Monday, July 31, 2006

Markets Underwater As Oil Spikes

The markets ended the day underwater as crude oil prices surged amidst the worsening situation in the Middle East. The Dow dropped 34 points to 11,186 while Nasdaq slipped 3 points to 2,091. The S&P 500 lost 2 points to 1,277 while the 30-year bond eased as the yield rose to 5.07%.

Markets Down As Oil Rises

The markets traded in negative territory as the continuing conflict in the Middle East pushed crude oil prices higher. The Dow fell 28 points to 11,192 while Nasdaq slipped 5 points to 2,089. S&P 500 lost 3 points to 1,276. The 30-year bond eased as the yield inched up to 5.073%.

Friday, July 28, 2006

Markets Close Higher Over Slowing Economy

Elated investors hopeful that a slowing economy marks the end of the Federal Reserve's campaign of interest rate hikes sent the markets soaring with the Dow leaping 119 points to 11,220. Nasdaq surged 40 points to 2,094 while S&P 500 climbed 15 points to 1,279. The 30-year bond rose as the yield eased to 5.067%.

Markets Soar As Economy Slows

The economy grew at a modest 2.5% rate in the second quarter as higher oil prices reigned in spending. Investors hoped that the slower growth would help to moderate inflation which jumped to 2.9%. The Dow jumped 137 points to 11,237. Nasdaq soared 38 points to 2,092 while S&P 500 climbed 16 points to 1,280. The 30-year bond rose as the yield eased to 5.071%.

Thursday, July 27, 2006

Markets Close Lower As Oil Rises

Rising oil prices and uncertainty over tomorrow's GDP report sent the makets to a lower close with the Dow slipping 2 points to 11,100 while Nasdaq dropped 16 points to 2,054. S&P 500 lost 5 points to 1,263. The 30-year bond eased as the yield rose to 5.111%.

Wednesday, July 26, 2006

Markets Close Lower As Economy Slows

The markets slipped into negative territory to close the session moderately lower even as the economy slowed. The Dow eased a point to 11,103 while Nasdaq lost 3 points to 2,070. S&P 500 held steady at 1,268. The 30-year bond rose as the yield slipped to 5.10%.

Markets Mixed Over Mixed Earnings

Mixed earnings news left the markets near the flatline during the midday with the Dow adding 3 points to 11,107 while Nasdaq lost 5 points to 2,069. S&P 500 held steady at 1,268. The 30-year bond rose as the yield slipped to 5.111%.

Tuesday, July 25, 2006

Consumer Confidence Lifts Markets Higher

A surprising gain in consumer confidence boosted the markets to a higher close with the Dow climbing 53 points to 11,104. Nasdaq rose 12 points to 2,074 while S&P 500 added 8 points to 1,269. The 30-year bond eased as the yield rose to 5.125%.

Markets Mixed Over Earnings

The markets traded mixed during the midday as falling oil prices failed to temper disappointing earnings. The Dow lost 16 points to 11,035 while Nasdaq added a point to 2,063. S&P 500 held steady at 1,261. The 30-year bond eased as the yield rose to 5.129%.

Monday, July 24, 2006

Markets Rally Over Merger News

The markets rallied over merger news with troubled hospital operator HCA accepting a buyout offer from three equity firms. The Dow jumped 183 points to 11,051 while Nasdaq surged 41 points to 2,062. S&P 500 climbed 21 points to 1,261. The 30-year bond rose as the yield eased to 5.098%.

Friday, July 21, 2006

Markets Close Lower As Middle East Violence Escalates

The markets closed lower as Israel prepared to invade Lebanon. The Dow dropped 60 points to 10,868 while Nasdaq tumbled 19 points to 2,020. S&P 500 fell 9 points to 1,240. The 30-year bond eased as the yield rose to 5.103%.

Markets Extend Losses

The markets extended its losses during the midday over mixed earnings with the Dow tumbling 72 points to 10,856. Nasdaq dropped 20 points to 2,020 while S&P 500 fell 9 points to 1,240. The 30-year bond eased as the yield inched up to 5.102%.

