BizNews Blog

Business and Finance Blog
July 10, 2011

Wall Street Exposed to Profit Taking

Author: admin - Categories: Stocks & Forex - Tags: , , , , ,

Stocks on Wall Street weakened due to exposure to profit taking. U.S. employment data are far below expectations.

Attenuation suffered by Uncle Sam stock, ending an eight-day rally Nasdaq. Although the entire major indexes on Wall Street corrected, but in a week they managed to add points.

U.S. employment data only increased 18,000 peoples in June, even far below the lowest expectations of analysts. It is surprising investors who had just put the funds in capital markets. Read it all..

April 13, 2011

U.S. Growth Fall, Wall Street Down

Author: admin - Categories: Stocks & Forex - Tags: , , , , , , , , , ,

United States stock market fell sharply in trading Tuesday (12/4). The decline was influenced by the economic growth forecast will be lower and there are signs of uncertainty in the survey among small business owners.

After the opening of Wall Street, stock futures fall after Japan raised the level of nuclear crisis. Alcoa Inc. earnings disappoint sentiment also affects the decrease in the index. As quoted from marketwatch.com.

“It’s like the Red Sox season so far, full of promise but it begins with bad things,” said Chief Market Strategist JP Morgan Asset Management, David Kelly.

He further said that investor confidence is influenced by a number of Read it all..

March 30, 2011

Ignore Portugal, U.S. Stock Onward

Author: admin - Categories: Stocks & Forex - Tags: , , , , ,

U.S. stocks pushed up on Tuesday (03/29/2011) local time, ignoring debt downgrades Portugal and Greece, and data on U.S. house prices and consumer sentiment that indicating more difficulty for the economic recovery.

The Dow Jones Industrial Average closed up 81.13 points (0.67 percent) at 12,279.01. S&P 500 Index increased 9.25 points (0.71 percent) to 1,319.44, while NASDAQ composite index rose 26.21 points (0.96 percent) to Read it all..

March 29, 2011

Nuclear Radiation Making U.S. Stocks Slumped

Author: admin - Categories: Stocks & Forex - Tags: , , , , , , , , , ,

The majority of the shares on U.S. stock exchanges fell in trading Monday (03/28/2011) local time. Market participants are still worried, Japan failed in arresting the spread of nuclear radiation in the country.

The Dow Jones Industrial Average fell 22.71 points or 0.19 percent to 197.88 points. The S&P 500 index dropped 3.61 points or 0.27 percent at 1,310.19, whereas, previously, the S&P 500 briefly rose by 0.5 percent. The Nasdaq composite index fell 12.38 points, or 0.45 percent, to Read it all..

March 25, 2011

U.S. Stocks Preserve the Increase

Author: admin - Categories: Stocks & Forex - Tags: , , ,

U.S. stock markets closed higher on Thursday (24/03/2011), in the middle of mixed economic data (varied) showing slow improvement in the employment sector, but manufacturing is still weak.

At the close of trading, the Dow Jones Industrial Average rose 84.54 points (0.70 percent) to 12,170.56. The S&P 500 rose 12.12 points wider (0.93 percent) to 1,309.66, while Nasdaq composite technology index added 38.12 points (1.41 percent) to 2,736.42.

“The market seems to avoid the negative news from elsewhere, including concerted efforts by China to Read it all..