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Markets Continue To Rally As The Dow Closes Above 17,000
Tuesday, October 28, 2014 - 4:44pm | 1552Read More...U.S. stocks continued to charge forward as the Dow closed above the 17,000 mark as consumer confidence rose more than expected in October. The Federal Reserve gathered Tuesday and will release a statement on Wednesday at 2:00 p.m. ET. It is not a foregone conclusion that the Federal Reserve...
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Earnings Expectations For The Week Of October 27: Facebook, Exxon, Pfizer And Much More
Sunday, October 26, 2014 - 4:55pm | 999Read More...Lots more earnings are on tap this week, from social media giants like Facebook and Twitter to petroleum supermajors Exxon and Chevron, from major pharmaceutical makers Merck and Pfizer to consumer goods giants like Altria and Avon Products. Here is a quick look at what analysts are expecting from...
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Markets End Hectic Week On Positive Note
Friday, October 24, 2014 - 5:16pm | 1129Read More...U.S. markets rose on Friday, ending a four-week slide for the major indices despite ongoing Ebola-related scares. Investors found enough positives in earnings reports from Dow listed Microsoft and Procter & Gamble to justify a triple-point gain in the Dow. The S&P 500 posted its best week...
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Markets Debut Week On Negative Note; S&P 500 Falls Through Key Level
Monday, October 13, 2014 - 4:57pm | 1971Read More...U.S. markets began the week on a negative note after markets sold off in the final two hours of trading on no major news catalyst. The S&P 500 fell through its 200-day moving average of 1,905, a key technical level for fundamental investors and traders. The last time the index broke its 200...
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What Is A High Risk Market?
Monday, September 8, 2014 - 9:39am | 810Read More...As defined here, a “high risk market” refers to a geographical region fraught with risk due to bribery, corruption or geopolitical events. While any industrial sector could be at risk, some industries are more prone than others are and often find themselves ensnared by the U.S....
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Markets Little Changed In Low Volume And Slow News Ahead Of Long Weekend
Wednesday, August 27, 2014 - 5:17pm | 2425Read More...U.S. stocks were little changed with the S&P 500 closing for the second straight day above the 2,000 mark. Markets were on track for a flat open and volume and volatility remained relatively light throughout the trading session as geopolitical events remain in focus. Israel and Gaza have...
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Deutsche Bank Says Pfizer Has A Strong Financial Position And Attractive Pipeline
Wednesday, August 27, 2014 - 11:25am | 400Read More...Gregg Gilbert of Deutsche Bank initiated coverage of Pfizer (NYSE: PFE) on Wednesday with a Buy rating and $34 price target. “While Pfizer continues to face headwinds to top-line growth and has a less obviously compelling pipeline relative to some of its peers, we like the company's...
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S&P 500 Closes Above 2,000; Dow Hits New All-Time High As Markets Continue To Rally
Tuesday, August 26, 2014 - 4:42pm | 2835Read More...U.S. stocks rose, lifting the Dow to new historical all-time highs of 17,153.80 following a better than expected rise in orders of durable goods. Consumer confidence improved in August, helping market sentiments while investors and traders placed less emphasis on a report that home prices are...
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Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Thursday, August 21, 2014 - 5:16pm | 2993Read More...U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...
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Stocks Mixed Despite Better Than Expected GDP
Wednesday, July 30, 2014 - 4:43pm | 2929Read More...U.S. stocks were mixed as the Fed continued to wind down its monthly asset purchase program by another $10 billion. The Fed noted that the economy rebounded in the second quarter despite significant under-utilization remaining in the labor market. As such, the Fed noted, it will maintain a...
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Stocks Lower As Earnings Season Takes Back Seat To Geopolitical Uncertainties
Tuesday, July 29, 2014 - 4:37pm | 2823Read More...U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, President Obama said the United States will expand on sanctions meant to hurt Russia's energy, defense and financial sectors. The move follows Russia's...
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Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
Monday, July 28, 2014 - 4:36pm | 2462Read More...U.S. stocks were little changed ahead of the Federal Reserve's policy announcement due out on Wednesday. The Federal Reserve will conclude a two-day session, with the central bank likely to announce further cuts to its monthly asset purchases. In economic news, June home sales declined in...
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Earnings Expectations For The Week Of July 28: Exxon, Pfizer, Twitter And Much More
Sunday, July 27, 2014 - 8:58pm | 1103Read More...The earnings crunch continues, and reports so far have generally been encouraging. Among the many quarterly reports scheduled to hit the tape this week are those from Exxon Mobil, Pfizer, Procter & Gamble and Whole Foods, from which analysts expect to see at least marginal earnings gains....
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Benzinga Weekly Preview: FOMC In Focus As Earnings Season Progresses
Saturday, July 26, 2014 - 1:58pm | 2120Read More...The U.S. Federal Open Market Committee is set to have a two-day policy meeting next week against a backdrop of geopolitical tension and the U.S. earnings season. The Fed meeting has investors speculating about whether the bank will provide any insight into its plans to raise interest rates,...
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Dow Sets New Intraday High; Citigroup Impresses With Earnings
Monday, July 14, 2014 - 4:44pm | 2632Read More...U.S. stocks rose as earning season unofficially kicked off with Citigroup reporting better than expected earnings. The Dow Jones Industrial average set new intra-day records, hitting an all time high of 17,088.43 as investors appear to be comfortable with holding blue chips instead of...















