Friday, March 31, 2006
The markets closed lower as factory orders slipped. The Dow fell 41 points to 11,109 while Nasdaq lost a point to 2,340. S&P 500 slipped 5 points to 1,295. The 30-year bond eased as the yield inched up to 4.893%.
Markets Near Flat Line At Midday
The markets traded near the flat line during the midday as consumer spending slowed in February. The Dow rose 5 points to 11,155 while Nasdaq added a point to 2,342. S&P 500 slipped a point to 1,299. The 30-year bond eased as the yield rose to 4.895%.
Thursday, March 30, 2006
Markets Close Lower As Oil Prices Rise
The markets closed lower as crude oil prices surged above the $67 a barrel mark to settle at $67.15. The Dow tumbled 65 points to 11,151 while Nasdaq added 3 points to 2,341. S&P 500 lost 3 points to 1,300. The 30-year bond eased with the yield rising to 4.892%.
Markets Down Over Inflation Fears
Renewed fears of inflation weighed down the markets during the midday with the Dow dropping 62 points to 11,154. Nasdaq added a point to 2,339 while S&P 500 lost 2 points to 1,301. The 30-year bond eased with the yield rising to 4.907%.
Wednesday, March 29, 2006
Markets Close Higher
After digesting yesterday's interest rate hike, investors started a buying trend lifting the markets to a higher close. The Dow increased 61 points to 11,216 while Nasdaq climbed 33 points to 2,338. S&P 500 gained 10 points to 1,303. The 30-year bond slipped as the yield rose to 4.842%.
Markets Advance At Midday
The markets advanced during the midday as bargain hunters moved in following yesterday's sell off. The Dow climbed 59 points to 11,214 while Nasdaq gained 25 points to 2,330. S&P 500 rose 9 points to 1,302. The 30-year bond eased with the yield rising to 4.808%.
Tuesday, March 28, 2006
Market Near Flat Line At Midday
There was little change in the markets during the midday as investors await the Federal Reserve's interest rate decision. The Dow slipped 6 points to 11,244 while Nasdaq rose 3 points to 2,319. S&P 500 held steady at 1,302. The 30-year bond eased with the yield rising to 4.774%.
Monday, March 27, 2006
Markets Close Mixed Ahead Of Fed's Rate Decision
It was a mixed day for the markets as investors await the Federal Reserve's interest rate decision. The Dow fell 30 points to 11,250 while Nasdaq added 3 points to 2,316. S&P 500 lost a point to 1,302. The 30-year bond slipped as the yield rose to 4.727%.
Markets Mixed
The markets continued trading in mixed fashion ahead of the Federal Reserve's interest rate meeting with the Dow falling 38 points to 11,242. Nasdaq added a point to 2,313. S&P 500 lost 3 points to 1,300. The 30-year bond slipped as the yield rose to 4.726%.
Friday, March 24, 2006
Markets Close Higher As Durable Goods Climb
The markets closed modestly higher as a jump in durable goods orders was tempered by drop in new home sales. The Dow rose 10 points to 11,280 while Nasdaq climbed 13 points to 2,313. S&P 500 added a point to 1,303. The 30-year bond rose with the yield slipping to 4.695%.
Markets Flat As Home Sales Drop
The markets traded near the flat line during the midday as new home sales drop. The Dow added 4 points to 11,274 while Nasdaq gained 7 points to 2,307. S&P 500 edged up a point to 1,303. The 30-year bond rose as the yield slipped to 4.682%.
Thursday, March 23, 2006
Markets Close Lower Over Rate Hike Fears
The markets closed lower over concerns of further interest rate hikes. The Dow fell 47 points to 11,270 while Nasdaq lost 3 points to 2,300. S&P 500 slipped 3 points to 1,302. The 30-year bond eased with the yield rising to 4.755%.
Markets Slip As Oil Prices Rise
Rising oil prices weighed down the markets during the midday with the Dow falling 48 points to 11,269. Nasdaq lost 8 points to 2,296. S&P 500 slipped 4 points to 1,301. The 30-year bond eased as the yield rose to 4.742%.
