesday, April 16, 2014 - 4:50pm | 2676U.S. stocks held on to strong gains as U.S. industrial production rose more than projected. The Fed confirmed it will maintain a "friendly" policy that will support the economic recovery. According to Fed Chief Janet Yellen there are three main concerns the central bank is facing. Specifically...
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Market Wrap For March 26: Markets Close Near Session Lows In Yet Another Volatile Trading Session
Wednesday, March 26, 2014 - 4:46pm | 2082U.S. stocks failed to rise in a choppy session which began the day in positive territory. Shares reversed and turned negative with technology stocks leading the way. The CBOE Volatility Index, also known as the "fear index" rose 3.9 percent to 14.57 despite economic data released today coming...
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Market Wrap For March 20: Investors Showing No Post-Fed Decision Hangover
Thursday, March 20, 2014 - 4:44pm | 1946U.S. stocks recovered most of Wednesday's losses after Fed Chief Janet Yellen spooked the markets a bit by hinting a rate hike could occur as soon as six months after the central bank terminates its quantitative-easing program. Investors found positives in several economic reports released...
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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 5:37pm | 2664U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
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Market Wrap For February 27: Yellen Talks Pushes Markets Higher
Thursday, February 27, 2014 - 5:47pm | 2887U.S. stocks rose after Federal Reserve boss Janet Yellen appeared in the hot-seat today speaking to the Committee on Financial Services and U.S. House of Representatives. Yellen said that it is too soon to determine the extent of which cold weather played a role in a recent batch of poor economic...
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Market Wrap For February 14: Markets End The Week Positive
Friday, February 14, 2014 - 5:50pm | 2701U.S. stocks rose on Friday as investors were able to overlook some disappointing economic data as a result of cold weather. Major indices showed signs of strength today as the Nasdaq continues to inch towards historical all time highs of 5,135.52 recorded on March 10,2000. Today, the index hit...
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#PreMarket Primer: Friday, February 14: A Turnaround
Friday, February 14, 2014 - 8:26am | 930After what set up to be a rough day in the market, major indices turned around and finished the day higher yesterday. Thursday, the Dow was up 63.65 points to finish the day at 16,027.59. The S&P was up 0.6 percent, or about 10 points, to 1,829.83 and the NASDAQ was up about one percent to...
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Market Wrap For February 12: Markets Take a Breather, Senate Passes Debt Limit Bill
Wednesday, February 12, 2014 - 5:59pm | 3119U.S. stocks took a breather on Wednesday with major indices little changed after one of the largest four-day bull runs in recent history. The House has authorized a one year extension to the government's borrowing authority until March 16, 2015. The Senate gave the final seal of approval this...
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Earnings Expectations For The Week Of February 10: AIG, Cisco, Deere, PepsiCo And More
Monday, February 10, 2014 - 7:33am | 990The earnings season is winding down. Most of the S&P 500 have reported fourth-quarter results, and the good news is that earnings beats have outnumbered earnings misses. Here is a quick rundown of what analysts expect from some of this week's most prominent quarterly reports. America Movil...
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Market Wrap For January 28: Markets Snap Losing Streak, Apple Tumbles
Tuesday, January 28, 2014 - 5:42pm | 2932U.S. stocks reversed its multi-day losing streak as investors found enough positives in Tuesday's earnings to end the Dow's five day losing streak. The FOMC began its first day of a two-day meeting. The Wall Street Journal's Jon Hilsenrath believes that the central bank will reduce...
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Hedge Fund Casablanca Capital Assumes Activist Role With Cliffs Natural Resources
Tuesday, January 28, 2014 - 12:05pm | 327On Tuesday, Casablanca Capital disclosed that it had amassed a 5.2 percent stake in Cliffs Natural Resources (NYSE: CLF). Casablanca Capital will assume an activist role in pushing the mining company to implement major changes to the company in hopes of improving shareholder value. Cliffs Natural...
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Top Trending Tickers On StockTwits For January 28
Tuesday, January 28, 2014 - 11:31am | 976Here's a look at the top tickers trending on StockTwits.com Apple: One of the quarters most anticipated earnings Monday night, Apple (NASDAQ: AAPL) reported its first quarter earnings that beat both EPS and revenue consensus estimates. This morning investors are turning to analysts...