Tag: Market Recap

LATEST POSTS

  • IN-THE-MARKETS

    In the Markets: Week-Ending January 15

    by Peter J. Creedon

    U.S. stocks ended the day with sharp losses Friday, posting the worst 10-day calendar start in history. A combination of plunging crude-oil prices CLG6, -4.94% and worries about slowing growth in the U.S. and China unsettled investors. Stocks trimmed their losses in the last hour of trading, but remained sharply lower.

  • IN-THE-MARKETS

    In the Markets: Week-Ending December 11

    by Peter J. Creedon

    U.S. stocks ended sharply lower on Friday, as a relentless rout in oil prices, which closed at their lowest levels in seven years, weighed on the main benchmarks. Meanwhile, concerns about a junk-bond selloff ahead of a potential interest-rate increase by the Federal Reserve rattled Wall Street. All three main indexes posted their steepest one-day decline since Sept. 28.

  • UNCATEGORIZED IN-THE-MARKETS

    In the Markets: Week-Ending December 4

    by Peter J. Creedon

    U.S. stocks rallied on Friday with the S&P 500 and Dow industrials posting their biggest one-day gains in nearly three months. Investors took a strong U.S. jobs report as a further indication that the Federal Reserve will raise interest rates this month. Comments from European Central Bank President Mario Draghi, who said the bank can do more monetary stimulus if needed, also helped lift markets.

  • IN-THE-MARKETS

    In the Markets: Week-Ending November 27, 2015

    by Peter J. Creedon

    Energy stocks fell alongside oil prices, while Walt Disney Co. DIS, -shares fell today 2.98% after the media giant said in a regulatory filing that its ESPN sports network lost 3 million subscribers this year (1) and about 7 million over the last two years (1). Healthcare conglomerates continue merging at a fast pace with Pfizer and Allergan deal. Consumer confidence comes in lower than expected.

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