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Monthly Archive: August 2015

Aug 31

Stocks remain volatile amid China, rate hike uncertainty

Market Recap 08/28/15:   U.S. stocks ended a volatile week with a flat session on Friday, as confusion over when the Federal Reserve would begin raising rates gave the market little in the way of a defined trend. Stocks fell early in the session after Fed Vice Chairman Stanley Fischer told CNBC that the central …

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Aug 28

Wall St set to fall after huge two-day rally

Market Recap 08/26/15:   Wall Street stocks rallied on Thursday, with major indexes up more than 2 percent as a strong read on U.S. economic growth offset continued concerns over the pace of growth in China. The day’s gains were broad, with sectors rising across the board and commodities rebounding as well. Crude oil surged 10 percent. The GDP report comes …

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Aug 27

Easing rate concerns give Wall St big rally

Market Recap 08/26/15: U.S. stocks jumped on Wednesday, with major indexes posting their best one-day advance in four years. The rally snapped a six-day losing streak, however, one driven by slowing growth in China and that country’s plummeting stock market. The rally came after New York Fed President William Dudley said that the prospect of …

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Aug 26

Wall St looks to rise as China continues to crater

Market Recap 08/25/15:   U.S. stocks closed lower on Tuesday as a strong initial rally was dramatically reversed in afternoon trading. Wall Street opened sharply higher after the People’s Bank of China cut interest rates and made it easier for banks to lend, measures designed to stabilize the country’s plummeting stock market, but concerns soon grew that …

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Aug 25

Market volatility continues amid China rout

Market Recap 08/24/15:   U.S. stocks suffered their worst one-day decline in four years on Monday, with the S&P 500 formally entering correction territory as weakness in China’s market continued to drag down Wall Street. Volatility was extremely high, with the Dow Jones industrial average at one point plummeting more than 1,000 points for its …

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Aug 24

Market weakness continues as Chinese shares enter free fall

Market Recap 08/21/15:   U.S. stocks fell sharply on Friday, with major indexes suffering their worst one-day percentage decline since 2011 on continued fears over a slowdown in China. Wall Street moves have been largely dictated by economic developments in the world’s second-largest economy, with volatility spiking ever since China unexpectedly devalued its currency. On …

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Aug 21

Stocks weaken on China uncertainty

Market Recap 08/20/15:   U.S. stocks fell sharply on Thursday, with the S&P 500 turning negative for the year as investors grew more concerned about the pace of global economic growth. Weakness in China continued to dictate market direction; an index of Shanghai shares saw heavy selling. On Wednesday, China’s Commerce Ministry said exports in the …

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Aug 20

Fed minutes raise new questions about rate hike timing

Market Recap 08/19/15:   U.S. stocks fell in a volatile session on Wednesday as the latest minutes from the Federal Reserve lastest policy meeting clouded the view on when the central bank might raise rates. The Fed expressed concern about the state of the global economy, which many investors took as an indication that the …

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Aug 19

China volatility continues, retail stocks in view

Market Recap 08/18/15:   U.S. stocks fell on Tuesday, pressured by a massive selloff in China that raised new fears about the pace of growth in the world’s second-largest economy. The decline on Wall Street was minor compared with the drop of 6 percent in Shanghai shares, which could be a signal that the China …

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Aug 18

China selloff raises new concerns for U.S.

Market Recap 08/17/15: U.S. stocks rose on Monday, lifted by some strong corporate news and bullish data on homebuilder sentiment, which lifted housing shares to a multi-year high. Media companies jumped on a plan by Walt Disney (DIS) to expand its theme parks with new features based on its Star Wars franchise. Shares of the …

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