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Category Archives: Daily Advantage
The markets rallied today as the Chinese and European central banks announced moves to stimulate slowing economic growth. The Dow was up 91 points, with 24 of its 30 components advancing; the S&P 500 Index advanced 10; and the Nasdaq … Continue reading
Stocks edged higher as rising oil prices boosted energy shares and investors eyed upbeat data on jobless claims and the housing market. The Dow gained 33 points, with 18 of its 30 components advancing; the S&P 500 Index rose 4 … Continue reading
Minutes from the latest Federal Open Market Committee meeting showed there was growing awareness of the threat that a global slowdown could pose to the U.S. economy, but the improving job market and economic growth in the U.S. led the … Continue reading
Stocks advanced on positive homebuilder sentiment in the U.S. and renewed dedication to economic stimulus measures overseas. The Dow rose 40 points, with 20 of its 30 components advancing; the S&P 500 Index gained 10 points; and the Nasdaq added … Continue reading
Japan’s economy unexpectedly entered a recession in the third quarter, tensions increased in Russia and Ukraine, and industrial production in the U.S. declined. Stocks struggled throughout the day, eventually closing mixed. The Dow gained 13 points, with 15 of its … Continue reading
U.S. consumer sentiment rose to a seven-year high and retail sales increased slightly in October, but despite the positive economic data, the markets struggled to find direction. The Dow fell 18 points, with 16 of its 30 components advancing; the … Continue reading
U.S. oil production hit a 30-year high of 9.06 million barrels a day last week, a surprise jump in production that weighed on oil prices and the energy sector. The S&P 500 energy sector sank 1.35% partly due to the … Continue reading
China dominated the news today with several historic deals reached at a major summit in Beijing. A NATO report, meanwhile, warned that columns of military equipment moved into Ukraine from the Russian border, unsettling the markets. The Dow slipped 2 … Continue reading
The markets were relatively quiet and closed in positive territory on Veterans Day as the nation paused to remember those who’ve served. The Dow rose 1 point, with 15 of its 30 components advancing; the S&P 500 Index gained 1 … Continue reading
Stocks moved modestly higher on a slow news day, with the most notable developments involving potentially new regulations affecting global banks and U.S. internet service providers. The Dow and S&P 500 Index again set new highs. The Dow rose 39 … Continue reading