By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA Index fell 42 points today, while the biotech sector dragged down the Nasdaq. The Nasdaq Biotech Index cratered 4.1% in the sector's largest daily decline in nearly a month.
On Tuesday, U.S. investors will be back on "Fed Watch," as the Fed Open Market Committee kicks off a two-day meeting to discuss monetary policy.
Here are more top stories from today, plus stocks to watch...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
DJIA futures for Monday, April 20, forecast a 96-point gain from Friday's close.
The DJIA Index fell 279 points on Friday as currency challenges and economic concerns in China and Europe rattled investors. This morning, China's central bank boosted lending power in its financial sector after announcing plans to slash banks' reserve requirements. It will be another intensive week of earnings reports as investors await the effects of winter weather and a stronger U.S. dollar during the first quarter.
Here are the top three stories moving the Dow Jones today...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
For April 14, 2015, here's how the stock market did today, the top stock market news, and stocks to watch based on today's market moves.
The DJIA Index gained 59 points as reduced expectations for quarterly profit outlooks were offset by energy sector gains and strong earnings results from JPMorgan Chase & Co. (NYSE: JPM). Shares of the banking giant gained 1.5% on the day.
Here are more top stories from today...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Dow futures for Tuesday, April 7, forecasted a 22-point gain from yesterday's strong close. As first-quarter earnings season kicks off, investors are keeping an eye on oil prices and statements from members of the Federal Reserve.
On Monday, the DJIA Index gained more than 144 points, fueled by a surge in oil prices and soft data that hints the Federal Reserve will likely avoid an interest rate hike in June. Friday's weak March employment report pushed PNC Financial Services to delay its expected target rate date back to September.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
For April 2, 2015, here's how the stock market did today, the top stock market news, and stocks to watch based on today's market moves.
The DJIA today added 65 points, fueled by increased optimism over the U.S. employment situation. First-time claims for state unemployment benefits totaled 268,000, better than the 285,000 analysts had expected.
Here are the day's top stories plus our new profit tip for investors...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Dow Jones futures today (Wednesday) forecasted a 65-point retreat from yesterday's Dow close.
The DJIA Index plunged 200 points Tuesday as energy stocks slipped on news of an extended deadline for an Iranian nuclear deal. Basic materials stocks were the biggest decliners Tuesday.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA today soared 263 points, bringing 18,000 back into the Dow's line of sight again. The cause for the surge? Several key deals in the healthcare sector plus big gains for energy stocks.
The S&P 500 energy sector jumped more than 1.8% on the day. Today's most active energy stocks were Exxon Mobil (NYSE: XOM), up 2.45%; and Chevron (NYSE: CVX), up 2.51%.
Here are the day's top stories plus our new profit tip for investors...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA today managed to bounce back from early triple-digit losses but still closed down 39 points. The S&P 500 struggled to its fourth-straight daily decline.
Investors brushed aside concerns about a pending interest-rate hike by the Federal Reserve and jitters over the upcoming earnings season.
Here are the day's top stories, plus our new profit tip for investors...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Good Morning!Stock futures for Friday, March 20, forecasted a 141-point gain for the DJIA today from yesterday's close. The Dow Jones Industrial Average shed 117 points on Thursday thanks to a slump in oil and commodity prices and a stronger dollar that weighed down energy and material stocks.
What to Watch Today: Keep an ear to two speeches from Members of the Federal Reserve, Charles Evans and Dennis Lockhart. They will be scrutinized for any insight on when the central bank could increase interest rates.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones Industrial Average today shed 117 points. The reason? A slump in oil and commodity prices and a stronger dollar weighed down energy and material stocks.
The markets pulled back after yesterday's announcement that the central bank will not increase interest rates until the nation sees an improvement in its jobs picture and inflation begins to rise.
Here are the day's top market stories, plus our new profit tip for investors...
