Dow Jones today, August 1, 2014: U.S. markets slumped again Friday despite positive news on the employment front. The U.S. economy added another 209,000 jobs in July, a sixth-consecutive monthly gain. However, the estimate fell short of economists' expectations, and the unemployment rate increased to 6.2% on more Americans searching for work. The S&P 500 posted its largest weekly loss since April.
We put together a roundup of the top 10 most important market-moving events that made investment news this week.
Stock market trends today, August 1, 2014: U.S. markets plummeted Thursday in a broad decline. The DJIA shed 317 points in a heavy sell-off. The S&P 500 fell below its 50-day moving average, erasing all of July's gains as concerns across global markets hammered stocks. The Chicago Board Options Exchange Volatility Index (VIX) jumped more than 27% to an intraday high of 17.11, its highest level since April.
This morning (Friday), the dollar hit a 10-month high against other global currencies while stocks around the world slumped. However, the U.S. unemployment rate rose to 6.2% on news that the economy gained only 209,000 jobs - falling under economist estimates of 230,000 new jobs during July and an unemployment rate of 6.0%.
Stock market close, July 31, 2014: U.S. markets plummeted Thursday in a broad decline, with the Dow Jones shedding 317 points in a broad sell-off.
Meanwhile, the S&P 500 fell below its 50-day moving average, erasing all of July's gains as concerns in global markets hammered stocks. The Chicago Board Options Exchange Volatility Index (VIX) jumped more than 26% to an intraday high of 16.98, the highest level since April.
Dow Jones Today, July 29, 2014: U.S. markets were mixed Tuesday, with Europe and the United States expanding sanctions against Russian interests and sales of new single family homes dipping in May. This afternoon, the International Monetary Fund warned that rising inflation rates and sliding emerging market growth could slash up to 2% of global growth over the next five years.
Stock market today, July 29, 2014: U.S. stock market numbers were up modestly on Monday ahead of a critical round of data that the federal government will release this week. This morning, the Federal Open Market Committee meeting begins.
Stock market today, July 28, 2014: U.S. stock markets were up modestly on Monday ahead of a critical round of data that will be released by the federal government this week.
Today, a report indicated that the services sector reached a four-and-a-half-year high, creating new optimism about the nation's economic recovery. On Wednesday markets will see their first glimpse of second-quarter GDP, while Friday centers on the July unemployment rate.
Stock market news for Friday, July 25, 2014:U.S. markets were mixed Thursday on lackluster economic data. The Dow Jones Industrial Average closed down 0.02%, the Nasdaq Composite closed down 0.04%, and the S&P 500 continued its positive push this week, finishing up 0.05%.
Stock market today, July 24, 2014: U.S. markets were mixed on Thursday on lackluster economic data. Industrial giant Caterpillar Inc.'s (NYSE: CAT) poor quarterly report offset gains from Facebook Inc. (Nasdaq: FB). Shares of Caterpillar were off more than 3% after the company raised its yearly outlook but posted a quarterly decline. Shares of Facebook were up more than 6.5% hitting a new intraday record.
Stock market today, July 23, 2014: U.S. markets were up Tuesday after positive housing data instilled confidence in the recovering market, and geopolitical concerns remained muted. The economic calendar is very quiet today, leaving the market's momentum today to rely on strong earnings.
The stock market today (Tuesday) sputtered and was highlighted by a 150-point drop this morning by the Dow Jones Industrial Average. The Dow Jones today traded as low as 16,874.79 after spending much of the previous two trading days above the 17,000 mark.
Money Morning's Defense and Tech Specialist Michael Robinson had been predicting that the Dow would break 17,000 and then experience a pullback. That's exactly what traders are seeing.
As we close out the first half of 2014, its time to take a look back at the year-to-date U.S. stock market gainers and losers.
The U.S. stock market continues to reach new highs every week, as the Dow Jones Industrial Average nears 17,000 and the S&P 500 nears 2,000.
And while investors are clearly profiting from this extended bull market, it's important to know why the markets continue to trend higher and where they are headed from here.
Money Morning's Capital Wave Strategist Shah Gilani joined FOX Business' "Varney & Co." today (Wednesday) and discussed the factors pushing the markets higher, and why investors should remain cautious in this bull market...
Stock market today, June 30, 2014: U.S. stock markets were flat on Monday, but that represented good news as the second quarter ends. The S&P 500 and Nasdaq finished up for a sixth consecutive quarter. The S&P 500 posted its best second-quarter gain since 2009.
Stock market news, June 26, 2014: The Dow Jones Industrial Average and other U.S. markets dipped Thursday on news of weaker consumer spending. Additionally contributing was a rise in a critical inflation gauge in the domestic economy.