Wednesday, March 22, 2006
Upbeat News Lifts Markets To Higher Close
Upbeat corporate news lifted the markets to a higher close with the Dow surging 82 points to 11,317 while Nasdaq added 9 points to 2,303. S&P 500 rose 8 points to 1,305. The 30-year bond edged up with the yield slipping to 4.726%.
Markets Recover During Midday
The markets traded mostly higher during the midday with the Dow climbing 59 points to 11,295 while Nasdaq added 2 points to 2,296. S&P 500 gained 6 points to 1,303. The 30-year bond rose as the yield eased to 4.722%.
Tuesday, March 21, 2006
Oil Supply Worries Weigh Down Markets
The markets pulled back from earlier gains to close lower over fears that further rebel attacks will disrupt oil production in Nigeria. The Dow lost 39 points to 11,235 while Nasdaq fell 20 points to 2,294. S&P 500 slipped 8 points to 1,297. The 30-year bond eased as the yield rose to 4.741%.
Markets Advance During Midday
The markets posted modest gains during the midday as investors welcomed news of falling inflation. The Dow climbed 45 points to 11,319 while Nasdaq gained 15 points to 2,330. S&P 500 added 4 points to 1,309. The 30-year bond slipped as the yield rose to 4.747%.
Monday, March 20, 2006
Markets Trade Higher During Midday
The markets traded in positive territory during the midday as crude oil prices slipped. The Dow added 11 points to 11,290 while Nasdaq gained 8 points to 2,315. S&P 500 held steady at 1,307. The 30-year bond edged up as the yield slipped to 4.696%.
Friday, March 17, 2006
Markets Close Higher As Oil Slips
The markets closed modestly higher as crude oil prices slipped and industrial production rose. The Dow gained 26 points to 11,280 while Nasdaq added 7 points to 2,306. S&P 500 rose 2 points to 1,307. The 30-year bond eased as the yield edged up to 4.717%.
Markets Higher On Industrial Production Gains
Modest industrial production numbers boosted the markets higher during the midday with the Dow gaining 17 points to 11,270 while Nasdaq added 5 points to 2,305. S&P 500 rose 2 points to 1,307. The 30-year bond eased as the yield edged up to 4.705%.
Thursday, March 16, 2006
Markets Close Mixed As Oil Prices Climb
The markets closed mixed as rising crude oil prices tempered upbeat economic data. The Dow climbed 43 points to 11,253 while Nasdaq dropped 12 points to 2,300. S&P 500 added 2 points to 1,305. The 30-year bond rose as the yield slipped to 4.693%.
Markets Rise On Economic Data
Upbeat economic data lifted the markets higher during the midday with the Dow climbing 69 points to 11,279 while Nasdaq rose 9 points to 2,321. S&P 500 gained 7 points to 1,310. The 30-year bond edged up at the yield slipped to 4.680%.
Wednesday, March 15, 2006
Markets Close Higher On Upbeat Economy
Investors cheered by the Federal Reserve's assessment that the economy is expanding at a moderate or steady pace lifted the markets to a higher close with the Dow climbing 58 points to 11,210. Nasdaq gained 16 points to 2,312 while S&P 500 added 6 points to 1,303. The 30-year bond eased as the yield rose to 4.752%.
Cautious Investors Contain Markets
The markets traded near the flatline during the midday with the Dow gaining 12 points to 11,163 while Nasdaq added 3 points to 2,299. S&P 500 held steady at 1,297. The 30-year bond eased as the yield edged up to 4.761%.
Tuesday, March 14, 2006
Falling Bond Yields Lift Markets To Higher Close
Stocks rose across the board on optimism that interest rate hikes may be coming to an end. The Dow jumped 75 points to close at 11,151 while Nasdaq soared 28 points to 2295. S&P 500 gained 13 points to 1297. The 30-year bond rose as the yield slipped to 4.703%.
Markets Move Higher on Earnings News
The markets rose after Goldman Sachs reported sharply higher revenues and earnings due to brisk investment banking business. The Dow added 29 points to 11,105 while Nasdaq climbed 7 points to 2,274. S&P500 rose 4 points to 1,286. The 30-year bond rose as the yield edged down to 4.708%.
