January 9 – 13, 2012 Submitted by: Charles Stack As we close out the second week of 2012, the weight of the European debt crisis still looms over the U.S. stock market. The S&P 500, which experienced a consecutive four-day rise, declined half a percent to close at 1,289.09 while the Dow Jones Industrial Average […]
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Weekly Market Wrap Up, January 2-6, 2012
After finishing strong at the end of 2011, the stock market responded to the job market as U.S. Payrolls unexpectedly jumped by 200,000 in December, decreasing the unemployment to the lowest level since February of 2009 (8.5%). Along with a better than expected job market report, consumer confidence ended 2011 at a five month high […]
Weekly Market Wrap Up, November 7-11, 2011
Bigger than Greece Embattled Greece suffered highs and lows last week with its debt crisis, referendums, and resignations. The leaders of Germany and France, Angel Merkel and Nicolas Sarkozy, struggle to lend assistance to Greece with a stimulus package containing about €130 billion ($179 billion). Leaders hope to prevent a Greek default before Christmas. A […]
Weekly Market Wrap Up, October 31-November 4, 2011
Greek Drama With the world standing on its heels waiting to see what will come of the Eurozone’s debt-crisis, this week truly played out like the a Greek drama, which is one of the many world contributions Greece is known for, with some added Halloween elements. The supposed “treat” would come from President Sarkozy and […]
Weekly Market Wrap Up, October 10-14, 2011
Market Sees “Greener” Pastures for Europe’s Debt Crisis World markets achieved their best weekly performance in over two years on Friday. The Dow, S&P 500, and the NASDAQ closed on Friday with gains of 1.5%, 1.7%, and 1.8% respectively. European markets saw the bulls in full action for the week: Britain’s FTSE gained more than […]
Weekly Market Wrap Up, October 3-7, 2011
Spain and Italy As the European debt crisis concern worsens the U.S. stocks retreated last week marking another week that Europe has affected the American Indexes. The Financial industry has had the biggest decline in the S&P 500. The S&P 500 fell nearly 1% lowering its weekly gain to just above 2% and the Dow […]
Weekly Market Wrap Up, September 26-29, 2011
Weak Quarter As the problems overseas keep mounting, the markets seem to be feeling the effects as the close has marked the worst quarter in years. The Dow fell nearly 150 points to 11,153, or 10 percent loss in the fourth quarter (after a slight serge from the blue-chip stocks helped rally it before Friday’s […]
Weekly Market Wrap Up, September 19-23, 2011
The Global Concern As concern over another global recession intensifies, Asian stocks tumbled last week with its regional index falling to a three-year low. In a Bloomberg report, Tim Shroeders stated “It would be flippan to suggest this is just a blip… The aggressive selling of equity markets seems to reflect a heightened probability that […]
Weekly Market Wrap Up, September 12-16, 2011
Research In Motion’s Drop With hand devices acquiring a more prominent role in individual’s life every day, Research In Motion( RIMM), the maker of Blackberry, seemed to be destined to become the leader in the industry until very recently. Yet, the inability to adapt to new environments, the increase in competition, and the lack of […]
Weekly Market Wrap Up, September 5-9 , 2011
The Euro Zone and America As concern grows about Greece’s debt crisis, the euro touches a ten year low versus the yen and a six-month low versus the dollar. With the European bank and sovereign credit risk reaching an all-time high the effects are being seen here in the U.S. as the S&P has seen […]