Waiting for Election Day – 10/26/10
Wall Street seemed to be in neutral Tuesday, just one week from the mid-term elections which could bring big changes in Washington. The Dow...
Weak dollar strong for stocks – 10/25/10
The falling US dollar makes US exports cheaper and encouraged stock buying on Monday. The Dow Jones Industrial Average rose 31 points, or 0.3%,...
Stocks ended Friday mixed 102210
Tech stocks were strong on Friday, boosted by some strong earnings reports. That helped the Nasdaq Composite and S&P 500 post gains for the...
Stocks end Thursday up – 10/21/10
Another round of strong earnings reports gave encouragement to stock traders, but they were held back somewhat Thursday as the dollar strengthened overseas. In...
Traders regain confidence – 10/20/10
Faith that the Fed will continue to pump money into the economy spurred buying Wednesday in the stock market. The Dow Jones Industrial Average...
China's move reverberates on Wall Street – 10/19/10
China's central bank shocked Wall Street by announcing an increase in interest rates. And then there were worries about a battle between Bank of...
Banks boost the market – 10/18/10
Strong quarterly reports from some major banks gave encouragement to the stock market on Monday. The Dow Jones Industrial Average rose 81 points, or...
Mixed earnings make for mixed market
Google thrilled Wall Street with its earnings report and gave a boost to the tech sector, pushing the Nasdaq Composite and S&P 500 higher....
Bad jobs news weighs on Wall Street – 10/14/10
An increase in first-time jobless benefits applications was not what Wall Street wanted to hear. Stocks didn't fall a lot, but all of the...
Wall Street cheers strong earnings – 10/13/10
Good earnings reports from sectors as divergent as banking, tech and railroading were greeted as good news by stock traders. The Dow Jones Industrial...
Wall Street loves the Fed – 10/12/10
At least for now, traders were celebrating the minutes released from the last Fed meeting, indicating that the central bank was likely to pour...
Yawn…Traders wait for news – 10/11/10
Trading volume was light Monday, not because it was Columbus Day, but because there wasn't any big economic news and traders are waiting for...
Jobs report gave stocks a boost
In a reversal of the previous day, the job news from the government on Friday was bad - a 4th straight month of job...
A good news is bad news day – 10/7/10
The government's weekly report on new jobless claims came in better than expected. But that good news made traders worry that the Fed might...
Mixed day on tech concerns – 10/6/10
Tech stocks took a hit after an analyst downgraded its chip makers, but the Dow Jones Industrial Average still managed to gain as other...