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Category Archives: Daily Advantage
It was one of the busiest days of the earnings season, with 25 of the companies in the S&P 500 Index reporting. Results were mixed, but for the most part, the markets focused on the positive. The Dow slipped 16 … Continue reading
Markets continued to rally, helped by decent housing-starts numbers and better-than-expected reports on U.S. industrial production and Chinese gross domestic product. The Dow rose 162 points, with 26 of its 30 components gaining ground; the S&P 500 Index increased 19; … Continue reading
Mixed economic reports and continued pressure on tech shares made for another choppy session. Consumer inflation stayed tame in March and some much-watched earnings reports beat expectations, but a disappointing regional manufacturing report and sagging homebuilder confidence weighed on stocks … Continue reading
Retail sales were surprisingly robust in March, but despite the good news, stocks had a choppy session. The Dow and S&P 500 Index trimmed early gains and the Nasdaq dipped into the red, but all three accelerated toward strong gains … Continue reading
The Dow fell 143 points, the Nasdaq lost 54, and the S&P 500 Index declined 17. Zoe’s Kitchen (ZOES), one of three IPOs today, gained 64% in its first day of trading. Twenty-five of the Dow’s thirty components lost ground, … Continue reading
In spite of a good jobs report, stocks resumed their retreat, with tech stocks leading the way down. The Dow lost 266 points, the Nasdaq fell by 129, and the S&P 500 Index declined by 39. Twenty-eight of the Dow’s … Continue reading
Minutes from the latest Federal Open Market Committee meeting told of a special Federal Reserve meeting held earlier in the month that showed the Fed was concerned about the message it was sending to the markets. Stocks jumped on indications … Continue reading
Stocks recovered from an early slump today to close higher for the day, a turnaround from the past few rough sessions. While nerves were rattled by escalating tensions in Ukraine, stocks were helped by reports that showed improving small-business optimism … Continue reading
Friday’s sell-off continued into this week, as apparent skittishness ahead of earnings season continued to weigh on cyclical and previously high-flying tech stocks. Economic reports have shown that the first two-thirds of the quarter had significant weather-related effects, so one … Continue reading