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Category Archives: Daily Advantage
Stocks got off to a rocky start in the fourth quarter, despite data showing that the manufacturing sector continued to expand in August and that hiring remained at a steady if unspectacular pace. Some analysts pegged the decline on investors’ … Continue reading
A disappointing housing market report, sagging consumer confidence, and weakening inflation in the eurozone helped push stocks modestly lower for the session. The Dow fell 28 points, with 17 of its 30 components retreating; the S&P 500 Index lost 5; … Continue reading
Stocks fell on concerns over geopolitical developments ranging from pro-democracy protests in Hong Kong to continued U.S. and coalition airstrikes in Syria. The Dow dropped 41 points, with 20 of its 30 components declining; the S&P 500 Index fell 5 … Continue reading
The markets bounced back from yesterday’s sell-off as investors reacted positively to news that the economy is growing at its fastest pace since 2011. The Dow gained 167 points, with 26 of its 30 components advancing; the S&P 500 Index … Continue reading
A sell-off today led to a search for catalysts, and there were plenty to be found. An unexpectedly large decline in the headline number for durable goods orders in August spooked the markets, although underlying details of the report gave … Continue reading
Lifted by encouraging housing market data, the indexes rebounded today from two straight days of losses. The Dow climbed 154 points, with 27 of its 30 components advancing; the S&P 500 Index rose 15 points; and the Nasdaq added 46. … Continue reading
Stocks fell as investors weighed mixed reports on global manufacturing, new rules to stop U.S. firms from moving overseas to avoid taxes, and U.S. and allied airstrikes on Islamic militants in Syria. The Dow dropped 116 points, with 29 of … Continue reading
Fresh off a news-packed week that sent the indexes higher, stocks pulled back in today’s trading, partly in reaction to a disappointing housing report and statements from China’s finance minister that indicated more aggressive stimulus wasn’t forthcoming. Tech shares were … Continue reading
Quadruple witching and Alibaba’s IPO led to a day of heavy trading, and the markets closed mixed. The Dow reached a new high by gaining 13 points, with 18 of its 30 components advancing; the S&P 500 Index lost 0.96; … Continue reading
The major indexes continued their upward momentum following the Federal Reserve’s commitment to low interest rates yesterday, with the Dow and S&P 500 Index closing at new record highs. The Dow added 109 points, the S&P 500 Index rose 9, … Continue reading