This Blog is also available as an RSS Feed


  • FOMC Minutes Boost Market - 22 may 2014
  • Stocks on Wall Street rebounded Wednesday, partly in response to minutes from the Federal Open Market Committee's meeting held on April 29-30 which were released in the afternoon. The Dow Jones industrial average climbed 158.75 points to close at 16,533.06, while the Standard & Poor's 500 rose 15.20 points to 1,888.03 and the Nasdaq composite index gained 34.65 points to 4,131.54. The Russell 2000 index for small-company stocks also picked up by 5.73 points to close at 1,103.63. All ten of the S&P 500's industry sectors rose, with consumer discretionary and energy stocks in the lead. While not to the extent experienced in 2008, the market has been seesawing day-to-day for up to 60 percent of the time since the beginning of the year.

  • Wall Street Boosted by FOMC Minutes - 23 August 2012
  • Wall Street responded positively on Wednesday to minutes from the July 31-August 1 meeting of the Federal Open Market Committee that indicated the central bank may be prepared to launch another round of monetary stimulus measures to speed up the slow recovery of the US economy. Stocks had been lower for most of Wednesday's session in response to Greece calling for extended time to meet deficit cut targets as it meets this week with officials of the European Union this week, as well as Japan's weak export statistics. The Dow Jones industrial average closed at 13,172.76 being down 30.82, an improvement on its decline of 83 points earlier in the session. The Nasdaq composite index added 6.41 points to end at 3,073.67, while the Standard & Poor's 500 index, which had spent most of the day down, ended with a gain of 0.32 point at 1,413.49.

  • US Job Market, Europe Crisis, Earnings of Interest in Week Ahead - 31 October 2011
  • With analysts warning that the current climate of market uncertainty is far from over, it appears that Wall Street is set to end the month of October on a high, with the Dow recording the greatest October gain ever. Despite the fact that French President Nicolas Sarkozy has been reported as saying that Greece should never have been permitted entrance to the Eurozone in 2001, European authorities have reached an agreement and mapped out a plan to rescue ailing European countries, including Greece, Italy and Spain. This has done much to boost confidence among Wall Street investors who will continue to keep an alert eye on Europe as leaders of nations forming the G-20 gather in Cannes, with the debt crisis a highlight on the agenda for discussion.

  • Europe Resolution Boosts Investor Confidence - 27 October 2011
  • Tuesday saw a sharp drop in US stocks ahead of the EU summit to be held the following day. By Wednesday afternoon investors began gaining confidence that European authorities would agree upon a workable solution to Eurozone woes. Following an uneasy day on Wall Street, all major indexes ended the trading day higher with the S&P 500 moving up 13 points, the Dow Jones industrial average adding 162 points, and the Nasdaq composite climbing 12 points, being 1 percent, 1.4 percent and 0.5 percent respectively. Although details of the plan to bring Europe's debt crisis under control, and to assist its banking sector, still need clarification and fleshing out, the very fact that an agreement has been reached on how to move forward was enough to boost investor confidence to a degree.

  • Proposed Eurozone Bailout Impacts Wall Street - 13 October 2011
  • Stocks rose sharply on Wednesday before dropping slightly, but still ending the day at an encouraging high, with the rally believed to have been fuelled by optimism regarding the latest proposal to recapitalize banks in Europe. Investor sentiment appears to have shifted from its doom-and-gloom outlook last week, to one of hope that a TARP-styled rescue plan will be put in place for European banks. President of the European Commission, Jose Manuel Barroso was reported as stating Wednesday that the resolution of this ongoing crisis needs immediate action from policymakers. He also pointed out that banks that fail to meet capital requirements should not be permitted to pay out dividends and bonuses.

  • European Debt Crisis Impacts Wall Street - 12 September 2011
  • Rumors that Greece is likely to default on its enormous debt caused ripples of apprehension around the financial world, resulting in investors selling off stocks, and US markets dropping sharply on Friday. Speculation is rife that the country may very well not get the next installment of bailout funds allocated by the European Union, the European Central Bank and the International Monetary Fund – at least until the so-called troika is assured that austerity measures in Greece are going to achieve what they have set out to do, reduce the government’s debt. All seventeen nations using the euro as currency – the Eurozone – need to approve of further bailout funds being issued to Greece. While all eyes are on Greece at present, Portugal, Ireland, Spain and Italy are also struggling, and analysts have expressed doubts that the European Financial Stability Facility (EFSF) will be able to pull all these ailing economies through the current financial crisis.

  • Corporate Results Boost Markets - 2 may 2011
  • Following the negative impact recent events in Japan have had on markets worldwide, investors have been given a reason for optimism as Wall Street recorded the best month of 2011 and finished last week, and the month of April, on a high note. The Dow Jones industrial average finished at 12,811 representing an increase of 0.4% (47 points) for the day, 2.4% for the week, and 4.3% for the month. The Standard & Poor's 500 ended the day 0.2% (3 points) higher, with an increase of 2% for the week and 3.3% for the month. The Nasdaq composite rose less than 0.1% (a point) for the day, but clocked up a rise of 1.9% for the week, and 4.2% for the month of April.

Bookmark and Share

jalith: need the information how to start invest in stock market... Team: Thank you for visiting We do not represent the South Pacific Stock Exchange, so pl...

milika: Can you please give me the listed companies that are in SPSE for my assignment purpose because it is...

bob: you make loud boasts , but can you show me the opening and closing of the market indexs in South Ame...

kennedy edahdike: with a dynamic emerging global power,a bouyant stock market is a sine qua non for develpoment,the po...