Monday, March 13, 2006
Markets Close Lower As Oil Prices Surge
The markets closed near the flatline as surging oil prices dampened investor enthusiasm. The Dow held steady at 11,076 while Nasdaq added 5 points to 2,267. S&P 500 rose 3 points to 1,284. The 30-year bond eased as the yield rose to 4.768%.
Mergers and Acquisitions Lift Markets
As crude oil prices rose, the markets pulled back from early morning gains but continued to trade in positive territory during the midday. The Dow added 9 points to 11,085 while Nasdaq climbed 7 points to 2,269. S&P500 rose 2 points to 1,284. The 30-year bond eased as the yield edged up to 4.774%.
Friday, March 10, 2006
Markets Close Higher As Oil Prices Fall
Crude oil prices retreated to settle at $59.96 a barrel lifting the markets to a higher close. The Dow soared 104 points to 11,076 while Nasdaq climbed 12 points to 2,262. S&P 500 gained 9 points to 1,282. The 30-year bond eased as the yield rose to 4.742%.
Markets Advance On Strong Job Growth
Strong payroll numbers continued to lift the markets during the midday with the Dow soaring 121 points to 11,093. Nasdaq added 14 points to 2,264. S&P 500 climbed 11 points to 1,283. The 30-year bond slipped as the yield rose to 4.753%.
Markets Open Higher on Upbeat Job Report
The markets opened higher as the U.S economy added nearly a quarter million jobs in February. The Dow added 86 points to 11,058 while Nasdaq rose 14 points to 2263. S&P 500 jumped 9 points to 1281. The 30-year bond continued to decline as the yield rose to 4.757%.
Thursday, March 09, 2006
Markets Close Lower Over Record Trade Deficit
Another record trade deficit weighed down the markets with the Dow falling 33 points to close at 10,972. Nasdaq dropped 18 points to 2,250. S&P 500 lost 6 points to1,272. The 30-year bond edged up as the yield slipped to 4.717%.
Rising Mortgage Rates Weigh Down Markets
The markets turned negative during the midday as mortgage rates jumped to a three year high. The Dow lost a point to 11,005 while Nasdaq slipped 5 points to 2,263. S&P 500 eased a point to 1,278. The 30-year bond slipped as the yield rose to 4.748%.
Markets Open Higher on Easing Interest Rate Concerns
The markets opened higher on easing concerns about interest rates. The Dow added 30 points to 11,036 while Nasdaq rose 5 points to 2,273. S&P 500 climbed 2 points to 1280. The 30-year bond continued to decline as the yield rose to 4.731%.
Wednesday, March 08, 2006
Falling Oil Prices Lift Markets Higher
A sharp drop in crude oil prices lifted the markets to close modestly higher with the Dow gaining 25 points to 11,006. Nasdaq slipped a point to 2,267. S&P 500 added 3 points to 2,267. The 30-year bond edged down as the yield inched up to 4.723%.
Markets Continue Slide
The markets continued their downward trend during the midday with the Dow dropping 34 points to 10,947. Nasdaq lost 13 points to 2,256. S&P 500 slipped 5 points to 1,271. The 30-year bond edged down as the yield rose to 4.725%.
Markets Open to 5th Straight Day of Losses
The markets extended their losses for a fifth straight day on concerns of rising interest rates. The Dow was steady at 10,981 while Nasdaq lost 3 points to 2,264. S&P 500 eased a fraction to 1,275. The 30-year bond edged lower as the yield rose to 4.728%.
Tuesday, March 07, 2006
Markets Close Mixed Over Rate Concerns
The markets closed mixed over concerns of rising interest rates. The Dow rose 22 points to 10,981 while Nasdaq tumbled 18 points to 2,268. The S&P 500 slipped 2 points to 1,276. The 30-year bond inched up as the yield eased to 4.722%.