Thursday, July 20, 2006

Markets Fall As Oil Rises

The markets closed lower as oil prices rose and earnings disappointed. The Dow plunged 83 points to 10,928 while Nasdaq dropped 41 points to 2,039. S&P 500 lost 11 points to 1,249. The 30-year bond rose as the yield eased to 5.082%.

Markets Lower Over Disappointing Earnings

Disappointing earnings news weighed down the markets during the midday with the Dow falling 21 points to 10,991. Nasdaq dropped 22 points to 2,059 while S&P 500 lost 2 points to 1,257. The 30-year bond rose as the yield slipped to 5.079%.

Wednesday, July 19, 2006

Bernanke's Comments Lift Markets To Higher Close

Upbeat comments from Federal Reserve Chairman Ben Bernanke sparked a rally lifting the markets to a higher close. The Dow leaped 212 points to 11,011 while Nasdaq soared 37 points to 2,081. S&P 500 surged 23 points to 1,260. The 30-year bond rose as the yield eased to 5.103%.

Markets Rally Over Bernanke's Comments

The markets rallied during the midday after Federal Reserve Chairman Ben Bernanke's comments allayed investor fears of inflation. The Dow leaped 173 points to 10,972 while Nasdaq jumped 32 points to 2,075. S&P 500 surged 20 points to 1,257. The 30-year bond rose as the yield eased to 5.112%.

Tuesday, July 18, 2006

Markets Recover As Oil Tumbles

The markets rallied in late afternoon trading to close higher as oil prices tumbled. The Dow climbed 52 points to 10,799 while Nasdaq gained 6 points to 2,043. S&P 500 added 2 points to 1,237. The 30-year bond eased as the yield rose to 5.162%.

Markets Retreat As Oil Rises

The markets retreated during the midday as crude oil prices rose. The Dow lost 23 points to 10,724 while Nasdaq fell 11 points to 2,027. S&P 500 slipped 4 points to 1,231. The 30-year bond eased as the yield rose to 5.171%.

Monday, July 17, 2006

Upbeat Industrial Production Lifts Markets

The markets advanced during the midday despite disappointing corporate results as investors focused instead on upbeat industrial production. The Dow rose 23 points to 10,763 while Nasdaq added 3 points to 2,040. S&P 500 held steady at 1,237. The 30-year bond eased as the yield rose to 5.117%.

Friday, July 14, 2006

Rising Oil Weighs Down Markets

The markets closed in negative territory as crude oil prices continued rising to settle at $77.03 a barrel over the growing conflict in the Middle East. The Dow posted three digit losses for the third day in a row by plunging 107 points to 10,739. Nasdaq dropped 17 points to 2,037 while S&P 500 lost 6 points to 1,236. The 30-year bond rose as the yield eased to 5.111%.

Markets Extend Losses

The markets extended its losses during the midday as oil prices broke the $78 a barrel marker. The Dow plummeted 104 points to 10,742 while Nasdaq dropped 17 points to 2,037. S&P 500 fell 7 points to 1,234. The 30-year bond rose as the yield eased to 5.108%.

Markets Open Lower Over Middle East Violence

The markets opened lower over concerns that escalating violence in the Middle East will disrupt oil supplies. The Dow dropped 43 points to 10,803 while Nasdaq slipped 4 points to 2,050. S&P 500 lost 2 points to 1,241. The 30-year bond eased as the yield inched up to 5.123%.

Thursday, July 13, 2006

Middle East Tensions Weigh Down Markets

Tensions in the Middle East lifted crude oil to settle at a record $76.70 a barrel sending the markets skidding for a second day of three digit losses with the Dow plunging 167 points to 10,846. Nasdaq plummeted 36 points to 2,054 while S&P 500 dropped 16 points to 1,242. The 30-year bond rose as the yield slipped to 5.115%.

Markets Drop As Oil Surges Over $76

Oil prices surged above $76 a barrel as violence intensified in the Middle East. The Dow plunged 100 points to 10,913 while Nasdaq plummeted 15 points to 2,175. S&P 500 dropped 8 points to 1,251. The 30-year bond eased as the yield edged up to 5.142%.

