Stock Market Today: December 17, 2014
The U.S. stock market put in a strong comeback session today. At the close of trading, the Dow Jones Industrial Average was higher by 288 points; the S&P 500 Index was ahead 40 points; and, the NASDAQ was up 96 points. Most stocks made progress, as advancers outnumbered decliners by a large multiple on the NYSE and on the NASDAQ. Leadership was found in the energy sector. The basic materials stocks also moved solidly higher. Meanwhile, while little weakness was to be found today, some of the consumer names lagged relative to other equity groups. Read more
Stock Market Today: December 16, 2014
It was a wild day on Wall Street. Investors need not look any further than the performance of the Dow Jones Industrial Average today to see what a seesaw day it was for equities. Indeed, the index of 30 bellwether companies traded in a wide range, spanning more than 350 points, before finishing the session a disappointing 111 points lower; the index was up 247 at its intra-day peak. Read more
Stock Market Today: December 15, 2014
The major U.S. equity indexes started the new week to the upside, but were unable to hold those gains for long. Indeed, the bearish tone, which blanketed Wall Street for much of last week, quickly returned, with falling oil prices once again at the root of the problem. Read more
Stock Market Today: December 12, 2014
 A disappointing week on Wall Street ended with the bears fittingly flexing their muscles again. Similar to what we saw during much of the five-day stretch, the selling was prompted by continued fears about a slowing global economy and the long-term impact of falling oil prices. Read more
Stock Market Today: December 11, 2014
The U.S. stock market opened higher this morning, added to these gains through the early afternoon, but then pulled back in the final hours of the session. At the close of the day, the Dow Jones Industrial Average was up 63 points; the S&P 500 Index was higher by nine points; and the technology heavy NASDAQ was ahead 24 points. Read more
Stock Market Today: December 10, 2014
Stocks tumbled today on concerns about global growth that were driven home by a further slide in oil prices. At the close, the Dow Jones Industrial Average was off 268 points; the NASDAQ gave up 82 points; and the S&P 500 dropped 34 points. The selling was widespread, with declining issues outpacing advancers by a wide margin on both the New York Stock Exchange and the NASDAQ. Read more
Stock Market Today: December 9, 2014
The investment community was taken on a rollercoaster ride today. The major U.S. equity indexes started the session well to the downside, falling on renewed global economic concerns, and then stayed that way for much of the morning hours on the East Coast. However, during the second half of the session, the bargain hunters emerged and took positions in a few of the sectors that looked to be oversold early on. Read more
Stock Market Today: December 8, 2014
The major U.S. equity indexes started the new week near record high levels, and were ripe for some profit taking if the news were to disappoint. Not surprisingly, when economic data from Asia overnight were weaker than expected, it was all that was needed to bring the bears back into the market. Read more
Stock Market Today: December 5, 2014
Wall Street closed out a mostly positive week today after a strong November employment report provided a nice surprise. Analysts’ expectations were for job gains similar to the above-200,000 level that had been in evidence for much of the year. Instead, they got more than 300,000, plus a hint that a long-awaited acceleration in wage growth might be starting to kick in. Read more
Stock Market Today: December 4, 2014
Stocks paused to catch their breath today after hitting a series of record highs on the major averages in the past few days. Prospects for another advance were dampened early, after the European Central Bank signaled that a bond-buying program similar to the Federal Reserve’s recently concluded initiative would not be implemented right away. Read more
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