Markets Mired In Mixed Territory
The markets traded mixed during the midday with the Dow adding 10 points to 10,969 while Nasdaq lost 14 points to 2,272. S&P 500 slipped 2 points to 1,276. The 30-year bond edged down as the yield edged up to 4.724%.
Markets Sag on Interest Rate Concerns
The markets extended their losses on concerns of rising interest rates. The Dow clung to a 2-point gain at 10,961 while Nasdaq tumbled 13 points to 2,272. S&P 500 gave up 3 points to 1,274. The 30-year bond continued to fall as the yield rose to 4.728%.
Monday, March 06, 2006
Markets Close Lower As Home Sales Drop
The markets closed lower as January home sales fell. The Dow plunged 63 points to 10,959 while Nasdaq tumbled 17 points to 2,286. S&P 500 lost 9 points to 1,278. The 30-year bond edged down as the yield rose to 4.723%.
Job Cuts Weigh Down Markets
The markets turned negative during the midday over concerns that AT&T will eliminate up to 10,000 jobs after acquiring BellSouth. The Dow dropped 59 points to 10,962. Nasdaq lost 15 points to 2,288. S&P 500 fell 7 points to 1,280. The 30-year bond slipped as the yield rose to 4.710%.
Market Open Flat Despite M&A News
The markets opened near the flatline despite a flurry of sizable acquisition deals. The Dow added a point to 11,022 while Nasdaq opend at 2306, up 4 points. The S&P 500 opened unchanged at 1287. The 30-year bond fell with the yield rising to 4.694%.
Friday, March 03, 2006
Markets Close Lower as Consumer Sentiment Falls
An unexpected drop in consumer sentiment sent the markets down to a modestly lower close with the Dow falling 4 points to 11,022. Nasdaq lost 9 points to 2,303. S&P 500 slipped 2 points to 1,287. The 30-year bond edged down as the yield rose to 4.660%.
Markets Flat Over Mixed Data
The markets traded near the flatline during the midday over mixed economic data. The Dow lost 6 points to 11,019 while Nasdaq held steady at 2,311. The S&P 500 slipped a point to 1,288. The 30-year bond fell with the yield rising to 4.659%.
Higher Oil Prices and Intel Weigh Down Markets
The markets opened lower on higher oil prices and lowered revenue outlook for chip giant Intel. The Dow opened at 11,024, down a point. Nasdaq opened at 2299, down 11 points. S&P 500 opened at 1287, down 2 points. The 30-year bond fell as the yield rose to $4.645.
Thursday, March 02, 2006
Markets Close Lower As Oil Prices Rise
Rising crude oil prices sent the markets to a lower close with the Dow losing 28 points to 11,026. Nasdaq slipped 4 points to 2,311. S&P 500 closed at 1,289, down 2 points. The 30-year bond went down as the yield edged up to 4.616.
Markets Weighed Down by Retail Sales
Disappointing retails sales figures weighed down the markets during the midday with the Dow dropping 60 points to 10,994. Nasdaq fell 13 points to 2,302 while S&P 500 lost 7 points to 1,285. 30-year bond slipped with the yield rising to 4.650%
Markets Open Lower on Mixed Retail Results
The markets opened lower on mixed retail results due to the onset of cold winter weather. The Dow opened at 11,052, down a point. Nasdaq opened at 2305, down 9 points. S&P 500 opened at 1281, down 10 points. 30-year bonds were down with yield rising to 4.597%.
Wednesday, March 01, 2006
Markets Extend Gains to Close Higher
Embracing a gain in consumer spending as a sign that the economy is on solid footing, investors lifted the markets to a higher close with the Dow rising 60 points to 11,054. Nasdaq jumped 33 points to 2,315 while S&P 500 climbed 11 points to 1,291. The 30-year bond slipped as the yield rose to 4.561%.
Upbeat Consumer Spending Lifts Markets
Personal spending rose by 0.9% in January as warm weather and lower oil prices lured consumers to the mall. The Dow jumped 68 points to 11,061 while Nasdaq climbed 28 points to 2,310. S&P 500 gained 9 points to 1,290. The 30-year bond slipped as the yield rose to 4.554%.
