Opinion – Thursday 7 November 2013

The Dow made a new closing high yesterday as it finally broke and closed over 15720 for a 0.8% gain on the day. However the S&P didn’t manage to make its own new high and only finished up 0.4% as it was dragged down by the Nasdaq which fell 0.2% on the day....

Opinion – Wednesday 6 November 2013

US Stock markets declined yesterday following two days of gains that sent the S&P 500 Index to within 5 points of a record high as investors await this weeks data on economic growth and employment. The S&P closed down 0.3% whilst the Dow closed just 0.1%...

Opinion – Tuesday 5 November 2013

US Stocks rose again yesterday after the S&P 500 Index climbed for four straight weeks with Exon Mobil Corp and US Steel Corp leading a commodity rally whilst investors awaited data on employment and economic growth later in the week. Exon Mobil increased 2.5%...

Opinion – Monday 4 November 2013

On Friday, the US Dollar rose for a sixth day in a row as US Treasuries slid. This resulted from faster than forecast growth in Manufacturing which fueled speculation that the Federal Reserve will begin tapering Bond Purchases. US Stocks climbed after a two day drop...

Opinion – Friday 1 November 2013

US Equities fell for the second consecutive day yesterday as investors assessed corporate earnings and speculated on when the Federal Reserve will cut stimulus. The S&P closed down 0.2% after fluctuating between gains and losses during the day. The market is...

Opinion – Thursday 31 October 2013

US Equities fell yesterday with the S&P 500 halting a four day positive streak after the Federal Reserve fueled the belief that it will begin to cut stimulus, even as expected it maintained the pace of monthly bond purchases. The S&P closed down 0.5% after...