By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA today slid 85 points as corporate earnings continue to show the effects of a strong U.S. dollar. The dollar has surged more than 9% year to date and punished companies with a broad international focus and reliance on overseas sales.
The Nasdaq moved 19 points higher on news of a proposed biotech merger.
Here are the day's top stories, including stocks to watch...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Pre-market movers for today include DuPont Co. (NYSE: DD), Under Armour Inc. (NYSE: UA), and Hormel Foods Corp. (NYSE: HRL).
This is on a day where Dow futures for Tuesday, April 21, forecasted a 69-point increase from Monday's Dow close.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA Index rose 208 points Monday. The rally was fueled by better than expected earnings reports and news that China slashed commercial bank reserve requirements by 1%.
In its second industry-wide cut in two months to this metric, the nation has freed up roughly $200 billion for lending in an effort to stave off slowing economic growth.
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
The DJIA Index fell 279 points today as currency challenges and economic concerns in China and Europe rattled investors. China's GDP growth rate hit the lowest level in six years.
Oil prices declined today after Baker Hughes Inc. announced the U.S. rig count fell to the lowest level since 2010. WTI crude slipped 1.23% to hit $56.01 per barrel. Brent oil fell 0.52% to $63.65 per barrel.
Here are the day's top market stories...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
For Friday, April 17, 2015, DJIA futures forecasted a 142-point decline from Thursday's close as a sell-off in Europe is rattling markets.
Yesterday, the Dow gave up mid-afternoon gains to end the session down 6 points amid mixed earnings reports lackluster economic data. Weekly jobless claims jumped to a six-week high this morning, but the moving average remains near a 15-year low.
Here's what else you need to know to make it a profitable Friday...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA today gave up mid-afternoon gains to end the session down 6 points amid mixed earnings reports and lackluster economic data. Weekly jobless claims jumped to a six-week high this morning.
The S&P 500 energy index dropped by more than 1% earlier today, before rallying back in the later afternoon on rising oil prices.
Here are the top stories from today's trading session...
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email
Investors are heading into the lending market for good reasons. But risk management is a key factor in yielding big gains.
Because what you don't know can hurt you.
Here's how to avoid losing money in this lucrative but shifting market...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Red-hot pre-market movers like Netflix and Unilever benefitting from an earnings bump can't erase today's decline in the markets.
Dow Jones futures for Thursday, April 16, forecasted a 58-point decline from Wednesday's Dow close as investors maintain a tight eye on financial earnings and housing data.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA Index rose 75 points Wednesday on strong energy stock gains and improving confidence in first-quarter earnings. A strong U.S. dollar, winter weather, and a massive West coast port shutdown may not have affected companies in Q1 as much as previously expected.
Oil prices continued to rise today on expectations that the United States will begin to see falling production. WTI crude gained nearly 6%.
Here are the day's top market stories...
