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Monthly Archive: July 2015

Jul 31

Weak earnings offset strong GDP report

Market Recap 07/30/15:   U.S. stocks ended flat on Thursday, with a number of high-profile names – including Procter & Gamble (PG) and Facebook (FB) – dropping after disappointing quarterly results. While a read on economic growth came in above expectations, some investors viewed that data cautiously, as the Federal Reserve has indicated it will raise rates …

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Jul 30

The Fed acknowledges improvement in domestic economy

7/29/15 Market Recap:  U.S. stocks rose on Wednesday, boosted after the Federal Reserve acknowledged improvement in the domestic economy but held off on raising interest rates. While many investors still expect the central bank’s first rate hike in about 10 years to come in 2015, the comments indicated that the Fed was willing to remain …

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Jul 29

Futures are modestly higher

7/28/15 Market Recap:  U.S. stocks rose sharply on Tuesday, rebounding from the previous session’s sharp decline as some strong corporate results offset ongoing concerns over the pace of economic growth in China. While Shanghai’s primary equity index fell, extending its decline on Monday – which had been the single worst session for the index in …

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Jul 28

Pressure by massive selloff in the Chinese market

7/27/15 Market Recap: U.S. stocks fell sharply in Monday’s session, pressured by a massive selloff in the Chinese market that raised new concerns about the pace of global growth and whether China’s slowing economy would have a pronounced impact on corporate earnings and revenue growth domestically. China’s primary stocks index fell more than 8 percent …

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Jul 27

Weak results add concerns regarding strength of the global economy

7/24/15 Market Recap: U.S. stock indexes ended their worst week since March with further losses on Friday, pressured by the latest in a series of weaker-than-expected earnings as well as signs of slowing global growth. Biogen Idec (BIIB) shares plummeted after the biotechnology giant cut its revenue growth forecast for 2015 by more than half, …

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Jul 24

Futures Are Moving Higher

Market Recap 7/23/15: Stocks went lower for the third consecutive day, pressured once again by earnings from a select group of big name companies. In a pattern that has plagued the markets since Tuesday, investors chose to focus on the disappointing results from Caterpillar (CAT), American Express (AXP), and 3M (MMM). At the end of …

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Jul 23

Markets look to break its two day losing streak

7/21/15 Market Recap: Stocks fell in yesterday’s session, its second consecutive day of declines, as disappointing earnings once again put pressure on the broader markets. Just like mixed news from IBM (IBM) and United Technologies (UTX) drove the action in Tuesday’s trading, Wednesday’s trading was dominated by negative sentiment regarding earnings releases by Apple (AAPL) …

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Jul 22

Tech giants performance show negative results

7/21/15 Market Recap: Markets fell in yesterday’s session, negatively affected by disappointing earnings from big names like IBM (IBM) and United Technologies (UTX). IBM, the second largest component of the Dow 30 by weight, fell almost 6% despite beating earnings expectations after missing on the top line. Though IBM saw gains in the company’s cloud …

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Jul 21

Futures are currently mixed ahead of today’s session

7/20/15 Market Recap:  Stocks began the week on a mixed note in yesterday’s trading with the S&P, Dow, and Nasdaq picking up marginal gains while the small cap Russell index closed with losses of half a percent. As overseas worries in Europe and Asia continue to recede, volatility has also fallen as investors look for …

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Jul 20

This Weeks Market Moving Events

7/17/15 Market Recap: The markets ended a relatively strong week with a whimper on Friday with both the S&P and Dow Jones closing essentially flat on the day. After several market days driven by highly anticipated overseas news, Friday’s mixed economic data along with some better than expected earnings data failed to move either benchmark …

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