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Global markets remained unsettled with continuing news out of Libya of heightened unrest. While the market was closed Monday for Presidents Day, that didnt stop Mideast turmoil which gave traders an excuse to sell into Tuesday. After a day of heavy trading the Dow Jones Industrial Average fell 178 points.While the large oil company components …
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The markets rallied back to erase recent losses and then some. The week ended on a positive note for all the major indices. While the Dow was unable to close Friday at a two and one half year high it was able to hit that target early in Fridays trading. No April fools!
After a …
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The markets rallied back to erase recent losses and then some. The week ended on a positive note for all the major indices. While the Dow was unable to close Friday at a two and one half year high it was able to hit that target early in Fridays trading. No April fools!
After a …
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News of the disaster in Japan hit the markets with fears of a nuclear disaster at Japans nuclear power facilities as well as a soaring yen rattling the currency markets. While the original affect on markets were centered around the rebuilding trade the prior Friday, this week brought concerns surrounding the impact globally of the …
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The markets rallied back to erase recent losses and then some. The week ended on a positive note for all the major indices. While the Dow was unable to close Friday at a two and one half year high it was able to hit that target early in Fridays trading. No April fools!
After a …
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The broader markets gained modest ground this past week with the Dow up 0.3%, the NASDAQ inched up 0.1% and the S&P 500 increased slightly by 0.1%. A few notable events that caught our attention were hawkish comments from European Central Bank President, Jean-Claude Trichet, insider trading charges against former Goldman and Procter & Gamble …
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The U.S. markets were able to shrug off international and domestic political discourse and rose for the third consecutive week. Fears of inflation continued to haunt the markets, but rising oil and food prices were overlooked. Commodities rallied Monday and gave a boost to energy giants, Exxon and Chevron which rose 2.5% and 1.3%, respectively. …
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The broader markets gained modest ground this past week with the Dow up 0.3%, the NASDAQ inched up 0.1% and the S&P 500 increased slightly by 0.1%. A few notable events that caught our attention were hawkish comments from European Central Bank President, Jean-Claude Trichet, insider trading charges against former Goldman and Procter & Gamble …
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Earnings during the week were mixed and the Dow Jones Industrial Average was on the vergeof a close above 12,000, while the S&P 500 Indexflirted with 1300 until geopolitical issues in Egypt and poor earnings from Ford Motor and Amazon reversed themarket on Friday.
On Monday the DJIA jumped 109 points on the back of positive …
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Overall the banks and thrifts outpaced the broader markets in trading this past week. The S&P 500 rose 1.4% to close at 1,329, while the SNL Bank & Thrift Index rose 2.9%. With much celebration, Mr. Mubarak resigned as President of Egypt. On the M&A front, NYSE Euronext and Deutsche Borse are in merger discussions; …
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