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Author Archives: Jeremy Ryan
For most of the session, stocks recovered much of the ground they lost yesterday, rallying after the Chinese government cut interest rates and bank reserve requirements. The moves weren’t enough to stave off another steep drop of Chinese equities, but … Continue reading
You know it’s going to be a volatile session when news organizations begin the day by explaining how market circuit breakers work. The declines started in Asian markets, spread to European ones, with the Stoxx Europe 600 sinking 5.33%, and … Continue reading
A momentary surge pushed stocks higher after the accidental early release of the Federal Open Market Committee’s latest minutes, but stocks soon resumed their downward direction to close solidly lower. The Dow lost 162 points, with 27 of its 30 … Continue reading
Jittery markets started the session with big declines after a drop in Japan’s gross domestic product and a report showing manufacturing contraction in the New York region. Stocks bounced back in mid-morning trading. The Dow gained 67 points, with 23 … Continue reading
Chinese currency volatility continued for a second day, dragging down global markets. European losses outpaced the 1% to 2% declines in Asian indexes. The Stoxx Europe 600 Index sank 2.7% to post its worst session of 2015, Germany’s DAX Index … Continue reading
U.S. stocks staged a strong rally after a market rebound in China’s Shanghai Composite Index and comments from a Federal Reserve voting member about inflation potentially being too weak to justify a September rate hike. The Dow jumped 241 points, … Continue reading
Investors weighed a disappointing private-sector jobs report against strong gains made in the nonmanufacturing sector. All the major indexes would have closed higher except for Walt Disney Co., which single-handedly dragged down the Dow. The Dow fell 10 points despite … Continue reading
Reports showing a slowing manufacturing sector and tepid consumer spending helped push the major indexes lower to start August. The Dow fell 91 points, with 19 of its 30 components retreating; the S&P 500 Index declined 5; and the Nasdaq … Continue reading
Today we have a guest post by Dr. Sudhir Krishnamurthi, Ronald van der Wouden, and Kenneth LaPlace from The Rock Creek Group, LP (Rock Creek). Dr. Krishnamurthi, Mr. van der Wouden, and Mr. LaPlace are portfolio managers of the Wells … Continue reading