Category Archives: Daily Advantage

Markets end January with biggest monthly loss in a year

Fourth-quarter gross domestic product came in weaker than expected, creating doubts about the strength of the economy and sending stocks lower. The Dow lost 251 points, with 29 of its 30 components falling; the S&P 500 Index dropped 26; and … Continue reading

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$20 billion sleep industry, now with Jeff Bridges

Stocks rebounded on news that first-time jobless claims fell to the lowest levels since 2000. The market also advanced on positive fourth-quarter earnings from consumer brands and news that Dow-component McDonald’s Corp. replaced its CEO. The Dow climbed 225 points, … Continue reading

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Apple records historic quarterly profit

A Federal Open Market Committee meeting made for a choppy day of trading, with the major indexes sinking deep into the red after the Federal Reserve released its statement affirming current policy. The Fed upgraded its economic assessments in the … Continue reading

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How a hobby-based start-up beats its peers

Stocks closed with steep losses, on weak blue-chip earnings and a disappointing report on durable-goods orders that revealed lower capital spending by businesses in December. The Dow dropped 291 points, with all but one of its 30 components declining; the … Continue reading

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Stay home in a blizzard to fight the flu

Stocks took both the Greek elections and the upcoming blizzard in stride. The New York Stock Exchange and the Nasdaq said trading would function as usual tomorrow, with preparations being made to handle what’s was called a historic snowstorm about … Continue reading

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2015: The year of the goat meme

The markets closed mixed today as a series of disappointing earnings reports and forecasts weighed on investors. The Dow lost 141 points, with 24 of its 30 components in the red; the S&P 500 Index fell 11; but the Nasdaq … Continue reading

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Will ballpark billboards thwart rooftop Cubs clubs?

Stocks rallied, led by the Dow’s triple-digit finish, as investors reacted to the European Central Bank’s historic move to save the eurozone’s stagnant economy. The ECB announced a 1.1 trillion euro ($1.3 trillion) stimulus program focused on quantitative easing, or … Continue reading

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Google takes off its rose-colored Glass(es)

Central banks were the news of the day, as the Bank of Canada lowered its overnight interest rate, the Bank of Japan dropped its inflation forecast, and anticipation built over potential outcomes of the European Central Bank meeting tomorrow. Stocks … Continue reading

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Mailboxes groan as catalogs make comeback

Declining oil prices again set a sour mood to start the day, but a late afternoon tech rally helped push the major indexes into positive territory, with strong showings from Apple, Yahoo!, and Netflix. China’s economy, meanwhile, missed the annual … Continue reading

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Diamonds may not be a girl’s best friend anymore

The International Energy Agency said that falling oil prices would likely lead to a cut in supply from countries outside of the Organization of the Petroleum Exporting Countries. Oil prices jumped on the news, as did the energy sector, which … Continue reading

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