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Market Wrap for Wednesday, September 11: S&P and Dow Close Up, Commodities and NASDAQ Close Down
Wednesday, September 11, 2013 - 4:11pm | 1156Major Indexes The Dow closed up 0.89 percent to 15,326,22 The NASDAQ closed down 0.11 percent to 3,725.01 The S&P closed up 0.30 percent to 1,689.12 Top Headline Texas Instruments (NASDAQ: TXN) narrowed its third-quarter forecast. Texas Instruments expects Q3 earnings of $0.51 to $...
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Market Wrap For Tuesday, September 10: Once Again, China Moves Markets Higher
Tuesday, September 10, 2013 - 4:22pm | 718The day kicked off higher and continued to dive forward, marking the sixth straight day of gains. After struggling in August, the equities have recovered almost all lost value. Major Indexes The Dow rose 127.86 points, or 0.85 percent to close at 15,190.98. The S&P 500 added 12.28...
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Market Wrap for Monday, September 9: Nasdaq Bounces To 13 Year High
Monday, September 9, 2013 - 4:14pm | 752Strong Chinese data started domestic markets higher to mark the fifth straight day of gains. The Nasdaq set a new 13 year higher while other indexes approach their previous peaks. Major Indexes The Dow Jones Industrial Average rose surged 138.68 points, or 0.93 percent to close at 15,061.08...
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Market Wrap For Friday, September 6: Late Day Sell Off on Anticipation of Weekend Syria Stand Off
Friday, September 6, 2013 - 4:24pm | 532After falling as much as one percent on Obama and Putin’s comments on Syria, markets rallied to finish the day unchanged. This is the fourth day in a row of volatility and minor gains. Major Indexes The Dow Jones Industrial Average dropped 14.98 points, or 0.1 percent closing at 14,922.50....
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Market Wrap For Thursday September 5: Markets Flop Up and Down While Traders Aren't Around
Thursday, September 5, 2013 - 4:37pm | 658Markets were incredibly indecisive today. Despite tons of employment data, Syrian uncertainty and Rash Hashanah kept volume low. Major Indexes The Dow Jones Industrial Average gained 6.61 points, or 0.040 percent, to close at 14,937. The S&P 500 added two points, or 0.12 percent, to...
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Market Wrap for Friday, August 30, 2013: Summer Ending in Turmoil?
Friday, August 30, 2013 - 4:31pm | 774Markets are experiencing great instability these days. Economic activity is mixed; making it less certain of what the Fed will decide next month. Talks on warfare with Syria contributing to an extra pressure on market participants. Major Movers The Dow Jones Industrial Average down 33.26...
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Market Wrap for Thursday, August 29, 2013: Syria and U.S. GDP Driving the Rally
Thursday, August 29, 2013 - 4:29pm | 654Market optimism is on the rise again. U.S. Economic activities showed significant improvements in a second-quarter and with Syria placed on a back burner, global markets gained confidence. Major Movers The Dow Jones Industrial Average climbed 16.44 points, or 0.11 percent closing at 14,840.95...
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Market Wrap for Wednesday, August 28: Fed Tapering Might Not Be Near
Wednesday, August 28, 2013 - 4:37pm | 642Housing market is getting hit by the increasing interest rate environment threatening economic recovery; investors perceive the data as a positive, as the Fed will be less likely move ahead with tapering and push stock markets higher. Major Movers The Dow Jones Industrial Average was up by +...
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Benzinga Market Wrap For Tuesday, August 20: Markets Regain Some Losses
Tuesday, August 20, 2013 - 4:14pm | 700Ending four days of losses, markets rallied Tuesday afternoon to close higher. Despite taking back some losses, investors are still cautious after losses in Asia last night. News was light on the economics front, but several retail companies reporting second quarter earnings led the way for...
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Market Wrap for Monday, August 19: Down Across The Board, Urban Outfitters Beats On EPS
Monday, August 19, 2013 - 4:15pm | 769Major Averages The Dow Jones Industrial Average closed down 0.47 percent to 15,010.74. The S&P 500 closed down 0.59 percent at 1,646.06. The Nasdaq closed down 0.38 percent at 3,589.09. Top Headline Saks (NYSE: SKS) reported a wider second-quarter loss. Saks posted a quarterly loss...
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Market Wrap for Wednesday, August 14: U.S. Stocks Fall Mid-Week; Commodities Finish Largely Higher
Wednesday, August 14, 2013 - 4:23pm | 989The U.S. stock market fell for most of Wednesday's trading session, finishing near its worst levels of the day. The Dow shed more than 100 points, while the S&P and Nasdaq recorded relatively smaller losses. While stocks were weak on the session, commodities were largely higher. Both long...
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Market Wrap for Tuesday, August 13: Stocks Record Modest Gains; Treasuries Plunge
Tuesday, August 13, 2013 - 4:35pm | 1206Stocks rose throughout much of Tuesday's trading session and finished the day with modest gains. In other markets, the U.S. Dollar rose while Treasury prices fell sharply on the session. Top stories on the day included a lawsuit filed by the Justice Department which challenges the merger...
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Market Wrap For Monday, August 12: Stocks Close Mixed To Start Week
Monday, August 12, 2013 - 4:42pm | 1050The U.S. stock market closed mixed on Monday, with the major averages spending most of the session near the unchanged mark. The Dow and S&P recorded very modest losses while the Nasdaq rose slightly to start the trading week. In other markets, U.S. Treasuries fell, the greenback rose, and...
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Market Wrap for Friday, August 9: Stocks Close Lower To End Week
Friday, August 9, 2013 - 4:35pm | 1184The U.S. stock market came under more selling pressure on Friday, with all three major market averages finishing in the red. A number of losses over the last 5 days sent the S&P 500 out with a better than 1 percent decline on the week. Although the sell-off has thus far been gradual,...
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Market Wrap for Thursday, August 8: Stocks Snap Losing Streak With Modest Rally
Thursday, August 8, 2013 - 4:27pm | 1010The U.S. stock market rose on Thursday after a series of declines in the wake of uncertainty over the Federal Reserve's timeline for tapering its quantitative easing program. Although the gains were muted, the rally snapped a 3-day losing streak for U.S. equities. Crude oil futures fell for the...