All Entries in the "News & Notes" Category
Premarket Friday
Premarket stock futures are trying to figure out which way to go today, but are currently higher (but barely). Mixed news signals including the UK government backing BP, pledging to help with the Gulf oil spill. Additionally, Chinese inflation rose to a 19-month high, and Spain is in question whether or not it requested aid [...]
Linking Tuesday
U.S. stocks ended firmly higher Tuesday, even as the technology sector stayed lower, rebounding from two days of heavy losses helped by Federal Reserve Chairman Ben Bernanke’s assessment that another recession is unlikely.
Here are some links for your reading pleasure from today, Tuesday June 8, 2010:
Teens face worst summer job market in years
Reduce Stock Holdings [...]
BP
The markets kicked off a new month with continued worries about BP’s (BP) problems and its impact on the energy sector. The Dow Jones Industrial Average fell 112.61, or 1.11%, to 10,024.02, and the S&P 500 dropped 18.70, or 1.72%, to 1,070.71. The Nasdaq sank 34.71, or 1.54%, to 2,222.33 (TheStreet.com)
As BP prepares to pay [...]
Friday Morning and Economic Data
Futures are looking mixed this morning, after yesterday’s stellar market action. Today will be an interesting day in the financial markets. I am wondering if traders will be starting their Memorial Day Weekend early, which could lead to light volume today. However, there are some key Economic data being released today, which I am sure [...]
Thursday Action
“The Dow jumped 284 points, or 2.9 percent Thursday to 10,258, and the S&P 500 rose 35 points, or 3.3 percent to 1103. Stocks turned higher Thursday as China denied that it was reviewing its euro zone bond holdings, a story that drove stocks lower into Wednesday’s close.” (CNBC) — But the financial news networks [...]
