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Written by 1option
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Equity markets experienced heavy selling pressure last week, with the major indexes down three plus percent. The NASDAQ was the bigger loser, shedding -5 percent of its value. The Fed announcement on Tuesday set off a wave of selling that lasted into Friday and pushed investors out...
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Written by 1option
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Stocks moved higher Friday and for the week, on strong earnings from General Electric (GE), Verizon (VZ), and American Express (AXP). The Dow climbed 102 points on Friday and ended the week up 3.24 percent. The S&P 500 level closed at the crucial 1,100 level, which has...
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Written by 1option
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Equities enjoyed their strongest week in over a year, with the Dow Jones rising 5.3 percent and the S&P 500 climbing 5.4 percent as renewed investor confidence led to stocks being bid higher for the week.
Investors are gearing up for quarter two earnings, which kick off Monday...
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Written by 1option
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Risk aversion continued to drag equity markets down this week as investors flocked into Treasuries and safe haven currencies such as the yen and Swiss franc. Bad news, ranging from the European austerity measures to fears of a Chinese slowdown, has investors feeling unsettled and...
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Written by 1option
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The markets experienced their first losing week after three weeks of gains. The Dow was down four out of five trading sessions and lost 3% for the week. Financial stocks bucked the trend however after the House and Senate approved the initial financial regulation bill passing through...
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Written by 1option
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Another volatile week on Wall Street, with the Dow Jones trading as high as 10,718 on Tuesday and as low as 9,919 at Friday’s open. For the month of May the Dow has traded in a range of over 1,300 points, representing a 12% trading range and new highs on the CBOE Volatility Index...
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Written by 1option
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Despite ugly trading sessions on Thursday and Friday, U.S. markets finished higher for the week. The Dow Jones tacked on 2.3% over the five previous sessions and the Russell 2000 climbed by 6%. Wall Street rallied heavily on Monday and Tuesday after the European Nation (EU) bailout...
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