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Category Archives: Daily Advantage
A stronger-than-expected employment report sparked a rally in the major stock indexes. The Dow gained 198 points, the Nasdaq rose by 29, and the S&P 500 Index advanced 20. All of the Dow’s 30 components gained ground, led by Intel … Continue reading
The major indexes extended their December slide with the Dow losing 68 points, the Nasdaq falling by 4, and the S&P 500 declining by 7. Twenty of the Dow’s 30 components lost ground, led by Microsoft (MSFT), which fell more … Continue reading
In a “good news is bad news” situation, solid economic news—including a much better-than-expected private-sector jobs report—led to speculation that the Federal Reserve would begin tapering its bond-buying program at its upcoming December meeting, a prospect that helped send stocks … Continue reading
Online sales were strong on Cyber Monday but not enough to counter investor pessimism about a potentially weaker holiday shopping season. Other investors were awaiting this week’s big employment report as a guide to whether the Federal Reserve will begin … Continue reading
Reports showed that manufacturing continued to pick up in November, while public construction spending was higher than thought during the government shutdown. The holiday shopping season, meanwhile, might have gotten off to a slow start, with a first estimate showing … Continue reading
A bounty of better-than-expected economic reports gave investors plenty to digest before the Thanksgiving holiday. The Dow added 24 points and the S&P 500 Index gained 4 to close at record highs; the Nasdaq rose 27 points. Nineteen of the … Continue reading
U.S. stocks rose, sending the Nasdaq to close above 4,000 for the first time in 13 years on strong housing market data. The Dow and the S&P 500 Index ended nearly flat, gaining 0.26 and 0.27 points, respectively, while the … Continue reading
The Dow and the S&P 500 Index reached round numbers late last week, and the Nasdaq struggled to make its own mark today by trading above 4,000 for the first time in 13 years. But at the end of the … Continue reading
One day after the Dow broke through 16,000, the S&P 500 Index marked its own milestone by closing above 1,800 for the first time. The Dow gained 54 points to close at a new high. The S&P 500 Index rose … Continue reading