A volatile week for equities on
Wall Street ended in fitting fashion, which was with investors on another rollercoaster ride although within fairly contained parameters.
Read more
Stocks turned in another volatile session today, continuing the pattern that began yesterday on concerns that central bank liquidity might soon be less abundant. Traders had a tougher time than usual deciphering the Federal Reserve’s intentions regarding its bond-buying program on Wednesday and, fearing the worst, sold stocks aggressively for the first time in a while.
Read more
It was a rollercoaster ride today for those long equities. The
major U.S. equity indexes jumped out to a fast start, as investors were pleased to hear from Federal Reserve Chairman Ben Bernanke—who spoke before Congress this morning—that the central bank was likely to continue its bond-buying program in the near term.
Read more
After a volatile morning of trading, in which the major
U.S. equity indexes seesawed back and forth around the neutral line, equities righted themselves around the midday hour and then the
market pushed modestly higher thereafter and, for the most part, was able to hold onto the second-half gains by the closing bell.
Read more
Another week has come and gone on
Wall Street, and like most of the prior five-day stretches thus far in 2013, it was a very productive one for the bulls, save for yesterday’s modest selloff. All told, the Dow Jones Industrial, the NASDAQ, and the broader S&P 500 Index finished 1.6%, 1.8%, and 2.0% higher, respectively, for the week. Along the way, the Dow 30 and the S&P 500 Index established all-time highs, as the bulls continued to have a tight grip on trading.
Read more
The
stock market put in a somewhat choppy session today, before closing on a decidedly bullish note. To wit, after a weak opening, the averages managed to stage a healthy advance in the early afternoon, and then surrendered most of these gains, and finally staged a late-day comeback.
Read more
Stocks resumed their advance today, after a brief pause yesterday when investors feared the Federal Reserve was hatching a plan to unwind its extraordinary monetary support. No such fears were to be found in the just-ended session, though. Not that there was a lot to get excited about, in terms of earnings or the economy. It was simply the kind of up day that often occurs during a bull market when cash comes in from the sidelines.
Read more
