U.S. stocks jumped Tuesday as traders celebrated big news and deals across the pharmaceutical sector and better than expected economic data:
ast week, the S&P 500 had its best week since July 2013.
Markets rebounded from a sharp tech sell-off with support from strong earnings in banking, retail, and Internet stocks.
Further developments out of Ukraine could weigh heavily on the markets today. That said, it’s a busy day for earnings, so let’s get to the five stories you need to know to make your day profitable.
U.S. stock futures were weak this morning as Wall Street looks to looming tensions in Ukraine and worse-than-expected Chinese data.
The Dow Jones Industrial Average rose 146 points on Monday to finish at 16,173.24. The Nasdaq increased by 22 points to finish at 4,022.69, while the S&P 500 added 14 points to end the day at 1,830.61.
The post Stock Market Today: GE, FB, GOOG Lead Today’s News appeared first on Money Morning – Only the News You Can Profit From.
First, Bitcoin dipped below the $400 threshold on Thursday on growing concerns about forthcoming Chinese regulation.
Stock market news today, April 9, 2014: The Dow Jones Industrial Average rose 10 points yesterday to finish at 16,256. The Nasdaq increased 33 points to finish at 4,112, while the S&P 500 added 6 points to end the day at 1,851.
Today, the FOMC will release minutes from its March meeting. Investors are seeking clues on when Fed Chair Janet Yellen and the central bank will exercise an increase in interest rates.
The post Stock Market Today: New Rules for Big Banks appeared first on Money Morning – Only the News You Can Profit From.
Even a non-calculating observer knows of the strong relationship between POMO operations and the stock market over the past few years. Most important is the artificiality of pushing up the stock market and its inevitable deflation.
We live in an age of numbers, and they tell stories worth a thousand pictures. Here’s are 10 of the most fanciful, bizarre, infuriating, and compelling ones this week:
If you’re like most folks, there’s a nagging fear at the edge of your brain that’s trying desperately to make sense of what’s happening each day the market drops further
Our friend and frequent Money Morning contributor Frank Holmes put together a chart of S&P 500 gains that you have to see.
The index closed July with a monthly gain of 4.9%. This is the 14th month since 2009 that the S&P 500 has gained at least 4%.
