Stocks End on a Mixed Note
Stocks ended on a mixed note in trading on Monday as investors remained on the sidelines amid ongoing speculation over how long the Federal Reserve will continue with its bond buying program. The Dow...
Category: Forex Market Update
Stocks Surge After Jobs Data
Stocks surged in trading on Friday following the release of May nonfarm payrolls data. The U.S. economy added 175,000 jobs in May. The jobs data suggests that while the labor market is recovering, the...
Stocks Rally Across-The-Board
U.S. stocks rallied more than 1% across-the-board by mid-day trade on Friday as chances that the Federal Reserve could continue with its multi-billion asset purchase program, increased significantly, following the release of decent but...
Forex Market Update: U.S. Dollar Pares Some of Its Losses after the Job data
The U.S. dollar fell to its two-month low against the Japanese currency during Asian trading hours on Friday, continuing its freefall from the previous session as investors remained wary of holding the currency ahead...
Stocks Rebound Sharply in Late Trading; Finish Near Session Highs
Stocks rebounded sharply in late trading on Thursday, with all three major indexes finishing the day near session highs. Stocks rallied even as investors wait for all-important nonfarm payrolls data, which is scheduled to...
Forex Market Update: Euro Gains against Dollar after the ECB Keeps its Interest Rate Policy Unchanged
The euro climbed against the U.S. dollar on Thursday as the European Central Bank (ECB), in-line with expectations, left its interest rate policy, unchanged. Earlier during European trading hours, the euro climbed to its...
Stocks Get Slammed, DOW Dives More Than 200 Points: I Made $5,000 Profit
By Jason Bond of JasonBondPicks.com Stock markets around the world got rocked Wednesday. I’m cash into Thursday and up 36% in 2013. First the scoreboard: Dow: 14,960, -216.9 pts, -1.4% S&P 500: 1,608, -22.4...
Stocks Rally; Dow Jones and S&P 500 Close at New Record Highs
Stocks rallied on Tuesday, with the Dow Jones and the S&P 500 closing at fresh record highs, as comments from hedge fund manager David Tepper lifted market sentiment. Speaking to CNBC, Tepper, who is...
Forex Market Update: Euro Slips against Dollar
Despite an economic survey showing that euro zone’s industrial output rose more than expected in April, the euro fell against the U.S. dollar on Tuesday as investors’ sentiment in the currency bloc’s largest economy,...
U.S. Economic Calendar Event Update – May 14
These are the U.S. economic calendar events for Tuesday, May 14, 2013. All times are EST. Export Prices ex-ag. for Apr are scheduled to be released at 8:30 AM. The prior period for Export...