Stock Markets The major indexes were generally down due to the triple negative data reports released for the week. The Dow Jones Industrial Average (DJIA) fell by 1.24% and while its transportation and utilities averages rose, the total stock market slid by 0.77%. The broad S&P 500 Index lost by 0.80%, and the NYSE Composite […]
Category: Market Watch
Weekly Market Review – April 29, 2023
Stock Markets Major stock market indexes were mixed this week. The Dow Jones Industrial Average (DJIA) was up marginally by 0.86% week-on-week, mirroring the Total Stock Market index increase of 0.58%. The S&P 500 Index was on pace with the DJIA as it gained by 0.87% for the week, although the Nasdaq Stock Market Composite […]
Weekly Market Review – April 22, 2023
Stock Markets The stock markets moved sideways for the week which was dominated by first-quarter earnings reports and little market-moving economic news. Market volumes were particularly light which underscores the listless trading for the week. First-quarter earnings reports are still coming in, but once the remaining company results have been released, overall earnings for the […]
Weekly Market Review – April 15, 2023
Stock Markets Over the trading week, the benchmark indexes moved slightly higher as investors weighed slowing economic growth signals. The Dow Jones Industrial Average moved up by 1.2% for the week while the total stock market average inched up by 0.89% on the back of a 2.01% gain in the transportation sector that offset a […]
Weekly Market Review – April 8, 2023
Stock Markets Last week was marked by light and choppy trading due to a holiday-shortened trading week. U.S. markets were closed on Friday together with most of the other markets in the Americas, in observance of the Good Friday holiday and the Passover that started on Wednesday evening. Also noticeable was a slight pause by […]
Weekly Market Review – April 1, 2023
Stock Markets The equities markets ended a positive, albeit volatile, first quarter as weakness in banks was offset by strength in technology stocks. In the week just ended, all major stock indexes posted solid gains, offsetting the losses of the preceding weeks. The Dow Jones Industrial Average ended 3.22% higher and the total stock market […]
Weekly Market Review – March 18, 2023
Stock Markets The major indexes closed mixed for the week. According to the Wall Street Journal weekly tally, the Dow Jones Industrial Average dropped by 0.15%; in it, the transportation sector underperformed with a 3.07% loss, while the utility sector outperformed with a rise of 4.02% for the week. The broad-based S&P 500 Index managed […]
Weekly Market Review – March 11, 2023
Stock Markets The broad-based S&P 500 Index took a deep dive amounting to 4.55% of its value over the previous week as investors unexpectedly received more tough talk from Federal Reserve Chair Jerome Powell regarding their forthcoming monetary policy stance. Powell and his fellow policymakers had more work to do to cool down inflation and […]
Oracle stock falls following forecast as revenue disappoints
Fiscal third-quarter revenue falls about $30 million short of Street’s expectations
SK Innovation Shares Climb After New Battery Development
SK Innovation Co.’s shares climbed Friday after the South Korean energy company said it has developed new prismatic and other batteries for electric vehicles.
Dai Nippon Printing Shares Jump After Announcement of Big Buyback
Dai Nippon Printing Co.’s shares rose sharply Friday morning after the Japanese company announced a large share buyback and other steps to boost earnings and capital efficiency as part of a new mid-term plan.
Seven & I Shares Drop on Supermarket-Closure Plans
Seven & I Holdings Co. shares fell sharply Friday after the company said it will close some supermarket stores and exit the apparel business.