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U.S. 4Q GDP Expands to 3% Growth

Broad market gains yesterday sent the Dow Jones Industrial Average to close above the 13,000 mark for the first time since May 2008 and the S&P 500 ended the day at its best level in nearly four...

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Today’s Market Action

U.S. stocks opened mildly higher, extending gains into a sixth day on follow-on strength from yesterday’s surprise Fed stress test results which allowed a dividend-increase melee among banks.  The...

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Overseas Election Results Stunt Stocks

Equity markets closed sharply lower on Friday and on the week after the April payrolls report showed the U.S. economy created just 115,000 new jobs, the fewest in six months.  The S&P 500 lost 2.4%...

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Today’s Market Action

U.S. stocks are extending losses after the latest economic data showed factory orders fell in April for a second month, adding to evidence that U.S. economic growth is slowing.  The S&P 500, the...

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Market Action

In spite of the come-to-be-expected volatility last week, stocks were generally up, with the S&P 500 higher 1.3% for the period. The primary theme continued to be the tough situation in Europe, so...

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Today’s Market Action

The S&P 500 opened modestly higher as investors welcomed a smaller-than-expected annual decline in home prices, sending homebuilder company shares sharply higher.  Equities pared early gains after...

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Today’s Market Highlights

U.S. Home Sales Post Surprise June Decline.  Sales of newly-constructed homes declined by 8.4% in June to an annualized rate of 350,000, missing the consensus forecast for 372,000.  The decline was...

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Today’s Market Action

U.S. stocks are trading higher as investors anxiously await this Friday’s speech from Federal Reserve Chairman Ben Bernanke.  Bernanke’s speech at the Fed’s annual symposium in Jackson Hole, Wyoming...

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Today’s Market Action

Domestic equity markets are closed today (fixed-income markets close at noon ET), as Hurricane Sandy – the largest Atlantic storm on record to approach the northeast seaboard, prompted a regional...

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Today’s Highlights

“A Republic, If You Can Keep It.”  Noting Benjamin Franklin’s definition of America’s form of government led by the people, U.S. voters decide today whether to grant President Obama another four years...

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