[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities rose as the major indexes moved closer to record levels, and a tech stock rally sent the Nasdaq to a new 2015 closing high. In earnings news, Dow giants McDonald’s (MCD) and Coca-Cola (KO) helped boost the blue-chip index higher as shares of MCD jumped 3.1% and KO rose 1.3% on …
Mixed Earnings News Leaves Markets In Flux
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed mixed as the Nasdaq jumped back above 5,000 but the Dow was dragged lower by mixed earnings news. At the top of headlines today was Yahoo! (YHOO). The company missed earnings and revenue forecasts for Q1, which sorely disappointed investors that were hoping for a rebound to start off 2015. …
As Oil Trends Up, Stocks Go Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell in late trading and closed slightly lower as the rebound in oil prices continued and investors assessed another batch of corporate earnings reports. It was a great day for IPOs. Shares of four companies all rose on their first day of trading. Online craft company Etsy (ETSY) rose 88% to …
Markets Climb On Positive Earnings Reports
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Netflix (NFLX) was all over the news today. The stock surged more than 12% today after the public welcomed earnings news that the company’s revenue jumped 24% and membership surpassed 60 million global users. The Nasdaq composite index reacted accordingly, jumping back above the 5000 mark for the day to close at …
Indexes Close Mixed As Energy Stocks Rally On Higher Oil Prices
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes closed mixed as energy stocks rallied on higher oil prices, which tech stocks lagged. The Dow moved back above 18,000, but there was no real momentum of note in trading today. Wells Fargo (WFC) reported that first-quarter earnings fell to $5.8 billion, or $1.04 per share. The results beat …
Stocks Fall As Earnings Season Gets Underway
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities fell as investors look ahead to a busy week of earnings and economic data. The stock market is coming off its second straight week of gains, and its next move will be determined largely by what corporate CEOs say about the earnings outlook for the rest of 2015. Remember that a …