For the second week in a row, the LD Micro Index led the pack, picking up over 1%, while the DJIA trailed dropping 49 bps.
Stocks ended the day significantly lower as relatively flat economic data amid continued speculation concerning the near-term future of Federal stimulus spending. The Standard & Poor’s
The NY Fed Empire State Survey declined to a weaker than expected reading of -10.41 in September. The Dow Jones Industrial Average traded down to 13,526.83 going into the final half hour of
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For the second week in a row, the LD Micro Index led the pack, picking up over 1%, while the DJIA trailed dropping 49 bps.
Stocks ended the day significantly lower as relatively flat economic data amid continued speculation concerning the near-term future of Federal stimulus spending. The Standard & Poor’s
The NY Fed Empire State Survey declined to a weaker than expected reading of -10.41 in September. The Dow Jones Industrial Average traded down to 13,526.83 going into the final half hour of
The US Trade Deficit widened to a less than expected $42.0 billion in July from $41.9 billion in June. The Dow Jones Industrial Average traded up to a day’s high at 13,354.34. The NASDAQ traded
The Dow Jones Industrial Average traded down to 13,270.94 then up to 13,324.10 on Monday morning, and then consolidated this range in the afternoon. The NASDAQ traded down from 3133.89 to
The Dow Jones Industrial Average rallied from a low of 12751.51 to a high of 12858, but the daily chart remains negative. The NASDAQ rallied from a low of 2920.54 to a high of 1940.28, but the
As 2012 rumbles out of the gate, the US housing market correction enters its sixth year. By all accounts, it’s been the worst real estate slump in generations, as housing bears troll through
The Dow Industrial Average traded down from 12,299.11 to 12,140.17 staying well above its 50-day and 200-day simple moving averages at 11,908 and 11,942. The NASDAQ traded down from 2626.34 to
Initial Jobless Claims – in the week ending December 3, the advance figure for seasonally adjusted initial claims was 381,000, a decrease of 23,000 from the previous week's revised figure of
Jon Corzine's MF Global Holdings (MF) continued to seriously struggle after two major ratings agencies downgraded its credit on Thursday due to their significant bond holdings in Europe. The fund
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