Daily Market Updates

September 15, 2014

US stocks were mixed most of the day, with technology shares slammed ahead of Alibaba’s planned debut later in the week and as investors considered manufacturing data a day before the Federal Reserve starts a two-day policy session.  At the end of the day, the major indices closed mixed: DOW  +43 to 17031 SP500  -1 to 1984 NASDAQ  -48 to 4518 Gold prices closed +2.30 to 1233.90 an ounce Oil prices closed +.55 to 91.32… Read More ›

September 12, 2014

Stocks were lower today as investors look ahead to the Federal Reserve meeting next week.  The Feds will meet and are expected to announce details on quantitative easing and possibly interest rates.  With the mixed economic data in the US, the continued global situations with Russia/Ukraine and the Middle East and the uncertainty in the jobs market, all eyes will watch closely as to the direction interest rates will take in the… Read More ›

September 11, 2014

After opening lower this morning, stocks cut losses in late trading with rising transports as investors also weighed the geopolitical situation in both the Middle East and Russia-Ukraine region.  Stocks had fallen early on with a slide in oil prices though oil did trim  its decline later in the day as well.  At the end of the day, the major indices closed mixed: DOW  -19 to 17049 SP500  +1 to 1997 NASDAQ  +5 to 4591… Read More ›

September 10, 2014

The S&P 500 traded at 2000 for the first time over 2 weeks ago and was stuck there until a round of profit taking yesterday took the index to a 3 weeks low.  Today began with the market edging lower but a reversal in Apple shares help the overall market edge higher. After yesterday’s much talked about Apple new product rollout came off with few surprises the shares of the stock drifted… Read More ›

September 9, 2014

US stocks traded lower for the day as Treasury yields climbed and investors considered when the Federal Reserve would start raising interest rates.  Separately, in economic data, The National Federation of Independent Business said its index of small-business optimism edged higher last month, with more owners expecting conditions to improve in coming months.  At the end of the day, the major indices closed lower across the board: DOW  -97 to 17013 SP500  -13 to… Read More ›