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Market Wrap for Tuesday, July 9: Major Averages Closing in on Previous Highs
Tuesday, July 9, 2013 - 4:28pm | 1022Read More...On Tuesday, stocks continued to push towards year-to-date highs last seen in late May. The S&P 500 breached the 1,650 level to the upside and the Dow closed around 300 points above the 15,000 level. After an early sell-off, the major averages rose throughout much of the afternoon and recorded...
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Market Wrap for Monday, July 8: Stocks Start Trading Week With Modest Rally
Monday, July 8, 2013 - 4:16pm | 857Read More...The U.S. stock market continued to rebound on Monday with the S&P 500 closing around 10 points below a previous resistance level in the 1,650 area. The Dow led the major averages on the session, while the Nasdaq only recorded a small gain. Consumer staples and utilities led the modest rally...
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Market Wrap for July 5: Stocks, Oil, U.S. Dollar Jump in Wake of Strong Payrolls Report; Treasuries and Precious Metals Plunge
Friday, July 5, 2013 - 4:36pm | 1295Read More...The U.S. stock market climbed on Friday and other markets gyrated violently in the wake of a very strong Nonfarm payrolls report for June. Stocks actually fell in the early going after gapping higher, but significant buying pressure in afternoon trading sent the major averages out near session...
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Market Wrap for Friday, May 3: Stocks Jump on Strong Jobs Data
Friday, May 3, 2013 - 4:28pm | 833Read More...The U.S. stock market jumped on Friday to end the trading week. The catalyst for the move higher was a strong jobs report, which briefly sent the Dow Jones Industrial Average over 15,000 for the first time in history. Heading into next week, the markets will be sitting at new year-to-date highs...





