Another wild day as the Dow lost another 140 points and all three major averages turned negative for the year. Jittery traders continued to flee equities amid anxiety that Greece's debt woes could turn into a full-blown credit crisis.
Continue reading Fear Trumps Fundamentals as Stocks Turn Negative for 2010
Fear Trumps Fundamentals as Stocks Turn Negative for 2010 originally appeared on DailyFinance on Fri, 07 May 2010 16:25:00.
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The Dow fell dramatically in afternoon trading before bouncing back to a 350 point loss. Traders piled out of equities and into the relative safety of Treasurys and the U.S. dollar. Oil prices plummeted and gold touched $1,200 an ounce.
Continue reading Dow Drops Nearly 1,000 Points Before Paring Loss
Dow Drops Nearly 1,000 Points Before Paring Loss originally appeared on DailyFinance on Thu, 06 May 2010 16:10:00.
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Despite concerns about the fallout of the financial crisis, stocks recovered from early losses to close higher Monday. The market got a noticeable lift from a report indicating that the SEC was not unanimous in its decision to charge Goldman Sachs with fraud.
Continue reading Stocks Rise Despite Goldman Worries
Stocks Rise Despite Goldman Worries originally appeared on DailyFinance on Mon, 19 Apr 2010 16:20:00.
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Stocks ground out yet another day of solid gains Monday, helped by more good economic news, but still fell short of the technically meaningless Dow 11,000 mark. The yield on the 10-year Treasury note hit 4% before settling slightly below that key level.
Continue reading Stocks Rise Again, and Bond Yields Follow
Stocks Rise Again, and Bond Yields Follow originally appeared on DailyFinance on Mon, 05 Apr 2010 16:30:00.
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Stocks closed broadly lower Wednesday after Fitch Ratings cut Portugal's sovereign debt rating a notch and warned of further possible downgrades. A record-low reading on new homes sales also weighed on equities even as the manufacturing sector continued to recover.
Continue reading Stocks Spooked by Portugal Credit Downgrade, Euro Debt Fears
Stocks Spooked by Portugal Credit Downgrade, Euro Debt Fears originally appeared on DailyFinance on Wed, 24 Mar 2010 16:32:00.
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Stocks charged higher Tuesday, hitting a 17-month high. But volume, the so-called weapon of the bull, continues to run low, raising the question: Is this rally running out of buyers?
Continue reading Dow Hits 17-Month High, but Is the Rally Running on Fumes?
Dow Hits 17-Month High, but Is the Rally Running on Fumes? originally appeared on DailyFinance on Tue, 23 Mar 2010 17:10:00.
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Stocks celebrated the one-year anniversary of the start of their greatest rally since FDR was president by posting modest gains Tuesday. The S&P 500 has had an epic rally over the last 52 weeks, climbing more than 68% from a 12-year low. The Dow is up more than 60%, while the Nasdaq is up 85%.
Continue reading Bull Market Celebrates First Birthday With Modest Gains
Bull Market Celebrates First Birthday With Modest Gains originally appeared on DailyFinance on Tue, 09 Mar 2010 16:50:00.
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Is the stock market poised to climb higher? Or are there warning signs the recent uptrend is getting tired and could soon change direction? The trend lines are, as always, ambiguous, but there is growing evidence that the market may move lower in the months ahead, setting the stage for a significant rally as the 2010 election approaches.
Continue reading Has the Stock Market Reversed Trend?
Has the Stock Market Reversed Trend? originally appeared on DailyFinance on Sun, 07 Mar 2010 09:00:00.
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Stocks rose sharply Tuesday, helped by some upbeat blue-chip earnings reports, solid data on the manufacturing and housing fronts and relief over moves in the eurozone to deal with the debt crisis in Greece.
Continue reading Stocks Rally on Upbeat Earnings, Solid Data
Stocks Rally on Upbeat Earnings, Solid Data originally appeared on DailyFinance on Tue, 16 Feb 2010 16:00:00.
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