Morning Notes
23/05/2013 Morning Note
Stocks started the day moving higher in active trading, helped by initial comments from Fed Chairman Ben Bernanke, which traders interpreted as suggesting the Fed would continue on its current course of pumping money into the financial system. However, the market reversed course as...
22/05/2013 Morning Note
The Dow Jones Industrial Average finished with an advance of 52.30 points, or 0.34%, to 15387.58, giving the blue-chip measure its 19th consecutive Tuesday of gains. The Standard & Poor's 500-stock index, meanwhile, added 2.87 points, or 0.17%, to 1669.16, to finish at its own record high...
21/05/2013 Morning Note
Overseas markets took a breather from their recent rally Monday, as declines in some of the year's best-performing sectors weighed on benchmarks. The Dow slipped 19.1 points, or 0.1%, to 15,335.3. The S&P shed 1.2 points, or 0.1%, to 1,666.3. Monday was just the fourth session in May it has notched a decline...
20/05/2013 Morning Note
US stocks ended another strong week with a broad rally after a bigger than expected rise in consumer sentiment. The Dow climbed 121 points (+0.8%) to 15,354, with a surge higher in the final hour of trading. The S&P 500 rose 17 points (+1.0%), to 1,667 and the NASDAQ 34 points (+1.0%) to 3,499...
17/05/2013 Morning Note
U.S. stocks fell, ending four days of record highs for the Standard & Poor’s 500 Index, amid disappointing economic data and after a Federal Reserve official said the central bank may slow the pace of stimulus as early as this summer. The S&P 500 fell 0.5% to 1,650.5 and the Dow Jones Industrial Average dropped 42.47 points, or 0.3%, to 15,233.2.
News
