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Asset InvestingStock Traders Beat Up Markets After Jobs Data
It was one of the worst pre-July 4th holiday trading sessions in the history of the stock markets. The Dow Jones Industrial Average lost more than 223 points or 2.63% in what was a very broad based decline. For a significant portion of the trading day all 30 of the Dow components were in the negative. The technology heavy Nasdaq lost nearly 50 points or 2.67% as well and the broadest measure
Stock Markets Determined To Trade Sideways
Stock markets on Wednesday traded marginally higher before giving up about half the gains heading into the close. The Dow Jones Industrial Average closed up 57 points or 0.68% to close at 8504.06, the Standard and Poors 500 Index closed up just over 4 points or 0.44% to end the day at 923.33 and the Nasdaq day gained 10.68 points or 0.58% finishing the session at 1845.72. General Mills, the
Stocks Markets Give Up All Of Mondays Gains
The stock markets had a rough day on Tuesday, giving up virtually all of the gains made on Monday. The Dow Jones Industrial Average lost 82.38 points or almost one percent, the Nasdaq gave up 9 points or half a percent and the Standard and Poors 500 Index, the broadest of the three, was down 7.91 points or 0.85 percent. The Dow was actually in positive territory this morning until the release
Markets Drift Upward On Monday
The summer doldrums are definitely here as the stock markets crept upwards on Monday. The Dow Jones Industrial average had the largest percentage gain of the three major averages rising 90.99 or 1.08% points to close around 8529.38. The Nasdaq added 5.84 or 0.32% and ended the day at 1844.06 and the S and P 500 Index finished up 8.33 or 0.91% settling at 927.23. The news of the day was unrelated
Markets Have Another Down Week
The markets finished the week down slightly, with the Dow having its second negative week in a row. The Dow opened the week at around 8530 and thanks to a 34.01 point drop on Friday it finished the week at 8438.39. Government data released this week showed personal spending increased 0.3 percent in May along with personal income rising 1.4 percent. However, the additional income was not spent
Market Rally Officially On Hold
The Dow gave up 200.72 points or 2.35% the Nasdaq lost 61.28 points or 3.35% and the S&P was off 28.19 points or 3.06%. While major news sources are giving different excuses for the large sell off, stocks simply did not have the economic data or earnings news that would support trading at these high levels after several months of relatively positive market moves.Todays losses were basically
Stocks Fall Again
The Dow, Nasdaq and S&P all started the day in positive territory and finished significantly lower for the second day in a row. The Dow closed at 8504.67 down 107.46 or 1.25%, the S&P had an 11 point loss down to 911.97 with a similar percentage drop, while the Nasdaq ended the day just below the 1800 level. A weaker dollar, higher treasury yields, and higher gold were some factors blamed for
Some Market Follow Through From Monday
The markets traded marginally higher all day today and finished with small gains on the three major indexes. The best news was the follow through which although small, is considered a positive sign after a big gain yesterday and steady increases over the past three days. The S & P 500 finished up 1.87 to 944.74 its highest level this year. The Dow and the Nasdaq finished up 19 and 8 points
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