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U.S. Dollar Index Moves Higher
Wednesday, August 26, 2015 - 2:29pm | 128Read More...The September U.S. Dollar Index is trading at 95.01, up 0.48. The U.S. Dollar Index is trading at the highs of the session. Market chatter about U.S. economic data due out the rest of the week and the Kansas City Fed's Jackson Hole Symposium are ongoing. Thursday morning Initial Jobless Claims,...
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Markets Little Moved Ahead Of The Thanksgiving Break
Wednesday, November 26, 2014 - 6:01pm | 731Read More...U.S. stocks inched higher on Wednesday as the Dow and S&P 500 closed the day at record highs and investors and traders were dealt a heavy flow of economic data. According to U.S. data, durable goods rose in October while unemployment benefits also rose last week. Personal income and...
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Investors Rewarded With Treats, Not Tricks, As Dow And S&P Close At Record Highs
Friday, October 31, 2014 - 4:54pm | 1361Read More...U.S. stocks surged on Friday, lifting the Dow and S&P 500 to new all-time high record closes. Investors were treated to news of a surprise stimulus expansion from the Bank of Japan. The Japanese central bank increased its yearly target for monetary expansion to 80-trillion yen ($724 billion...
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Thursday's Selling Momentum Continues Into Friday
Friday, August 1, 2014 - 4:33pm | 2380Read More...U.S. stocks picked up where they left off after Thursday's sharp sell-off as positive earnings reports yet again took a backstage to geo-political uncertainties. Not helping the bull cause was nonfarm payrolls, rising by 209,000, less than the 233,000 expected. The jobless rate also ticked...
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Markets Slightly Lower As Bullard Hints Higher Rates Could Come Sooner Than Expected
Thursday, June 26, 2014 - 4:34pm | 2399Read More...U.S. stocks were little changed as investors digested comments coming from head of the Federal Reserve Bank of St. Louis. The Fed's Jim Bullard said that the 2.9 percent decline in the first quarter GDP is “giving me heartburn.” Bullard added that the worse than expected figure...
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Market Wrap For May 30: 'Sell In May And Go Away' Proves To Be Bad Advice
Friday, May 30, 2014 - 4:30pm | 1763Read More...U.S. stocks were mostly higher on the final trading day of May, as both the S&P 500 and Dow indices close at record highs, despite disappointing consumer spending data reported on Friday morning. Loretta Mester, the soon to be Cleveland Fed President argued in a speech the importance of...
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Market Wrap For May 1: Markets Mixed To Start The New Month
Thursday, May 1, 2014 - 4:35pm | 2905Read More...U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...
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Market Wrap For March 28: Markets Still Positive Despite Giving Up Early Gains
Friday, March 28, 2014 - 4:27pm | 1778Read More...U.S. stocks finished the week on a positive note despite a sell-off in the afternoon. One possible reason for the sell-off is that investors are adjusting their portfolios for the end of the quarter on Monday. Major indices rallied off the opening bell with the Dow Jones Industrial Average...
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Market Wrap For March 3: Markets Lower On Ukraine Tension
Monday, March 3, 2014 - 5:57pm | 2716Read More...U.S. stocks traded lower as investors worry Russia's next step in its use of military force in Ukraine. The Dow saw its worst day in a month while other major indices finished noticeably lower. Investors moved away from equities and found what is believed to be a safe haven in gold and other...
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Market Wrap For January 31: Markets End January On Sour Note
Friday, January 31, 2014 - 5:38pm | 2825Read More...U.S. stocks fell steeply on Friday as Wall Street recorded its first monthly loss since August. Investors have plenty on their plate to worry about from emerging markets, an earning season failing to ignite excitement and a lackluster consumer confidence that is being felt by many retailers who...
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Top Trending Tickers On StockTwits For January 31
Friday, January 31, 2014 - 10:31am | 660Read More...Here's a look at the top tickers trending on StockTwits.com Amazon.com: Post-earning hangover Last night, Amazon.com (NASDAQ: AMZN) reported a miss on both EPS and revenue despite North American sales rising 25.9 percent year over year to $15.3 billion and International sales rose 12.8 percent to...
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May Personal Income, Spending Worse Than Expected
Monday, June 27, 2011 - 8:35am | 88Read More...May personal income and spending were just released, and the numbers came in worse than expected. For May, personal income rose 0.3%, versus expectations of 0.4%. Personal spending came in at 0.0%, versus expectations of 0.1%. This is down from April, when personal spending showed a reading of...
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Personal Income At 0.3%, Personal Consumption At 0.7%
Monday, March 28, 2011 - 8:31am | 85Read More...February personal income, consumption and the Core PCE index were just released, and results were mixed. Personal income for February came in at 0.3% versus, expectations of 0.4%. January showed a rise of 1.0%. February's personal consumption rose 0.7% versus expectations of 0.6%. January...
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Income Up Way More Than Expected
Monday, February 28, 2011 - 9:33am | 71Read More...January income rose much greater than expected, and the equity markets like the numbers. January income rose 1.0%, versus expectations of 0.3%. Income rose 0.4% in December. Spending rose less than expected, rising 0.2% versus expectations of 0.4%. This is down from the 0.5% rise in spending in...
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Economic Data Mixed, Futures Dropping
Thursday, December 23, 2010 - 9:37am | 144Read More...There was a slew of economic data just released, and it was a mixed bag, at best. Durable goods for November were extremely disappointing, as durable goods fell 1.3%, versus the estimates of a drop of 0.5% Ex-transportation, durable goods actually rose 2.4%, versus the expectation of 0.8%. Jobless...
