Business
The Year of The Dragon Begins (Financial Week in Review, Jan. 23-27)
World markets were mixed this week, with Europe again feeling the cost of the debt crisis, and Asia seeing an upswing during the New Year. In New York the Dow-Jones slipped -74.17 points, or -0.58%, landing at 12,660.50. The S&P edged down -2.10 points, or -0.16%, ending at 1,316.33. The Nasdaq managed to gain 11.27…
Read MoreNews for the New Year
The New York Stock Exchange will not open today in observance of the Martin Luther King national holiday. Meanwhile, let’s take a brief look back at what happened last week and what is going on overseas. On Friday, Standard & Poor’s rating service made good on their December warning that they would downgrade France’s credit…
Read MoreFinancial Weekly Review (Nov. 28-Dec. 2)
The three major U.S. Stock indexes all ended up by roughly 7% for the week, with the Nasdaq gaining the most at 7.6%. The Nasdaq gained on each day of trading in the past week except for Tuesday, Nov. 29th, when it closed down 11.83 points, or 0.47% at 2,515.51. The Dow-Jones IA and the…
Read MoreFinancial Week in Review (11/11-11/18) and a Look Ahead
Friday ended another turbulent week in the markets. Looking back at the week, here is a breakdown of the numbers. At the close of trading on Tuesday, November 15th, U.S. indexes were up very slightly, with the Dow up 17 points and closing at 12,096.20, the S&P up 6 points to close at 1,257.81, and…
Read MoreHalloween Week Not So Scary on the Markets (Weekly Financial Review, Oct. 31-Nov. 4, 2011)
Halloween week wasn’t so scary in the markets, with very little movement on Monday at all, and increases on both Wednesday and Thursday in the major U.S. indexes. U.S. markets ended slightly down on Friday, after an unstable week of gains and losses. The S&P was the hardest hit, down -7.92 points, or 0.63% to…
Read MoreStocks Are Still Up (Weekly Financial Review (Oct. 21, 2011).
It was a sea of green on Wall Street and in Europe as markets recorded another week of gains. As Friday came to a close, U.S. stocks were at their highest levels in two and a half months. All three indexes are in the plus for the year. For the entire week, the S&P and…
Read MoreMoving on Up (Financial Week, October 10-14, 2011)
North American and European Markets rose significantly on Friday, closing out a strong week and posting gains in most sectors. In Friday morning trading, the Dow, Nasdaq and S&P were each up roughly 1%. By the closing bell on Friday, the Dow-Jones had gained 166.36 points to close at 11,644.49, an increase of 1.45%. The…
Read MoreStocks Make Uphill Climb (Market Review for Oct. 3-7, 2011)
The fourth quarter started out on a low note with a sell-off but rebounded as the week continued. Stocks tumbled on Monday, with the dismal Dow closing at just 10,655.30, down -258 points and 2.36% from the previous week’s close. The Nasdaq closed at 2,335.83, a drop of -79.57 points and 3.29%, and the S&P…
Read MoreWho Let The Bears Out? Week In Review, Sept. 26-30, 2011
As the third quarter ends and the fourth quarter begins, the markets are looking decidedly bearish. British blue chip stocks took a hit on Thursday, closing in the red. U.S. blue chip stocks gained on Thursday, thanks in part to the news that Germany had approved funding for the crisis in the Euro zone. The…
Read MoreLet’s Do The Twist (Financial Week in Review, 9/19-9/23)
As of Monday, stocks and commodities have begun to recover from last week’s brutal fall. When trading closed yesterday, the major U.S. indexes had regained about one third of last week’s losses. Gold, silver, and copper, all of which had been riding out a four day losing streak, also began a slow but steady recovery.…
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