[Chart courtesy of MarketWatch.com] 1. Moving the Markets Falling in line with the (as of lately) market topping then dropping phenomena, all three indexes pushed higher again today…barely. Stocks here in the U.S. stretched into positive territory late in the day after Fed Minutes news suggested that an interest rate hike may still be on the table for calendar year …
Stocks Slip Into The Red On Latest Fed Minutes
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks slipped into negative territory today, driven lower by the latest release of the Fed Minutes. The minutes showed that some Fed policymakers favored eliminating a pledge to keep interest rates near zero “for a considerable time” but others worried that such a move could prompt financial markets to push up rates …
Equities Stay Above Water Amidst Mixed Messages From Fed
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied late in the day, which pushed the S&P 500 to close a third straight day in positive territory and finish just short of its all-time high. The S&P 500 gained 0.3%, the Dow rose 0.4%, however, the Nasdaq fell from grace to close down 0.03%. A large portion of headlines …
Markets Respond Mixed To M&A News As Q1 Earnings Season Winds Down
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks dwindled around breakeven for most of the day, but finished strong led by Internet stocks and mixed M&A success. All the major indexes closed higher as the chart above shows. In M&A news, AstraZeneca (AZN) rejected yet another takeover bid from Pfizer (PFE). AstraZeneca rejected a revised £69 billion ($116 billion) …