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US stocks were up for the fourth straight day as the risk on trade returned to the market ahead of Monday’s earnings season kick-off.
At the close on Friday, the S&P 500 was up by 0.1% to 1071.73, which was 4.8% higher on the week.
The Dow Jones Industrial Average was flat at 10143 and rose by [...]
US stocks inched higher boosted by strong industrial production figures, but soft guidance from FedEx and weak housing starts data weighed on sentiment.
Housing starts came in at an annualised 593000 last month, far below analysts’ expectations of 68000 Building permits also missed expectations. US producer prices fell by 0.3% last month, less than the 0.5% [...]
Today, American indexes wandered through the morning in a market characterized by analysts as nervous, uncertain, skittish as well as lacking in confidence. According to C. Brett D’Arcy, chief investment officer at CBIZ Wealth Management, it is said that American are in the period of volatility and the investors don’t have any faith in the [...]
US’s Stocks market experienced the sharpest declines in 2010, leaving the Dow Jones industrial average firmly below 10,000, as a disappointing monthly unemployment data cast a pall over the country’s economic recovery.
New concerns that the financial crisis in Europe may spread to Hungary added to investors’ anxiety. With the broad market losing about 3.4%, the [...]
As investors sifted through a fresh infusion of corporate earnings, suggesting the nation’s economy was on its way of recovering, the US stocks closed higher today.
Though the sovereign debt crisis in Europe and negotiations on the financial aid package for Greece remained a big distraction, market attention on Wall Street has already shifted to a [...]