Blog
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Markets Rally Despite First Quarter Economic Data
Wednesday saw Wall Street rally as the Dow Jones industrial average rose 2.11 percent, or 168.78 to end the day at 8,185.73, while the Standard & Poorโs 500 increased 2.16 percent, or 18.48 ...
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Swine Flu Outbreak, U.S. Governmentโs Stress Test Impact on U.S. Markets
While health authorities grapple with preventing the spread of the swine-flu outbreak, it could not have come at a worse time for the already battered global economy. Stock market analysts ...
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Financial Sector Continues to Drive Markets as Investors Wait for Stress Test Results
Investor confidence was dealt a blow on Wednesday bringing the Wall Street rally to an end when Morgan Stanleyโs dismal results revived concerns about the stability of the banking sector and ...
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Wall Street Extends Its Rally Ahead of Fortune 500 Results
Friday saw Wall Street sustaining its now six-week long rally, ending the week with a meager advance, but an advance nonetheless. Earlier in the week both JPMorgan Chase and Goldman Sachs ...
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Growing Confidence in U.S. Financial Sector Boosts Stocks
Staging a late in the day rally, the Dow Jones Industrial Average ended Wednesday with a 1.4 percent gain, while the Standard & Poorโs 500 rose 1.3 percent and the Nasdaq Composite Index ...
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Goldman Sachs Starts Reporting of First Quarter Results on a Positive Note
Goldman Sachs was set to release its first quarter earnings on Tuesday, but apparently the news was too good not to share and the New York-based investment giant announced on Monday that it ...
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Dogs of the Dow: A Reliable Investment Strategy?
In the current economic climate, where stock market traders have come to expect the unexpected, many are re-examining their investment strategies. A strategy that has established a favorable ...
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Investors Optimistic for Continued Rally in Short Trading Week
Despite the shortened trading week coming up and the strong likelihood of dismal first quarter results which are due to start trickling in this week, it appears that U.S. stock market ...
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U.S. Markets Start Second Quarter on Positive Note as G-20 Summit Gets Underway
As leaders of what are deemed to be the worldโs twenty largest economic powers gathered in London to discuss the worsening global financial crisis, with the goal of establishing new measures ...
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Axing From Global Dow Highlights Shaky Footing of Citigroup and General Motors
Although the scheduled annual review of the Global Dow (GDOW) components is only due to take place in September, the extraordinary worldwide market conditions currently being experienced ...
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First the Good News, Then the Bad News, Then the Good News โฆ
Wednesdayโs roller-coaster ride on Wall Street, which ended with a rally shortly before close of business, was fuelled by optimism that the draining effect of the recession may be abating. ...
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Financial Sector Drives U.S. Market As Investors Await Details of Toxic Mortgage Buy-Up Plan
Wall Street pulled back on Thursday and Friday of last week after enjoying a seven-day market rally which resulted in the Dow gaining 14 percent. Stocks jumped on Wednesday spurred on by ...