Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
Read More »Shares run despite inflation news, Stimulus fear
Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
Read More »Gold, Apple and the Stock Market are rising. Negative real rates may be why.
Text size Michael M. Santiago / Getty Images The Nasdaq Composite hit 11,000 this past week – and all anyone wants to talk about is negative real rates. You see, it’s not good enough for the Nasdaq to win 2.5% for the week – and in the process break a …
Read More »Nasdaq Composite kicks off latest trade in July on the upside as tech gains boost stocks, but concerns persist about coronavirus stimulus bill
US stocks opened higher on Friday morning on the last day of July after Apple and Amazon made strong gains and Alphabet and Facebook, Google’s parent, beat expectations. However, the lack of progress in Congress on another financial aid bill, the continued increase in coronavirus cases and the disappointing labor …
Read More »Nasdaq Composite exhibits panic-like buying signs as the stock market trades lows on Thursday
Trading on the Nasdaq Composite on Thursday morning exhibited panic-like buying behavior as stock market benchmarks, weakened after the worst Republican report on record, fell from their session lows. The Nasdaq COMP Compound, + 0.47% It rose less than 0.1% to 10,560 after hitting a low at 10,412.09 earlier. The …
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