Wednesday, July 12, 2006

Higher Oil Prices Send Markets To Lower Close

Rising oil prices sparked fears of inflation and sent the markets tumbling to a close with the Dow plummeting 122 points to 11,013. Nasdaq plunged 39 points to 2,090 while S&P 500 dropped 14 points to 1,259. The 30-year bond rose as the yield eased to 5.135%.

Markets Lower Over Drop In Oil Supplies

A sharp drop in oil inventories weighed down the markets during the midday with the Dow tumbling 74 points to 11,061. Nasdaq plummeted 26 points to 2,103 while S&P 500 fell 9 points to 1,264. The 30-year bond eased as the yield edged up to 5.149%.

Tuesday, July 11, 2006

Markets Recover To Close Higher

The markets recovered in late afternoon trading to close the session modestly higher with the Dow gaining 31 points to 11,135 while Nasdaq climbed 12 points to 2,129. S&P 500 added 5 points to 1,273. The 30-year bond rose as the yield slipped to 5.141%.

Indian Bomb Blasts Weigh Down Markets

Seven bombs exploded during evening rush hour in Bombay sending the markets tumbling at midday with the Dow falling 53 points to 11,051. Nasdaq tumbled 20 points to 2,097 while S&P 500 lost 6 points to 1,261. The 30-year bond rose as the yield slipped to 5.141%.

Monday, July 10, 2006

Mixed Close Ahead Of Earnings

It was a mixed close for the markets as profit warnings muted enthusiasm for the start of earnings season. The Dow rose 13 points to 11,104 while Nasdaq dropped 13 points to 2,117. S&P 500 added 2 points to 1,267 while the 30-year bond rose as the yield eased to 5.170%.

Markets Mixed Over Profit Warnings

The markets traded mixed during the midday after a series of profit warnings. The Dow rose 43 points to 11,133 while Nasdaq lost 5 points to 2,125. S&P 500 added 3 points to 1,269. The 30-year bond eased as the yield inched up to 5.184%.

Friday, July 07, 2006

Markets Tumble Over Profit Warnings

Corporate profit warnings sent the markets tumbling to a lower close with the Dow plummeting 135 points to 11,091. Nasdaq plunged 25 points to 2,130 while S&P 500 dropped 9 points to 1,265. The 30-year bond rose as the yield fell to 5.174%.

Markets Lower Over Profit Warnings

The markets extended its loses during the midday over corporate profit warnings and higher oil prices. The Dow plunged 89 points to 11,137 while Nasdaq lost 6 points to 2,150. S&P 500 eased a point to 1,273. The 30-year bond climbed as the yield dropped to 5.158%.

Thursday, July 06, 2006

Upbeat Jobs Data Boosts Markets Higher

Upbeat unemployment data boosted the markets to a higher close with the Dow gaining 73 points to 11,225. Nasdaq added 2 points to 2,155 while S&P 500 gained 3 points to 1,274. The 30-year bond rose as the yield dropped to 5.226%.

Retreating Oil Lifts Markets At Midday

Retreating oil prices lifted the markets higher during the midday with the Dow climbing 75 points to 11,226. Nasdaq gained 4 points to 2,157 while S&P 500 added 4 points to 1,274. The 30-year bond rose as the yield slipped to 5.228%.

Wednesday, July 05, 2006

Markets Tumble As Oil Rises

The markets tumbled to a lower close as oil prices surged above $75 a barrel to settle at $75.19. The Dow dropped 76 points to 11,152 while Nasdaq fell 37 points to 2,153. S&P 500 lost 9 points to 1,271. The 30-year bond dropped as the yield climbed to 5.271%.

Rising Oil Prices Weigh Down Markets

Surging oil prices weighed down the markets during the midday with the Dow tumbling 63 points to 11,165. Nasdaq plunged 34 points to 2,156 while S&P 500 dropped 8 points to 1,272. The 30-year bond slipped as the yield climbed to 5.276%.

Monday, July 03, 2006

Markets Higher Over Mild Data

The markets traded higher during the midday as mild economic data raised hopes the Fed will end its campaign of interest rate hikes. The Dow surged 76 points to 11,226 while Nasdaq climbed 14 points to 2,186. S&P 500 gained 9 points to 1,280. The 30-year bond eased as the yield rose to 5.215%.