Posts Tagged ‘Nasdaq’
Financial 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 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.…
Read MoreThe Week That Never Happened
As many Americans were looking forward to starting the long Labor Day weekend in the United States, markets worldwide began sliding again on Friday. HAPPY LABOR DAY Ironically timed with Labor Day, the U.S. Department of Labor reported zero job growth for the first time in over 66 years. The last time the numbers came…
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…
Read MoreWhat Goes Up Must Come Down (Financial Week in Review, Aug. 1-5, 2011)
The closing bell brought an end to a dramatic week in the markets. Thursday was the worst day for stocks since the beginning of the financial crisis. The Dow Jones Industrial Average took a 512-point nosedive, and concerns about the European debt crisis triggered a large-scale sell-off. This news came as a surprise to many…
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