Markets slid last week as fears surrounding sequestration, Fed policy, and disappointing economic reports finally drained investor optimism. The S&P 500 snapped its seven-week winning streak, ending the week with a 0.28% loss; the Dow edged back into positive territory, closing up 0.13%, and the Nasdaq trimmed 0.95%.[1] On the sequestration front, President Obama phoned … Read more
Markets ended a quiet week basically flat, though the S&P 500 managed to chalk up its seventh week of gains. For the week, the S&P 500 gained 0.12%, while the Dow lost 0.08% and the Nasdaq trimmed 0.06%.[1] There was quite a bit of economic data released last week – here are a few highlights: … Read more
Markets lost some exuberance last week as news out of Europe weighed on U.S. investors. Despite some selling pressure however, the rally rolled on as the S&P 500 edged to a five-year high.[1] Major indices ended the week mixed, with the S&P 500 gaining 0.31%, the Dow losing 0.12%, and the Nasdaq gaining 0.46%.[2] Friday … Read more
Markets continued their rally last week, with the Dow cracking 14,000 for the first time since 2007. Boosted by positive employment news, all the major indices are doing well, with the S&P 500 posting its longest winning streak since 2004.[1] For the week, the S&P 500 gained 0.68%, the Dow gained 0.82%, and the Nasdaq … Read more