Strong Earnings Drive Stocks

Strong corporate earnings caused stocks to rally last week for the first time this month. The S&P closed up 0.6% for the week, while the Dow closed 1.4% higher, and the Nasdaq trimmed 0.36%. With no domestic economic reports released on Friday, traders turned their attention back to lingering concerns over Europe and China, and … Read more

U.S. Gains: World Falters

It was a rough one for the stock market last week as major indices closed out their worst session of 2012 on the back of disappointing economic growth in China and renewed fears about debt-ridden Europe. The S&P fell 2% for the week, while the Dow lost 1.61%, and the Nasdaq closed down 2.25%. China, … Read more

An Expected Pullback

Following the strongest quarterly performance since 2008 and the best first quarter performance since 1998, major indices retreated this week, weighed down by disappointing economic reports and renewed concerns over Europe’s debt crisis. The string of losses before Friday’s market holiday left the S&P, the Dow, and the Nasdaq all slightly lower. This is only … Read more