US stocks slumped once again and ended in the red on Wednesday, 09 May 2012. The broad market spent most of the day in deep losses but managed to curtail the same while going into close. Stocks at Wall Street struggled with Dow extending losses into a sixth day. Political…
Most Asian stocks declined on Thursday, 10 May 2012 as China reported slower export growth and amid growing concern Greece will be forced out of the euro and that austerity plans needed to contain the Europe’s debt crisis will be derailed. Hong Kong’s Hang Seng Index dropped 0.5% to 20,227.28…
US stocks registered strong gains for the week that ended on Friday, 16 March 2012. Economic data dominated during the week. Along the way the stock market managed to overcome precarious conditions in Europe, ongoing concerns about global growth prospects, and debate over the plausibility of additional monetary stimulus. A…
It was seesaw trading at Wall Street on Wednesday, 14 March 2012. Stocks initially posted minor moves with the Dow struggling to hold onto gains and slipped during mid session hours. Ultimately, stocks once again reversed course and Dow managed to extend its winning streak to a sixth session. But…
US stocks ended substantially higher on Tuesday, 13 March 2012. Stocks rallied right out of the gate and traded with modest gains since the very start. An upbeat retail sales data already led the momentum ongoing earlier in the day. But the buying momentum picked up following latest policy statements…
US stocks ended in a mixed fashion on Monday, 12 March 2012. Mixed action overseas following Chinese trade data and an absence of consequential headlines at Wall Street left stocks to open with modest losses. A lack of leadership then left the broad market to muddle along in the early…
It was a mixed finish for US stocks for the week that ended on Friday, 09 March 2012. The Dow Jones was the only index to register losses for the week. Nasdaq and S&P 500 eked out weekly gains. Trade this week actually started on a weak note amid concerns…
US stocks ended with strong gains on Thursday, 08 March 2012. Broad-based buying drove the stock market to another strong gain today, its second straight day of win. Stocks rose as a deadline for private bondholders to exchange Greece-issued debt passed with what looked to be adequate participation, removing an…
It was a flat finish for US stocks for the week that ended on Friday, 02 March 2012. Stocks finished the week in lackluster fashion, but the S&P 500 still posted another weekly gain, the eighth in nine weeks. This week, the Dow average closed above 13,000 for the first…
US stocks overcame an early slip on Thursday, 23 February 2012, and rose on as weekly jobless-claims data and a housing report cast a favorable light on the economy, helping offset disappointing results from Hewlett-Packard and disappointing 2012 GDP forecast from the eurozone. Stocks slipped initially without getting any favourable…
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