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Daily Market News

Daily Market News: July 25, 2014
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Daily Market News: July 25, 2014

July 25, 2014 – Daily Market News Today’s Hot Asset: USD U.S. stocks finished with little change after trading in a narrow range. The S&P 500 closed 0.05% higher, at a record for the 27th time this year. The Dow Jones lost 0.02%. Earning reports were mixed. General Motors profit [...]

Daily Market News: July 24, 2014
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Daily Market News: July 24, 2014

July 24, 2014 – Daily Market News Today’s Hot Asset: USD U.S. stocks were mixed following gains in health care and technology shares. The S&P 500 closed at a record of 1,987.01, 0.18% higher after Apple shares increased and climbed to the highest since 2012. However, the Dow jones declined [...]

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Daily Market News: July 23, 2014

July 23, 2014 – Daily Market News Today’s Hot Asset: GBP U.S stocks closed higher yesterday following positive data and earnings reports. Rising for a third month, Existing Homes sales increased in June to the highest annual rate since October. The lower CPI data also fueled expectation that interest rates in [...]

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Daily Market News: July 22, 2014

July 22, 2014 – Daily Market News Today’s Hot Asset: USD U.S. stocks closed lower due to lingering geopolitical concerns that the war in Gaza could escalate and tougher sanctions could be placed on Russia. At the close of the session, the S&P 500 was 0.23% lower and the Dow [...]

Daily Market News: July 21, 2014
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Daily Market News: July 21, 2014

July 21, 2014 – Daily Market News U.S. stocks ended the week higher with increases in technology stocks. Google added 3% to $600/share, following its report that revenue grew 22% in one year. Gains were also seen from Apple, Amazon and Microsoft. At session close the S&P 500 was 1.03% [...]

Daily Market News: July 18, 2014
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Daily Market News: July 18, 2014

July 18, 2014 – Daily Market News Today’s Hot Asset: USD Yesterday, a Malaysian airline carrying 295 people crashed into East Ukraine. This occurrence happened after the EU and U.S. applied a new round of sanctions onto Russia. As a result U.S. stocks ended sharply lower as investors turned to [...]

Daily Market News: July 17, 2014
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Daily Market News: July 17, 2014

July 17, 2014 – Daily Market News Today’s Hot Assets: EUR, USD, JPY U.S. stocks gained following better than expected earnings and deal news. For example, Time Warner rejected a takeover bid by 21st Century Fox for $80 billion, pushing shares 17% higher. The Beige Book also showed that economic [...]

Indices Reacting to Earnings Reports
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Indices Reacting to Earnings Reports

July 16, 2014 – Indices News Asian markets were mixed today as Chinese GDP growth met projections and accelerated to 7.5% in the 2nd quarter from a year earlier. The MSCI index lost 0.1%. Japan’s Topix index was little changed and the Hang Seng gained 0.3%. The Shanghai Composite declined [...]

Daily Market News: July 16, 2014
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Daily Market News: July 16, 2014

July 16, 2014 – Daily Market News Today’s Hot Assets: GBP, USD, CAD Janet Yellen began her 2 day congressional testimony yesterday. She suggested that suggested valuations on Internet stocks may be stretched and also noted that the Fed could act sooner on interest rates. U.S. stocks were initially higher [...]

Daily Market News: July 15, 2014
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Daily Market News: July 15, 2014

July 15, 2014 – Daily Market News Today’s Hot Assets: EUR, GBP, USD U.S. stocks gained after Citigroup released better than expected earnings and Apple’s rating was boosted ahead of their earnings report on July 22. Apple’s target price was also increased pushing the stock 1.3% higher. At session close [...]