Stock Market News Today: What Week 2 of a Government Shutdown Looks Like
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.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.Read More...
- 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. Read more... Read More...
Stock Market News Today: Dow Nears 15,000
Perhaps lower summer trading volumes are leaving stocks more vulnerable to larger moves lately...
The stock market today fell 70 points to 15,010; the S&P lost nearly 10 points; the Nasdaq fell 12. This marks the Dow's fourth straight day of losses - the first four-day losing streak of 2013.Read More...
Here's the Key to How the Stock Market Will Move This Week
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.
- Stock Market Today: 5 Reasons Why the Dow Fell 225 Points It was the first back-to-back bruising since June 18th and 19th, when Fed “comments” drove the Dow 560 points into the ground. But you can’t blame the Fed for the latest pair of triple-digit routs. Not directly, anyway. Here’s what triggered all the action…Read More...
Stock Market News Today Why We Predicted This 10% Gainer Would Soar
Stock market news today focuses on winners and losers in the tech and consumer spaces, as well as how the S&P 500 will come off of its largest weekly decline since June.
Last week was tough for stocks since this year has been filled with rallies. Stocks fell as investors tried to understand the timing of the Fed's tapering of its bond-buying program.
Surprisingly, the market still seems very sensitive to any news on the Fed cutbacks.
This week, the market may continue to react to any news from the Fed, although other economic indicators are likely to be in the foreground of investors' minds.
Stock market news today starts with Japan, which we learned saw gross domestic product rise 2.6% at an annualized pace from April to June - well short of the 3.6% growth economists expected. The Nikkei was down more than 5% last week and is down another roughly 1% this morning.Read More...
Stock Market Today in the Red Ahead of FOMC
The stock market today is off to a sluggish start as investors brace for a week of important economic indicators.
Pending homes sales kicked off a week of tell-tale economic data this morning, while earnings season continues with Wynn Resorts Ltd. (Nasdaq: WYNN) reporting disappointing Q2 results.Read More...
- Stock Market Today: What History Shows Us About Second Half Performance The stock market today got the third quarter, and second half of the year, off to a strong start with all three benchmarks logging gains right out of the gate. Shortly after the open, the Dow Jones Industrial Average jumped 104.61, or 0.70%, to 15,014.21. The Standard & Poor's 500 Index climbed 13.57, or 0.84%, […] Read More...
Stock Market Today Reverses Painful Two-Day Plunge
A sense of calm appeared to settle over the stock market today - one day after the Dow's worst of the year. The Dow was up nearly 90 points near the close Friday.
Gold prices, pushed below $1,300 an ounce Thursday, its lowest level in some two-and-a-half years, also bounced back Friday.
Equity and commodity markets sold-off Wednesday and Thursday on worries the U.S. Federal Reserve could begin winding down its market supportive stimulus program later this year.
St. Louis Fed President James Bullard, who dissented against the FOMC meeting decision Wednesday, said in a statement Friday the central bank "should have more strongly signaled its willingness to defend its inflation target" and shouldn't have given Fed Chairman Ben Bernanke the authorization to provide an approximate timetable to end easing.
Bernanke's comments are indeed blamed for the stock market's steep two-day drop.
The Dow plunged 354 points, 2.3%, Thursday to close at a seven-week low. Over Wednesday and Thursday, the Dow shed 560 points, the blue chip index's biggest drop since November 2011. The CBOE Market Volatility Index (VIX) soared 23% Thursday, above 20 and a fresh 2013 high.Read More...
Finding a Sea of Calm in the Rising Market Mania
The markets have begun to swoon and one of the canaries was two Thai tycoons.
This pair of Thai tycoons, neither of them well-known internationally, has made a total of $27 billion in acquisitions in the past year, more than all Thai companies spent abroad in the preceding three years.