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Author Archives: Jeremy Ryan
The crisis in Greece grew even more confusing today, as all sides now are awaiting the results of the scheduled July 5 referendum, but Greece’s leaders and European officials have different interpretations of what the votes could mean. In the … 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
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
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 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
Negotiations with Greece reached an impasse over the weekend, while a pair of weak manufacturing reports in the U.S. should give the Federal Open Market Committee plenty to discuss this week at its policy meeting. The Dow dropped 107 points, … Continue reading
U.S. stocks rallied from their recent malaise on recovering oil prices, a weakening dollar, and positive developments in Greece. Some reports indicated Germany might be more willing to make a deal to release more bailout funds for Greece. The Dow … Continue reading
Job openings were strong in May and wholesale inventories improved, but stocks still struggled, closing flat. The Dow fell 2 points, with 15 of its 30 components retreating; the S&P 500 Index inched less than a point higher; and the … Continue reading
On a slow news day in the U.S., stocks reversed course after yesterday’s losses to post solid gains, with the Nasdaq closing at a record high. European stocks also jumped on reports that a deal between Greece and its creditors … Continue reading