2011 ended with a down market – 12/30/11
Despite lots of ups and downs, stock prices ended 2011 pretty much where the year began. The flat year ended with a down day,...
Good news for the markets – 12/29/11
The Italian government bond auction went well, the report on new jobless claims was OK and then there was a surprising jump in pending...
Stocks fall on European worries – 12/28/11
Renewed worries about the Euro zone ahead of a big debt sale by Italy put downward pressure on stock prices. The Dow Jones Industrial...
Post-Christmas market was mixed – 12/27/11
Despite a rise in the Conference Board's index of consumer confidence, Wall Street had a rather flat day on Tuesday, following last week's run-up....
Pre-Christmas market closed up – 12/23/11
Stocks gained for the third straight week as the market rose Friday ahead of the three-day Christmas holiday. Observers credited generally positive economic news,...
Job news spurs stock spurt – 12/22/11
Wall Street cheered as new jobless benefits claims declined. The Dow Jones Industrial Average gained 62 points, or 0.5%, to 12,170. Most broadcast stocks...
Wednesday a mixed day all around – 12/21/11
The broader stock market was mixed as were broadcasting stocks on Wednesday. Tech stocks took a hit as Oracle issued a disappointing report, but...
Tuesday was brighter on Wall Street – 12/20/11
A rise in US housing starts and better economic news from Europe put Wall Street traders in a better mood on Tuesday. The Dow...
Gloomy Monday on Wall Street – 12/19/11
Worries about the global economy sent bank stocks falling on Monday - and the rest of the market followed. By the way, Bank of...
Stocks ended Friday narrowly mixed – 12/16/11
A deal that was struck on Capitol Hill to avoid a US government shutdown wasn't enough of a plus to counter Wall Street gloom...
Domestic good news outweighs Europe – 12/15/11
Wall Street continues to worry about the Euro zone, but a drop in new jobless claims and a strong earnings report from FedEx sent...
Euro falls and so do US stocks – 12/14/11
The Euro fell to its lowest level in a year and Italy had to pay dearly to refinance some debt, so bad news from...
Fed statement fails to inspire Wall Street – 12/13/11
The latest statement from the Federal Reserve said the economy is looking a teeny bit better, but it is staying the course with its...
Stocks fall on renewed Euro zone worries – 12/12/11
Friday's euphoria over a pact to relieve financial problems in Europe dissipated Monday as major credit rating agencies warned that the agreement did not...
Wall Street celebrates European deal – 12/9/11
Stock traders around the globe shouted alleluia on Friday as Euro zone countries agreed on a financial rescue plan. The Dow Jones Industrial Average...