Posts Tagged ‘Dow’
News 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 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 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 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.…
Read MoreIt was the Best of Times, It was the Worst of Times… (Financial Week in Review, August 8-12, 2011 + Update)
August 15th marks the 40th anniversary of the end of the gold standard in United States currency. On August 15, 1971, President Richard Nixon announced that the U.S. would no longer trade dollars for gold. Forty years later, the gold price is $1765.30, after hitting a record high of $1,817.60 on August 11. DOLLAR DIPS…
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