Today marked a bad day for the New York Stock Exchange, with all three major markets posting significant drops. The Dow Jones closed down 1.75% at 31,402.01. The NASDAQ closed down 3.52% at 13,119.43 and the S&P 500 closed down 2.45% at 3,829.34. STOXX Europe also had a bad day, though not by as much,
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The past year has been great for the companies that run the natural resource mines of the world. The FTSE 350 mining index that includes major diversified mining titans such as Rio Tinto, BHP Group, Anglo American, and Glencore, have returned 46% on average to shareholders over the past year according to FactSet compared to
Applications for new United States unemployment benefits grew in the middle of February to the highest in four weeks to 861,000. This shows that Americans are still losing many jobs over a year after the beginnings of the coronavirus pandemic in the country. The initial claims field through the states rose by 13,000 to hit
Newly installed Secretary of the Treasury Janet Yellen said on Thursday that signs of improvement in the United States economy are not a reason to shrink the Biden administrations $1.9 trillion relief plan because they believe the economy is still in a “deep hole” and many are still hurting. In an interview Secretary Yellen
Coming off of another record high on Wednesday the Dow Jones Industrial Average looked on while the Nasdaq and S&P 500 fell. That was led by those stocks listed on the small market capitalization net Russell 2000. It’s not the end of road for the small capitalization stocks yet however. Financial research specialists at Leuthold
Tuesday’s trading session ended with a drop in both the Dow Jones Industrial Average and the S&P 500, which resulted in breaking the longest win streak for stocks in months. However there is something itching at the back of many investors minds, is there a major correction around the corner? Even bullish investors are starting
This was the best week since November for the stock market, even though there were a lot of negative reports going on as well. In fact, the jobs report showed that there was a smaller level of growth in January than what had been expected, but that still doesn’t seem to have affected the market
What is going on in the markets? Many people don’t really know yet and even more are unsure of what to project forward with market moves. Investors are going over a large swath of corporate earnings while also waiting for the weekly jobless claims data to see what their short term strategy should be.
The stock market closed on another high today, with all three major markets in New York seeing increases. The Dow Jones rose 1.57% to close at 30,687.48. The NASDAQ closed up 1.56% at 13,612.78 and the S&P 500 closed up 1.39% to finish at 3,826.31. STOXX Europe also closed up today by 1.29% at 405.92.
The stock market fell today, across the board in New York with the Dow, NASDAQ and S&P 500 all coming in with lower numbers as we head into the middle of the week. The Dow Jones fell 0.07% to close at 30,937.04. The NASDAQ fell 0.07% to close at 13,626.06 and the S&P 500 fell
The stock market saw another mixed day in New York, with two stocks hitting record highs and one seeing drops over the course of the day. The Dow Jones dropped 0.12% to close at 30,960.00, while the NASDAQ rose 0.69% to close at 13,635.99. The S&P 500 also rose, by 36%, to close at 3,855.36.
