US Markets Fall as Traders Fear Removal of Economic Stimuli
The Dow and S&P 500 resumed their descent today, as investors feared that the premature removal of economic stimuli may stall growth and even lead to a double-dip recession.
These concerns were ignited by the Bank of Japan today, which said it will stop buying corporate debt at the end of this year. Australia may also [...]
US Indices Perform Well After Strong US GBP
The Dow and S&P 500 opened higher today, after the US economy grew more than anticipated in the third- quarter.
‘The stock rally is not over yet,’ said Jeffrey Kleintop of LPL Financial. ‘The stock market can celebrate. This news is an important confidence boost, in particular to individual investors.’ [1]
A preliminary report from the Commerce [...]
US Indices and Financial Market Spread Betting Report
The Dow was down again this afternoon as global markets continued to slump following the release of downbeat economic data.
It was announced today that new home sales in the US fell by 3.6% in September, creating expectation that the housing market may slow down once the government’s tax credit scheme expires.
Goldman Sachs was also downbeat [...]
Wall Street Index Spread Betting Report
Wall Street fluctuated between gains and losses, as investors weighed up better-than-expected housing figures and earnings with disappointing manufacturing and consumer confidence data.
Stock market sentiment at the start of the US trading day was bolstered by the S&P/Case-Shiller home price indices, a gauge of home prices in 20 US cities, which rose 1% in [...]
US Equities and Indices Spread Trading Report
Wall Street opened in positive territory, as better-than-expected quarterly earnings at technology firms bolstered equity market sentiment.
‘We’ve had a stellar earnings season,’ said Tom Wirth of Chemung Canal Trust Co. ‘Fundamentals are improving and that should give support for the stocks rally we’ve seen since March.’ [1]
Shares of Verizon Communications, the second-biggest US [...]
US Shares Market Spread Trading Update
The Dow and S&P 500 fluctuated between gains and losses this afternoon, as investors digested a barrage of mixed quarterly reports.
US energy majors were under pressure after the price of crude oil slipped below $81 a barrel. The drop came when Schlumberger, the world’s biggest oilfield services company, said global oil and gas demand will [...]
US Equity Market Spread Betting News
US equity markets continued to sink this afternoon, as concerns over China’s economy and mixed domestic economic figures countered better-than-expected quarterly earnings at McDonalds Corp and AT&T.
The S&P 500 has rallied 60% since the depths of March and is now trading at over 20 times reported operating profits – the highest valuation in five years [...]
US Equities Spread Betting Update
The Dow Jones Industrial average opened higher today as positive results in the US banking sector outweighed some more bad news for Boeing.
After a mixed morning for the FTSE and the gloom of the housing data yesterday, investors and traders would have been glad to switch their focus today to certain key US company earnings [...]
Wall Street Equities Trading Update
Wall Street fell from a one-year high today, despite opening a notch higher, after a disappointing US housing market report encouraged investors to take profits.
Wall Street fell from a one-year high today, despite opening a notch higher, after a disappointing US housing market report encouraged investors to take profits.
Risk aversion struck equity markets [...]
American Equity Markets
Wall Street opened modestly higher this afternoon as investors re-entered the market in search of value following Friday’s brief sell-off.
Sentiment was bolstered by better-than-expected quarterly results from US newspaper publisher Gannett and Eaton Corp, a manufacturer of circuit breakers and fuel pumps.
Gannett’s shares advanced 1.8% to $13.23 after it unveiled third-quarter earnings of [...]