Category: indices
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Major US indices now trading all in positive territory. Silver getting hammered.
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Major US stock indices have now erased all declines. The gains were led by a 0.56% decline in the Dow Jones Industrial Average. The Nasdaq is now up 0.14%: The Dow Jones Industrial Average rose 213 points, or 0.56%, to 39,096 The S&P index rose 16.10 points, or 0.30%, to…
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Major indices close lower on the day/higher for the week
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Major US stock indices close lower during the day, but higher during the week. This week, the S&P and NASDAQ traded to all-time highs. Today the S&P reached 5375.08. This is a new all-time record high. The gains could not be sustained and the price moved into negative territory on…
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The opening bell: US major indices marginally higher after PCE data
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Core US PCE data came in slightly softer at 0.2% versus 0.3% (rounded). In reality, it averaged roughly between 0.2% and 0.3% plus 0.249%, skewing the rounded number to the downside (i.e. 0.2%). However, it is a good number that pushed the major indices to the upside in early trading.…
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Major US indices open the last day of the week higher
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Major indices are trading higher in early US trading. Gains in major indices are in the 0.3% range. Eight minutes after opening: The Dow Jones Industrial Average rose 114.82 points, or 0.29%, to 39,180.09 points. The Standard & Poor’s index rose 17.97 points, or 0.34%, to 5,285.82 points. The Nasdaq…
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European major indices close lower on the day
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London/ European traders return home as their major indices decline: German DAX -0.22% France CAC, -0.67% UK FTSE 100 Index is down -0.09% Spanish Ibex -0.04% Italian FTSE MIB, -0.64% Meanwhile, in US markets, major indices rose slightly: The Dow Jones Industrial Average rose 18.40 points, or 0.05%, to 39,824.35…
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Major US indices close higher for the day and the week
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The three major US stock indexes closed higher today and this week. The Nasdaq led gains on both measures. Today’s summary shows: The Dow Jones Industrial Average rose 450.02 points, or 1.18%, to 38,675.69 points. The Standard & Poor’s index rose 63.61 points, or 1.26%, to 5,127.80 points. The Nasdaq…