GameStop is seeing some controversy to their stocks with a climb up over $150 throughout the day today that ended with a loss for the day. In fact, the company saw shares climb 144% to an intra-day high that was nearly $160, but those stocks were halted several times. Not only that but the stock
The stock market closed on yet another mixed day as we close out the week of the inauguration. The Dow Jones was up 0.57% to close at 30,996.98. The NASDAQ closed up 0.09% to finish at 13,543.06 and the S&P 500 closed down 0.30% to close at 3,841.47. Ford is set to recall approximately
The stock market rose coming out of the holiday weekend, with all three major New York stock exchanges reporting increases. The Dow Jones saw an increase of 0.38% to close at 30,930.52. The NASDAQ saw an increase of 1.53% to close at 13,197.18 and the S&P 500 saw an increase of 0.81% to close at
Closing for the stock market was tempered today by news of President-Elect Biden’s plan for a nearly $2 trillion stimulus package. Not to mention the current impeachment news that has shaken up the entire country. The Dow Jones fell 0.57% to close at 30,814.26. The NASDAQ fell 0.87% to close at 12,998.50 and the S&P
It’s been a running joke in investment circles that value stocks are on the verge of breaking out, and time and time again those making those projections just get pushed back. Now, however, a large investment group is putting their weight behind that idea. Vanguard Group, with their asset management portfolio of $6.2 trillion is
Benchmarks for the United States stock market trended slightly higher on opening today as data about inflation for the United States dollar remained stagnated and a vote from the House of Representatives about impeaching President Donald Trump one week before he leaves office coming today. On Tuesday the stock market moved back and forth from
The stock market saw a slight increase today with all three major New York stock exchanges coming in with positive numbers. The Dow Jones reported a 0.19% increase to close at 31,068.69. The NASDAQ reported an increase of 0.28% to close at 13,072.43 and the S&P 500 reported an increase of 0.04% to close at
In something that has become a cliche for many who have scoffed at cryptocurrency before, Bitcoin has entered bear-market territory as in the last 48 hours it has dropped at least 20%. Bitcoin has always been known as volatile and has a history of massive price swings both up and down over its history. It’s
With four million Americans now vaccinated against the coronavirus there are some signs that a permanent recovery is on its way, but what that recovery is going to be has the early signs of one that is still void of many jobs. When the economic crunch hit hard in March over 30 million Americans were
The stock market is looking pretty good coming out of the holiday and heading into the end of the year. With all three major New York exchanges reporting improvement over the market today. The Dow Jones closed up 0.68% at 30,403.97. The NASDAQ closed up 0.74% at 12,899.42 and the S&P 500 closed up 0.87%
As we come into the holiday weekend the stock market is showing a bit of volatility. But that’s to be expected with the chaos surrounding a potential stimulus package and a bill that is expected to stem a government shutdown. The Dow Jones closed up 0.38% to finish at 30,129.83. The NASDAQ closed down 0.29%
Applications for first time unemployment benefits fell to a three week low right before the Christmas holiday break to 803,000. This number while a drop is still quite high and is reflective of the new layoffs that have started to ramp back up over the past month that are tied to increased coronavirus cases across
Since the first vaccine news broke in late November the market has done very well on almost all fronts, with the S&P 400 gone up 6% since the initial announcement of Pfizer and BioNTech’s 90% effective vaccine. Expectations for the economic forecasting however have not changed because of these gains. The head of global
Warner Bros. is set to expand it’s options on HBO Max, but movie theaters are definitely not excited about the transition. That’s because the plan is for Warner Bros. to release several movies over the course of the coming year direct to HBO Max, bypassing the movie theaters entirely. According to Citi Research analyst Michael
Tesla is managing to eek out quarterly profits but the CEO seems to be a little hesitant about whether the company will be able to continue to do so. In fact, Musk released an email to employees that stated that he is actually somewhat concerned about the future of their quarterly profits and whether they
Major investors have been leaving energy stocks for dead during the year as supply gluts have been causing prices for resources to slump. With the hope of a fast recovery for travelling in 2021 many are looking ahead to try and make gains as energy demand grows worldwide. An interview with the president of
The stock market saw a decline coming out of the holiday weekend. While the decrease was slight, it’s still not a good sign coming into the end of the month. The Dow Jones fell 0.91% to close at 29,638.64. The NASDAQ fell 0.06% to close at 12,198.74 and the S&P 500 fell 0.46% to close
Th US Stock market seems to be on an upward swing again with stocks rising for the second day in a row in the new week. The Dow Jones closed up 1.54% to finish at 30,046.24. The NASDAQ closed up 1.31% to finish at 12,036.78 and the S&P 500 closed up 1.62% to finish at
The market saw a slight rebound today as stocks climbed coming into the end of the week. The Dow Jones rose 0.15% to close at 29,483.23. The NASDAQ rose 0.87% to close at 11,904.71 and the S&P 500 rose 0.39% to close at 3,581.87. On the other hand STOXX Europe saw a less than stellar