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  • Wednesday
    Fed changes policy language but says it didn’t; stocks rise about 2% - Wed, Dec 17, 2014 11:54
    Stocks got a boost on Wednesday from the Federal Open Market Committee, which said that, based on its current assessment of economic and market conditions, “it can be patient in beginning to normalize the stance of monetary policy.” Up from the open today, stock prices shot higher after the 2:00 release of the Fed’s post-meeting […]
  • Tuesday
    Stocks rise, then fall as oil does the opposite - Tue, Dec 16, 2014 09:45
    After rebounding strongly in the morning, U.S. stocks reached their peak shortly before noon on Tuesday and spent the afternoon in retreat, eventually closing at their lowest levels of the day. The Dow and S&P 500 both surrendered earlier gains of 1.4%, ending the day down 0.7% and 0.9%, respectively. NASDAQ, up 0.9% at its […]
  • Monday
    Last week’s stock sell-off continued on Monday, a bit on the milder side - Mon, Dec 15, 2014 11:54
    Stocks started strong out of the box on Monday, after the Fed reported that U.S. industrial production increased an eye-popping 1.3% last month. But the Dow Jones Industrial Average failed to hold on to its early 125-point gain. Soon enough, the gloom that pervaded global markets was back, and the blue-chip benchmark ended Monday down […]
  • Monday
    Weekly Market Recap – 12/12/14 - Mon, Dec 15, 2014 02:38
    For the moment at least, last week’s global market slide appears to have been arrested in New York early on Monday after a blow-out report on U.S. industrial production for November that, like last month’s employment report, greatly overshot Street expectations. Of course, U.S. stock investors are unlikey to get too excited one way or […]
  • Saturday
    One week off its high, Dow drops 3.8% in second week of December - Sat, Dec 13, 2014 12:25
    Two days after a 268-point or 1.5% decline, the Dow Jones Industrials lost another 316 points or 1.8% on Friday, bringing the full week’s decline to 678 points or 3.8%, the biggest one-week decline since 2011. Since the prior Friday’s 17959 close was an all-time high, the Dow is also 3.8% off its high. The […]
    
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