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Category Archives: Daily Advantage
Stocks rallied on Apple’s positive earnings, as well as encouraging home sales data and reports that the European Central Bank is considering buying corporate bonds to stimulate regional growth. The Dow climbed 215 points, with 27 of its 30 components … Continue reading
Stocks were generally positive on a light news day. The biggest news was IBM’s significant miss on third-quarter earnings and revenue, which almost single-handedly drove the Dow into the red despite more upbeat results for the S&P 500 Index and … Continue reading
Stocks rallied across the U.S. and Europe today after earnings reports continued to come in favorably and the European Central Bank prepared to start its asset-purchase program. The Dow jumped 263 points, with all of its 30 components gaining ground; … Continue reading
Stocks recovered early from yesterday’s losses but ended the session in mixed territory as the market shook off the mid-week selling frenzy. Investors reacted positively to encouraging data on employment and industrial production along with remarks from the St. Louis … Continue reading
A slide in European shares and a series of disappointing economic reports about retail sales, producer prices, and manufacturing set a dismal tone for the day. The major indexes opened with declines of more than 1.5% and continued trading volatilely … Continue reading
Shares rebounded on positive earnings, following three days of declines, but ended the session in mixed territory. The Dow lost 5 points, with 17 of its 30 components advancing; the S&P 500 Index rose 2 points; and the Nasdaq added … Continue reading
The Columbus Day holiday meant little news for investors to chew on after last week’s volatile sessions. Stocks spent the morning in the red, recovered to near even, and then dove in the last half hour of the session to … Continue reading
Stocks struggled to climb higher in early trading, but concerns about the global economy and an earnings warning from semiconductor manufacturer Microchip Technology dragged down technology stocks and eventually brought down the broader market. The Dow fell 115 points, with … Continue reading
Reversing yesterday’s rally, the major indexes fell amidst concerns over global growth. The Dow dropped 334 points, with all 30 of its components declining; the S&P 500 Index fell 40 points; and the Nasdaq lost 90. Decliners led advancers by … Continue reading
After a morning spent in the red, stocks rallied in the afternoon after the release of the Federal Open Market Committee’s latest minutes, which partly explained why the Fed continued to state that interest rates would remain low “for a … Continue reading