Volatility is the name of the game and stocks are starting February on a high note after an unsettling January. For the first month of the year, the Dow (^DJI) was down 3.7% and the S&P 500 (^GSPC) fell 3.1%. The Nasdaq (^IXIC) shed 2.1%. January is known for setting the tone for the rest Read More
February 2015
By Ryan Vlastelica NEW YORK (Reuters) – Stock markets around the world rallied on Tuesday while the U.S. dollar fell after the new Greek government dropped calls for a write-down of its foreign debt, easing concerns about growing instability in the euro zone. The government, led by the left-wing Syriza party that won elections just Read More
By Ryan Vlastelica NEW YORK (Reuters) – Stock markets around the world rallied on Tuesday while the U.S. dollar fell after the new Greek government dropped calls for a write-down of its foreign debt, easing concerns about growing instability in the euro zone. The government, led by the left-wing Syriza party that won elections just Read More
(Reuters) – U.S. stocks opened higher on Tuesday, with the benchmark S&P 500 index set to continue a rally fueled by hopes of a deal on Greek debt and by firmer oil prices. The Dow Jones industrial average <.DJI> rose 48.1 points, or 0.28 percent, to 17,409.14, the S&P 500 <.SPX> gained 4.53 points, or Read More
Stocks ended sharply higher on Monday after a late rally driven by hopes for a Greek debt deal and as energy shares bounced with oil prices. Greece’s new government has proposed ending a standoff with its international creditors by swapping its outstanding debt for new growth-linked bonds, Finance Minister Yanis Varoufakis was quoted as saying Read More
By Chuck Mikolajczak NEW YORK (Reuters) – Global equity markets were modestly higher in mixed trade on Monday as disappointing data held U.S. stocks in check, while a rebound in oil prices lent some support. U.S. economic data showed consumer spending fell and construction spending rose less than expected in December, while an industry report Read More
NEW YORK (Reuters) – U.S. stocks opened slightly higher on Monday, following sharp weekly declines on major indexes, led by stocks in the energy sector as U.S. crude futures prices rose. The Dow Jones industrial average <.DJI> rose 43.15 points, or 0.25 percent, to 17,208.1, the S&P 500 <.SPX> gained 6.52 points, or 0.33 percent, Read More
Investors are hoping for a better outcome in U.S. markets on the first trading day of February after back-to-back down months. Markets got a glimpse of consumer strength in last week’s disappointing report on fourth quarter economic growth, strategist Bill Stone told CNBC on Monday. “Buried underneath there was the bright spot. It was actually Read More