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Monthly Archive: February 2015

Feb 26

Futures look to a positive open

Wednesdays Market Recap: Stocks closed the day mixed yesterday with the Dow and Russell 2000 gaining while the S&P and Nasdaq pulled back. Investors again listened to testimony for clues regarding the timing and scope of a rate rise but her comments yesterday offered no surprises. Sectors performance was similarly contrasted with half of the …

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Feb 25

Mixed Markets, awaiting second half of Yellen’s testimony

Tuesdays Market Recap: Stocks increased in yesterday’s trading as Fed Chair Janet Yellen drew a narrative of US economy that has been improving in the past six months. She reiterated however, that the Fed will continue to remain “patient” in making a decision regarding the increase of Fed rates, language that seemed to denote that …

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Feb 24

Markets mainly pulled back

Market Recap: Markets mainly pulled back in yesterday’s trading, with only the Nasdaq being able to muster slight gains of .10%. Slumping oil prices and a disappointing existing home sales report drove the day’s action but investors were also seen to trade cautiously ahead of today’s Senate testimony by Fed Chair Janet Yellen. The fall …

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Feb 23

This Week’s Market Moving Events

Market Recap: Stocks climbed sharply to end at all-time highs in Friday as details of a compromise to avert a shutdown of Greek banks between Eurozone finance ministers and Greek officials were made public. While market participants were elated, Germans were not, and so the drama will likely continue next week. Looking Ahead: It will …

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Feb 20

Futures point towards mixed opening

Market Recap: Stocks were mixed yesterday with the S&P and Dow falling slightly and the Nasdaq gaining as investors weighed continuing developments in Europe and oversupply concerns once again drove oil prices downward. In Europe, negotiations between Greece and the rest of the Eurozone continue after Germany rejected a six month extension proposal on Greece’s …

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Feb 18

Commodities strengthen, Dollar weakens, Yields rise

Market Recap: Stocks fluctuated near the flat line most of Tuesday, as investors digested positive news from Europe, and weaker than forecast economic data from the U.S. Reuters reported that European finance ministers and Greek officials struck a short-term deal to extend bailout funds for 6 months, reducing the risk of a Greek banking system …

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Feb 13

Next Week’s Market Moving Events

Market Recap: Stocks climbed on Thursday as progress with the Greek debt renegotiation helped relieve investor concerns, while the prospect of a new cease-fire between Ukraine and Russia also eased geopolitical tensions. On the economic front, US data was mostly positive but investors really rejoiced on the stronger than expected European GDP data, which was …

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Feb 11

Some good news for investors

Market Recap: Investors received some good news in the form of good corporate earnings on Tuesday, as Coca Cola (KO) and several other blue-chip companies beat analyst estimates. The DJIA rose 0.79%, while the S&P gained just over 1% as all sectors, except for Energy shares, rose. The U.S. dollar rose slightly against major currencies, …

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Feb 09

Investors should remain slightly cautious

Market Recap: It was a heck of a week for investors – particularly those who are overweight in large-cap stocks –  as the Dow Jones Industrial Average climbed nearly 700 points, outpacing the NASDAQ and S&P 500 by more than 1%.  Better than forecast economic news, including an unexpected (although long-awaited) pick-up in hiring by …

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Feb 05

Two European Central Bank governors warn investors

Market Recap: Stocks started out on a positive note on Wednesday, as slightly better than expected economic news and a blow-out quarter by Disney helped lift investor sentiment. Positive comments by Warren Buffet as well as several other highly regarded investors helped lift the Dow Jones Industrial Average by more than 100 points by 3 …

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