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Monthly Archive: October 2015

Oct 30

Wall St edges up, energy earnings in view

Market Recap 10/29/15: U.S. stocks finished slightly lower on Thursday as investors continued to digest comments from the Federal Reserve from the day before. In the central bank’s statement, the Fed indicated it might raise interest rates at its December meeting, faster than many investors had anticipated given continued concerns over global growth and the …

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Oct 29

Stocks pull back after Wednesday’s Fed-fueled rally

Market Recap 10/28/15: U.S. stocks rallied on Wednesday after comments from the Federal Reserve suggested that the central bank could raise interest rates in December. Trading was volatile after the announcement, which also downplayed the impact of global economic headwinds, with stocks falling in the immediate aftermath of the release. The Fed has said it …

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Oct 28

Apple lifts stocks; investors look ahead to Fed comments

Market Recap 10/27/15: U.S. stocks fell modestly on Tuesday as investors held off on making big bets ahead of comments from the Federal Reserve, which could give insight into when the central bank will make changes to its interest rate policy. The Fed began a two-day meeting on Tuesday and will issue a statement Wednesday …

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Oct 27

Stocks pause ahead of earnings, Fed meeting

Market Recap 10/26/15: U.S. stocks fell slightly on Monday, with investors holding off ahead of the start to a two-day meeting of the Federal Reserve. While recent trading has been driven by corporate earnings, which have largely come in ahead of expectations, uncertainty over Fed policy has fueled a lot of market volatility this year. …

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Oct 26

Wall St pulls back from recent sharp gains

Market Recap 10/23/15: U.S. stocks rose on Friday, with the S&P 500 turning positive for the year on the back of strong corporate results from major Technology companies. Microsoft (MSFT), Amazon (AMZN) and Alphabet (GOOGL) all jumped after topping analyst forecasts, with the latter two hitting record intraday levels. The results all helped assuage concerns that …

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Oct 23

Wall Street rises alongside strong earnings

Market Recap 10/22/15: U.S. stocks rallied on Thursday, with the S&P 500 advancing to a two-month high on the back of a number of corporate results that eased concerns about profit growth. McDonald’s (MCD) was one of the biggest gainers of the day, rallying after its results topped expectations, helped by a recovery in demand …

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Oct 22

Investors await onslaught of major earnings

Market Recap 10/21/15: U.S. stocks fell on Wednesday as healthcare stocks weakened and a drop in commodity prices weighed on energy names, though some strong earnings from headliner companies kept losses in check. The healthcare and biotech space slipped after Democratic presidential candidate Hillary Clinton said she had “serious concerns” about some of the merger …

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Oct 21

Trading quiet as investors await big-name earnings

Market Recap 10/20/15: U.S. stocks fell modestly on Tuesday, pressured by IBM (IBM) after the tech giant reported weaker-than-expected revenue and cut its full-year profit outlook. The Dow component was the latest high-profile name to disappoint this earnings season, a major theme of which has been companies struggling with the impact of slower growth out …

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Oct 20

Stocks struggle for direction amid mixed earnings

Market Recap 10/19/15:   U.S. stocks ended flat on Monday as strength in technology shares was offset by weakness in energy and material names. The commodity-based stocks were pressured after the latest GDP data out of China showed the country’s expansion had slowed to a 6.9 percent rate in the third quarter, a pace that …

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Oct 19

Improved earnings paint brighter tone on Wall St

Market Recap 10/16/15: U.S. stocks rose on Friday after General Electric (GE) reported better-than-expected quarterly results, helping to ease concerns about corporate profit growth. Analysts continue to expect a year-over-year decline in third-quarter earnings, pressured by slowing growth out of China and a strong U.S. dollar; that GE, a major multi-national, came in ahead of …

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