Liz Strauss

Facebook Blog

header photo

Stocks Remain Mostly Negative In Mid-day Trading - U.s. Commentary -

February 2, 2015

U.S. Stocks Fall Nearly 3% on Fears That QE Has Lost Its Punch - Barron's

The Dow Jones Software Index is falling by 2.2 percent to its lowest intraday level in over three months. Electronic storage stocks are also extending a recent downward trend, dragging the NYSE Arca Disk Drive Index down by 2 percent. The index has also fallen to a new three-month low. Brokerage, transportation, and pharmaceutical stocks are also seeing significant weakness, while gold stocks are bucking the downtrend amid a sharp jump by the price of the precious metal. Other Markets In overseas trading, stock markets across the Asia-Pacific region turned in a mixed performance during trading on Friday.

Stocks skid for second month; Dow falls 250 pts - Yahoo Finance

The Good buys for today payment processor jumped more than 4 percent after reporting a better-than-expected quarterly profit late Thursday.The S&P 500 ( ^GSPC ) declined 26.26 points, or 1.3 percent, 1,994.99; consumer discretionary leading losses and energy the sole sector in 10 gaining. The Nasdaq ( ^IXIC ) shed 48.17 points, or 1 percent, at 4,635.24.For every share rising, two declined on the New York Stock Exchange, where 1.2 billion shares traded. Composite volume neared 4.5 billion. Crude futures (New York Mercantile Exchange: @CL15H) rose $3.71, or 8 percent, to $48.24 a barrel, and gold futures (CEC:Commodities Exchange Centre: @GC15G) climbed $23.90, or 2 percent, to $1,278.50 on the New York Mercantile Exchange.The U.S. dollar (Exchange:.DXY) continued to climb against other global currencies and the yield on the 10-year Treasury note (U.S.:US10Y) fell 9 basis points to 1.6662 percent.

Stocks keep falling after GDP miss - Yahoo Finance

The forward calendar remains very active, with more earnings reports and economic data next week. The Institute for Supply Management's manufacturing index is the next big event on Monday. Aside from an apparent preference for international stocks over domestic, no individual group or sector has been able to show sustained leadership recently, according to optionMONSTER's proprietary researchLAB market scanner. That marks a big contrast with other times in the last two years and may indicate a lack of enthusiasm toward the broader market. In other news, Intercept Pharmaceuticals surged 34 percent after its prospective liver drug received fast-track designation from the Food and Drug Administration.

The downward momentum for the markets comes following the release of a report from the Commerce Department showing that the pace of U.S. economic growth slowed more than expected in the final three months of 2014. The report said U.S. gross domestic product climbed by 2.6 percent in the fourth quarter following the 5.0 percent jump seen in the third quarter.

Stocks May Open Sharply Lower On Disappointing GDP Data - U.S. Commentary -

Shake Shack sizzles; McDonalds fizzles. And, three cheers for F5. By Jan. 31, 2015 3:19 a.m. ET Vital Signs Stocks were spanked last week, falling nearly 3% amid low trading volumes.

Go Back