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Category Archives: Daily Advantage
U.S. stocks ended ahead as Greece’s last-minute request for a third economic bailout was ill-received by European Union negotiators who watched the clock tick as the current bailout agreement was set to end. The Dow rose 23 points, with 16 … Continue reading
It’s a sign of a volatile day when Puerto Rico’s admission that it can’t pay its debts is only the second-most pressing debt issue in the news. Much of the world was again watching developments in Greece, which took a … Continue reading
Stocks closed mixed today, with gains in the Dow fueled by better-than-expected earnings from Nike. Investors were in wait-and-see mode, looking forward to Saturday’s meeting between eurozone finance ministers, where they’ll try to hammer out a deal before Greece has … Continue reading
Growing optimism about a deal in Greece led to disappointment after reports that Greece’s creditors rejected the country’s latest proposal. The Dow fell 178 points, with only Apple advancing out of all 30 components; the S&P 500 Index lost 15; … Continue reading
Stocks ended with modest gains as investors watched encouraging steps and setbacks in Greece’s debt negotiations. The Dow rose 24 points, with 16 of its 30 components advancing; the S&P 500 Index added 1 point; and the Nasdaq gained 6. … Continue reading
Greece’s government made crucial concessions in its latest debt proposal, boosting European and U.S. shares. Existing-home sales, meanwhile, posted solid gains in May, with increasing numbers of first-time homebuyers entering the market. The Dow rose 103 points, with 26 of … Continue reading
Stocks lost ground today as cautious investors kept an eye on developments in the Greek debt talks. The Dow fell 101 points, with 27 of its 30 components declining; the S&P 500 Index was down 11; and the Nasdaq dropped … Continue reading
Stocks rallied on positive economic news and investor confidence following the Fed’s comments indicating a slower timeline for rate increases. The Dow jumped 180 points, with all 30 of its components advancing; the S&P 500 Index gained 20 points; and … Continue reading
Stocks wandered both before and after the conclusion of today’s Federal Open Market Committee meeting, which led to no new policy decisions and what was considered to be a slightly more dovish take on the path of future interest-rate increases. … Continue reading