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Author Archives: John Natale
Stocks rebounded after Greece promised its creditors new economic reform proposals, rekindling the stalled negotiation process for a potential bailout deal. The Dow rose 93 points, with 22 of its 30 components gaining; the S&P 500 Index added 12 points; … Continue reading
Stocks declined as investors focused on Greece and kept an eye on China’s efforts to stabilize its stock market. The Dow fell 46 points, with 24 of its 30 components retreating; the S&P 500 Index lost 8 points; and the … Continue reading
U.S. stocks erased early gains, as investors kept an eye on Greece. While Greek voters prepare for Sunday’s referendum, the IMF said today the nation requires a comprehensive debt restructuring and additional bailout of more than 60 billion euros ($66.6 … Continue reading
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
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
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 advanced as investors continue focusing abroad to see if Greece can strike a deal with the International Monetary Fund before the nation’s bailout expires in two weeks. At home, the Federal Open Market Committee kicks off its two-day policy … Continue reading
Stocks posted modest gains after retail sales data showed that consumer spending rose in March, April, and May. The market’s momentum slowed, however, after the International Monetary Fund said Greek debt negotiations stopped due to lack of progress. The Dow … Continue reading
Stocks declined, led by technology shares, as investors continued weighing how May’s positive jobs report will affect the Fed’s timing for rate increases. The Dow fell 82 points, with 23 of its 30 components retreating; the S&P 500 Index dropped … Continue reading