Stock Market

Stock Market Today Slumps on Sluggish Service Industry

Stock Market Today, Jan. 6, 2014: U.S. stocks, including all three major indices, closed in the red today as growth in the service industries was weaker than expected, adding to the heavy start to 2014 trading.

U.S. services sector shrank last month, with an index of 53.0, down from 53.9 in November and below expectations for 54.8. But, in a more positive economic indicator, factory orders rose 1.8% in November from a year prior, the U.S. Commerce Department reported.

In response, the Dow Jones Industrial Average today closed down 0.27% at 16,425, while the Standard & Poor's 500 was down 0.24% at 1,827 and the Nasdaq Composite Index is off 0.36% at 4,118.

In addition to today's economics reports, retail stocks are likely also weighed by the headline-grabbing cold weather, which investors expect to hurt January's retail sales.

To continue reading, please click here...

Stock Market Forecast 2014: Why the Market Will Keep Surging in the New Year

Stock Market Performance Today

If you've been following our twice-weekly conversations at Strategic Tech Investor, you know that I'm very bullish about technology stocks.

But I want to let you in on a little secret ...

I'm also bullish about the overall stock market.

In fact, I'm predicting that the Standard & Poor's 500 Index will advance 15% in 2014, rising from the current 1,795 to 2,065. That will not only take the closely watched index up through the psychologically important 2,000 level, it will take it to the highest level in history.

To continue reading, please click here...

Stock Market News Today: Why These Stocks Are On the Move

Stock market news today, Nov. 4: Stocks are kicking off this Monday on a positive note. Investors will keep an eye on Friday's jobs report that could deliver clues on when the U.S. Federal Reserve will taper its bond-buying program.

In other economic indicators, factory orders for September were roughly in line with expectations.

The Standard & Poor's 500 Index is up about 0.17% at 1,764 points, and the Dow Jones Industrial Average is up 0.1% to 15,629 points. The Nasdaq Composite Index (INDEX Nasdaq: .IXIC) is up 0.2% at 3,929.

To continue reading, please click here...

Stock Market News Today: Big Day for Apple (Nasdaq: AAPL), Merck (NYSE: MRK)

Stock Market News Today, Oct. 28: Stocks are weighed in morning trade, reversing out of earlier gains as investors are hit with a disappointing report on pending home sales despite a more positive report on industrial production.

Pending home sales slid 5.6% in September to the lowest level in nine months, likely weighed by higher housing prices and higher interest rates.

To continue reading, please click here...

Stock Market News Today: Stocks Slumping After Huge Week

Stock market news today, Oct. 14, 2013: The government shutdown and unresolved debt ceiling crisis continue to weigh on stocks today as lawmakers show few signs of reaching an agreement.

Nearly 800,000 government employees are still furloughed and about 1 million asked to work without pay as the shutdown enters a third week with no resolution on the federal budget nor an agreement on the debt ceiling.

To continue reading, please click here...

Stock Market News Today: What Week 2 of a Government Shutdown Looks Like

Stock market news today focuses on market reactions to the second week of the government shutdown, with markets down 80 points with just a couple hours of trading left in the day.

Investors are increasingly concerned that the conflict will not be resolved soon and fear the political stalemate will extend to the debt ceiling issue.

Without a debt ceiling resolution by Oct. 17, the United States would be in default, which would have a more damaging effect on the economy than this shutdown.

As a result, stocks are lower in trading today in all sectors. The S&P 500 is down about 0.4% at 1,683.00 points, and the Dow Jones Industrial Average is down 0.6% at 14,989.80 points.

To continue reading click here...

Stock Market News Today: Dow Ends Five-Day Losing Streak

The biggest stock market news today: After five sessions of declines - the longest consecutive streak of losses so far this year - stocks finally closed higher.

The Dow Jones Industrial Average closed at 15,328.49, for a 55.23-point gain. The Standard & Poor's 500 rose 5.90 to 1,698.67, and the Nasdaq closed up 26.33 at 3,787.43.

In stock market news today, new applications for unemployment benefits fell by 5,000 to 305,000 last week, according to the Labor Department's report today. However, that number is slightly shy of the 300,000 new applications economists expected.

As for the gross domestic product (GDP), that report was unchanged, meaning the U.S. economy grew to the reported 2.5% in the second quarter.

Here are the biggest stocks making news today:

To continue reading, please click here...

Biggest Stock Market News Today: Apple, BB&T, and GM

Stocks this week are off to a heavy start as investors await more speeches from nine U.S. Federal Reserve executives this week that could shed light on the timing of the quantitative easing (QE) taper. Three of those speeches are scheduled for today.

Comex gold prices are weighed this morning as the market hopes some of this week's comments from the Fed include insights into future monetary policy moves. Comex gold for December delivery is now trading at $1,324.76, down 0.37%.

In the week ahead in stock market news, the U.S. Congress and the Obama administration will continue to debate the U.S. budget and debt ceiling issues as investors will keep an eye on any new developments regarding Syria and U.S. action there.

To continue reading, please click here...

The Biggest Stock Market News Today

After a summer of strong gains, stocks this week are in the red as tensions between Syria and the United States mount and investors fear near-term military action, likely as soon as this week. Other stock market news today weighing on shares includes the looming debt ceiling, with terms that U.S. President Barack Obama said he will not negotiate.

To continue reading, please click here...

This Week in Numbers


It's the numbers that count in this crazy world. They can tell stories that words simply can't. Here's a look at some of the fascinating, infuriating, amusing, depressing, and altogether important numbers that the world has put up on the board recently - and why you need to know them.

Here's the Key to How the Stock Market Will Move This Week

08192013KFG1 Coming off the worst week of the year, and with the very real possibility of the Dow Jones dipping back below 15,000, the question on everyone's lips is "Where's the bottom?"

That's why Money Morning Chief Investment Strategist Keith Fitz-Gerald spoke on Monday with FOX Business' Charles Payne of "Varney & Co."about just how low the stock market can go.

Fitz-Gerald looks at the stock market's support and resistance levels, and gives us a good picture of what to expect in the week ahead - and much more. He looks ahead to the Fed's Jackson "Black" Hole summit, and speculates on when the Fed's reindeer games will run out of gas.

To continue reading, please click here...

Read More…

© 2014 Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201, Email: