Friday, June 30, 2006
The markets closed lower as crude prices rose. The Dow dropped 41 points to 11,150 while Nasdaq eased 2 points to 2,172. S&P 500 slipped 3 points to 1,270. The 30-year bond rose while the yield fell to 5.186%.
Markets Near Flatline At Midday
The markets traded near the flatline during the midday with the Dow losing 6 points to 11,185. Nasdaq eased 3 points to 2,172 while S&P 500 held steady at 1,273. The 30-year bond rose as the yield slipped to 5.202%.
Thursday, June 29, 2006
Markets Surge After Rate Hike
Investors cheered that the today's rate hike may be the last for a while sent the markets soaring to close higher with the Dow jumping 217 points to 11,191. Nasdaq surged 63 points to 2,174 while S&P 500 leaped 27 points to 1,273. The 30 year bond rose as the yield slipped to 5.251%.
Markets Higher Over Economic Data
The markets traded higher during the midday to positive economic data. The Dow soared 84 points to 11,057 while Nasdaq climbed 15 points to 2,127. S&P 500 gained 9 points to 1,255. The 30-year bond rose as the yield fell to 5.247%.
Wednesday, June 28, 2006
Markets Reverse Losses To End Higher
The markets reversed earlier losses to end the session higher ahead of the Federal Reserve's anticipated rate hike tomorrow. The Dow climbed 49 points to 10,974 while Nasdaq gained 12 points to 2,112. S&P 500 added 7 points to 1,246. The 30-year bond slipped as the yield rose to 5.279%.
Markets Mixed Before Rate Decision
The markets traded mixed during the midday as investors await the Federal Reserve's interest rate decision on Thursday. The Dow eased a point to 10,924 while Nasdaq lost 3 points to 2,097. S&P 500 added 2 points to 1,241. The 30-year bond slipped as the yield inched up to 5.257%.
Tuesday, June 27, 2006
Rate Fears Send Markets To Lower Close
Anxiety over further interest rate hikes sent the markets skidding to a close with the Dow plummeting 121 points to 10,925. Nasdaq plunged 33 points to 2,100 while S&P 500 tumbled 11 points to 1,239. The 30-year bond rose as the yield fell to 5.239%.
Markets Lower As Confidence Rises
An unexpected boost in consumer confidence inflamed fears of further interest rate hikes sending the markets lower during the midday with the Dow plunging 83 points to 10,962. Nasdaq dropped 23 points to 2,110 while S&P 500 lost 7 points to 1,244. The 30-year bond rose as the yield dropped to 5.238%.
Monday, June 26, 2006
Rise In Home Sales Lifts Markets At Midday
An unexpected gain in new home sales lifted the markets modestly higher during the midday with the Dow climbing 19 points to 11,008 while Nasdaq added 9 points to 2,130. S&P 500 rose 3 points to 1,248. The 30-year bond eased as the yield edged up to 5.274%.
Friday, June 23, 2006
Markets Close Lower Over Drop In Durable Goods
A drop in durable goods orders sent the markets to a lower close with the Dow falling 30 points to 10,989 while Nasdaq lost 2 points to 2,121. S&P 500 eased a point to 1,245. The 30-year bond slipped as the yield climbed to 5.257%.
Thursday, June 22, 2006
Markets Close Lower Over Cooling Economy
The markets closed lower over concerns about a cooling economy. The Dow dropped 60 points to 11,019 while Nasdaq lost 18 points to 2,123. S&P 500 slipped 7 points to 1,246. The 30-year bond eased as the yield rose to 5.232%.
Markets Lower Over Interest Rate Concerns
Persistent concerns about interest rates weighed down the markets with the Dow falling 34 points to 11,046 while Nasdaq dropped 14 points to 2,127. S&P 500 lost 4 points to 1,248. The 30-year bond eased as the yield rose to 5.227%
Wednesday, June 21, 2006
Upbeat Earnings Lift Markets To Higher Close
Upbeat earnings news lifted the markets to a higher close with the Dow surging 105 points to 11,079. Nasdaq soared 34 points to 2,141 while S&P 500 climbed 12 points to 1,252. The 30-year bond rose as the yield eased to 5.194%.
Markets Advance Over Strong Earnings
The markets continued to advance during the midday on strong earnings reports. The Dow soared 147 points to 11,122 while Nasdaq leaped 40 points to 2,147. S&P 500 climbed 17 points to 1,257. The 30-year bond rose as the yield eased to 5.187%.
Tuesday, June 20, 2006
Markets Close Mixed
It was a mixed close for the markets as interest rate concerns tempered gains in new home construction. The Dow rose 33 points to 10,975 while Nasdaq eased 3 points to 2,107. S&P 500 held steady at 1,240. The 30-year bond slipped as the yield rose to 5.196%.
Housing Starts Lift Markets Higher
An improved housing industry lifted the markets higher during the midday with the Dow soaring 78 points to 11,021. Nasdaq climbed 10 points to 2,120 while S&P 500 added 6 points to 1,247. The 30-year bond slipped as the yield rose to 5.203%.
Monday, June 19, 2006
Markets Close Lower Before Rate Decision
The markets closed lower ahead next week's interest rate decision by the Federal Reserve. The Dow tumbled 72 points to 10,942 while Nasdaq dropped 20 points to 2,110. The S&P 500 lost 11 points to 1,240 while the 30-year bond eased as the yield rose to 5.183%.
Markets Negative At Midday
The markets wallowed in negative territory during the midday even as oil prices slipped. The Dow fell 15 points to 11,000 while Nasdaq lost 4 points to 2,126. S&P 500 eased 3 points to 1,248. The 30-year bond slipped as the yield rose to 5.188%.
Friday, June 16, 2006
Interest Rate Concerns Send Markets To Lower Close
The markets ended the session modestly lower as investors continued to fret over inflation and higher interest rates. The Dow slipped a point to 11,015 while Nasdaq dropped 14 points to 2,130. S&P 500 lost 5 points to 1,252. The 30-year bond eased as the yield rose to 5.172%.
Rate Concerns Weigh Down Markets
Concerns that the Federal Reserve may continue its policy of rate hikes weighed down the markets during the midday with the Dow falling 14 points to 11,001. Nasdaq lost 15 points to 2,129 while S&P 500 dropped 6 points to 1,250. The 30-year bond rose as the yield eased to 5.134%.
Thursday, June 15, 2006
Cooling Economy Lifts Markets
A cooling economy lifted investor sentiment and the markets to a higher close with the Dow soaring 198 points to 11,015. Nasdaq surged 58 points to 2,144 while S&P 500 jumped 26 points to 1,256. The 30-year bond eased as the yield rose to 5.135%.
Markets Advance At Midday
The markets continued to advance during the midday as investors mulled over signs of a slowing economy. The Dow climbed 83 points to 10,900. Nasdaq surged 35 points to 2,121 while S&P 500 gained 12 points to 1,242. The 30-year bond eased as the yield rose to 5.132%.
Wednesday, June 14, 2006
Markets Close Higher Over Possible Rate Hike
The markets surged in afternoon trading to close higher even as a rate hike appeared more certain. The Dow jumped 111 points to 10,817 while Nasdaq climbed 14 points to 2,086. S&P 500 added 6 points to 1,230. The 30-year bond slipped as the yield rose to 5.085%.
Markets Higher At Midday
The markets traded higher during the midday with the Dow climbing 63 points to 10,769 while Nasdaq gained 9 points to 2,081. S&P 500 added 3 points to 1,226. The 30-year bond eased as the yield rose to 5.089%.
Tuesday, June 13, 2006
Uncertainty Pushes Markets To Lower Close
Persistant uncertainty over inflation and interest rates pushed the markets lower with the Dow dropping 86 points to 10,706, erasing all gains for the year. Nasdaq plunged 19 points to 2,072 while S&P 500 tumbled 13 points to 1,224. The 30-year bond rose as the yield eased to 5.010%.
Mild Inflation Lifts Markets Higher
Mild inflation data lifted the markets higher during the midday with the Dow rising 32 points to 10,824. Nasdaq gained 9 points to 2,100 while S&P 500 added 3 points to 1,239. The 30-year bond rose as the yield eased to 5.010%.
Monday, June 12, 2006
Markets Close Lower Over Rate Concerns
Continued concerns about interest rates sent the markets tumbling to a lower close with the Dow plunging 99 points to 10,793. Nasdaq plummeted 44 points to 2,091 while S&P 500 dropped 16 points to 1,236. The 30-year bond rose as the yield eased to 5.032%.
Markets Mixed Over Inflation Worries
The markets traded mixed during the midday as investors remained cautious about inflation. The Dow gained 7 points to 10,899 while Nasdaq fell 18 points to 2,117. S&P 500 lost 4 points to 1,248. The 30-year bond eased as the yield edged up to 5.036%.
Friday, June 09, 2006
Interest Rate Concerns Weigh Down Markets
Investors continued to fret over interest rates sending the markets to a lower close with the Dow falling 47 points to 10,892. Nasdaq lost 10 points to 2,135 while S&P 500 slipped 6 points to 1,252. The 30-year bond rose as the yield eased to 5.033%.
Instability In Iraq Dampens Markets
Instability in Iraq following the killing of terrorist Abu Musab al-Zarqawi lifted oil prices which dampened the markets. The Dow dropped 55 points to 10,884 while Nasdaq lost 10 points to 2,135. S&P 500 slipped 7 points to 1,251. The 30-year bond rose as the yield eased to 5.022%.
Wednesday, June 07, 2006
Markets Higher As Oil Retreats
The markets traded higher during the midday as oil prices retreated. The Dow surged 63 points to 11,066 while Nasdaq climbed 19 points to 2,182. S&P 500 gained 8 points to 1,271. The 30-year bond eased as the yield rose to 5.098%.
Tuesday, June 06, 2006
Markets Close Lower Over Rate Uncertainty
Interest rate uncertainty plagued the markets sending the major indexes to a lower close with the Dow dropping 47 points to 11,002. Nasdaq lost 7 points to 2,163 while S&P 500 eased a point to 1,264. The 30-year bond rose as the yield fell to 5.080%.
Inflation Fears Weigh Down Markets
Inflation fears continued to weigh down the markets during the midday with the Dow plunging 73 points to 10,975, dropping below the 11,000 mark for the first time in three months. Nasdaq lost 13 points to 2,157 while S&P 500 eased 4 points to 1,261. The 30-year bond rose as the yield fell to 5.079%.
Monday, June 05, 2006
Markets Plunge As More Rate Hikes Loom
The markets plunged after Federal Reserve Chairman Ben Bernanke cautioned that inflationary pressures may lead to more interest rate hikes. The Dow plummeted 199 points to 11,049 while Nasdaq dropped 50 points to 2,170. S&P 500 tumbled 23 points to 1,265. The 30-year bond eased as the yield rose to 5.117%.
Markets Lower As Service Sector Activity Slows
The markets traded lower during the midday as service sector activity slowed. The Dow tumbled 83 points to 11,165 while Nasdaq lost 16 points to 2,204. S&P 500 slipped 7 points to 1,281. The 30-year bond eased as the yield rose to 5.100%.
Friday, June 02, 2006
Markets Close Mixed
The markets closed mixed as rising oil prices tempered data indicating a slowing economy. The Dow lost 12 points to 11,248. Nasdaq held steady at 2,219 while S&P 500 added 3 points to 1,288. The 30-year bond rose as the yield dropped to 5.094%.
Thursday, June 01, 2006
Slowing Economy Lifts Markets To Higher Close
Investors buoyed by data indicating a slowing economy lifted the markets to a higher close with the Dow surging 92 points to 11,260. Nasdaq jumped 41 points to 2,220 while S&P 500 rose 16 points to 1,286. The 30-year bond inched up as the yield eased to 5.201%.
