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Author Archives: John Natale
Stocks posted sharp losses, after a renewed wave of bad news on China’s economy. The markets reacted to new data revealing a disappointing August for the Chinese manufacturing and services sectors. Stateside, a read of the U.S. manufacturing sector also … Continue reading
Stocks continued yesterday’s rally, boosted by stronger-than-expected GDP data, rallies in Asia and Europe, and the New York Fed president’s comments that the basis for a September rate hike has become “less compelling” amidst global market volatility. The Dow jumped … Continue reading
Stocks declined as new data showing U.S. housing market gains was overshadowed by more sharp declines for Chinese stocks and Dow component Wal-Mart’s lowered full-year guidance. The Dow fell 33 points, with 17 of its 30 components retreating; the S&P … Continue reading
Today we have a guest post by Jerry Zhang, Ph.D., CFA, who has more than 15 years of experience managing emerging markets portfolios and is the lead portfolio manager of the Wells Fargo Advantage Emerging Markets Equity Fund. While the … Continue reading
Stocks ended the day in green territory, as investors capped the week with a backdrop of mixed but promising data on the U.S. economy. The Dow rose 69 points, with 24 of its 30 components advancing, the S&P 500 Index … Continue reading
Stocks ended mixed as investors shifted focus from China to the U.S., where a new batch of economic data—including positive retail sales—had investors thinking about growth prospects and the potential for near-term rate hikes. The Dow edged up 5 points, … Continue reading
Stocks tumbled after China’s central bank devalued the nation’s currency in an effort to jump-start economic growth. The Dow dropped by 212 points, with 25 of its 30 components retreating; the S&P 500 Index fell 20 points; and the Nasdaq … Continue reading
Stocks fell today, weighed down by disappointing earnings reports from media companies as well as growing concerns that media companies’ customers are shifting away from traditional TV entertainment. Meanwhile, investors are looking ahead to tomorrow’s July jobs report, whose data … Continue reading
Stocks fell after Federal Reserve Bank of Atlanta President Dennis Lockhart said the U.S. economy is ready for a short-term interest-rate hike in an interview with The Wall Street Journal. Looking onward to the Fed’s September meeting, Lockhart said “It … Continue reading
Stocks ended mixed as investors weighed modest second-quarter GDP growth and a new batch of earnings reports. The Dow slipped 5 points, with 16 of its 30 components advancing. The S&P 500 Index added less than a point, and the … Continue reading