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Monthly Archive: March 2016

Mar 31

Wall St flat after recent gains

Market Recap 3/30/16:   U.S. stocks rose on Wednesday as investors continued to take heart from Federal Reserve Chair Janet Yellen’s recent comments on interest rates. In a speech on Tuesday, Yellen indicated that the central bank wouldn’t be aggressive in raising interest rates, suggesting that markets could expect two increases this year instead of the four that …

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Mar 30

Wall St rises after Yellen comments; indexes near highs of year

Market Recap 3/29/16:   U.S. stocks rose on Tuesday, advancing in a broad rally after Federal Reserve Chair Janet Yellen urged caution on interest rates. In a speech, Yellen said that global risks remained for the economy, which indicated that the central bank wouldn’t be aggressive in raising interest rates. Investors had been expecting the …

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Mar 29

Wall St edges lower as investors look ahead to Yellen

Market Recap 3/28/16:   U.S. stocks ended a volatile session flat on Monday, with investors torn over some mixed economic data, which showed weak consumer spending growth in February, along with a drop in inflation. While the data pointed to a market that continues to struggle with growth, they also suggested that the Federal Reserve …

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Mar 28

Wall St edges up in quiet session

Market Recap 3/24/16: U.S. stocks ended flat on Thursday, with investors finding few reasons to make big bets in either direction. Trading was particularly quiet going into the Good Friday market holiday; many market participants closed out their positions ahead of the holiday to protect against any news that could break over the weekend. Energy …

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Mar 24

Wall St falls with investors concerned about interest rates

Market Recap 3/23/16:   U.S. stocks fell on Wednesday, with energy stocks among the weakest of the day. The sector was pressured as a rise in crude oil stockpiles underlined longstanding concerns about an oversupply glut in the commodity market, sending oil prices lower. The market’s tone has generally been negative this week, with investors …

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Mar 23

Wall St flat as investors look for catalysts

Market Recap 3/22/16:   U.S. stocks ended slightly lower on Tuesday, with caution rising following a series of terrorist attacks in Brussels. The attacks added an element of geopolitical uncertainty to a market that has already been questioned for its valuation, and prompted a flight to assets that are seen as safer, like the U.S. dollar. Consumer stocks were among …

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Mar 22

Wall St lower after Brussels attacks

Market Recap 3/21/16:   U.S. stocks ended flat on Monday as investors found few reasons to make big bets in either direction following a recent rally that erased the S&P 500’s losses for the year. With the S&P now positive for 2016, market participants are looking for confirmation that equity prices – which are near record …

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Mar 21

Wall St flat with indexes near record levels

Market Recap 3/18/16:   U.S. stocks closed higher on Friday, with the S&P 500 turning positive for the year as investors viewed recent comments from Federal Reserve Chair Janet Yellen as a positive for the market. In commentary released earlier in the week, Yellen indicated that there would be fewer interest rate hikes this year than previously …

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Mar 18

Wall St rises in aftermath of Fed comments

Market Recap 3/17/16: U.S. stocks closed higher on Thursday, with the Dow turning positive for the year as investors continued to digest recent comments from Federal Reserve Chair Janet Yellen. In commentary released on Wednesday, Yellen indicated that there would be fewer interest rate hikes this year than previously expected. The comments weighed on the …

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Mar 17

Wall St edges lower as investors digest Fed comments

Market Recap 3/16/16:   U.S. stocks closed higher on Wednesday, with the S&P 500 ending at a high for the year after Federal Reserve Chair Janet Yellen indicated that there would be fewer interest rate hikes this year than previously expected. Projections indicate that Fed policymakers expect two increases in rates in 2016, half what …

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