SmarTrend Market Close Wrap-Up -- February 9th, 2012
The major US equity indices closed higher Thursday on positive economic news and a huge settlement deal with big banks. US States have finally reached a deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred back in 2008. The $25 billion settlement would reduce loan...
SmarTrend Market Close Wrap-Up -- January 13, 2012
The major US equity indices closed lower Friday as the S&P downgraded a number of European sovereigns, including France. The futures dropped during the pre-market trading session following rumors of an S&P downgrade of the euro zone nations. In corporate news, Eastman Kodak (NYSE:EK) is currently...
SmarTrend Market Close Wrap-up -- February 2, 2012 (DJI,INX,IXIC)
Today is Thursday February 2nd, 2012 and this is your market close wrap up. US equity indices closed mixed Thursday as 367000 jobless claims were reported, versus the expected 317000. There were 3.4 million continuing claims, versus the expected 3.53 million. In corporate news, shares Green Mount...
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SmarTrend Market Close Wrap-Up - February 17, 2012 (DJI,INX,IXIC)
Themajor US equity indices closed mixed Friday as investors earlier today paused ahead of a long weekend that could potentially feature market-moving news from Europe. While Bloomberg Businessweek reported that GM (NYSE:GM) says there will extra costs cuts for its distressed unit in Europe after ...
SmarTrend Market Close Wrap-Up -- April 20, 2012 (DJI,INX,IXIC)
The major US equity indices closed mixed Friday after a two day losing spell. The markets overall were in positive territory for the week on mixed corporate earnings and concerns over the Eurozone Big news in the corporate world as earnings season continues. Dow component General Electric shares ...
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SmarTrend Market Close Wrap-Up -- April 30, 2012
The major US equity indices closed lower Monday on the last day of trading in April, with the Dow Jones having its longest seven-month winning streak since 2007. This as the commerce department reports consumer spending and a slew of more corporate earnings. The Commerce Department released its c...
SmarTrend Market Close Wrap-Up -- April 9, 2012 (DJI,INX,IXIC)
The major US equity indices closed lower Monday, falling about 1% and staying red for most of the day. The drop came in response to Friday's March jobs report which showed less growth than analysts expected. However some big news in the corporate world today, Facebook announced it purchased popul...
SmarTrend Market Close Wrap-Up -- March 30, 2012
The major US equity indices closed mixed Friday after a positive report on consumer spending and an announcement the Euro Zone with get more money in their rescue fund. The Commerce Department reported today consumer spending rose 0.8%, the largest gain in seven months. This is more than expected...
SmarTrend Market Close Wrap Up -- February 13, 2012
The major US equity indices closed higher Monday on news Greece has approved austerity measures and President Obama has released a new budget proposal. Greek parliament passed new austerity measures today that will hopefully give the country funds to avoid default. The vote was 199 to 74 just pas...
SmarTrend Market Close Wrap-Up -- February 14, 2012
Themajor US equity indices closed mixed Tuesday after being in the red for most of the day. The losses came early after a disappointing increase in retail sales which caused investors to worry about US economic growth. The Commerce Department reported Tuesday retail sales rose a seasonally adjust...
SmarTrend Market Close Wrap-Up -- November 28, 2011
The major US equity indices closed higher Monday after stocks rose after the big holiday shopping weekend. The New York Times reported that the National Retail Federation said, that spending per shopper jumped 9.1% last weekend compared with 2010. That was the largest increase since 2006 with spe...
SmarTrend Market Close Wrap-Up -- December 8, 2011
The major US equity indices closed lower Thursday as investor worries over Europe overshadowed positive economic data. European Central Bank head Mario Draghi announced Thursday government bond purchases are limited to enacting monetary policy, making investors worry a solution for the debt crisi...
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SmarTrend Market Close Wrap-Up -- December 14, 2011 (DJI,INX,IXIC)
Themajor US equity indices closed lower Wednesday after gold fell nearly 5% as concerns over Europe still keep the market in the red. Gold fell below the $1600 level for the first time in nearly three months, settling in at $76.20 an ounce. The decline blew the yellow metal past some long-held te...
SmarTrend Market Close Wrap-Up -- December 13, 2011 (DJI,INX,IXIC)
Themajor US equity indices closed lower Wednesday after opening slightly higher and riding the flat line for most of the session. In economic news, the Federal Reserve announced today that it will keep interest rates at near-zero levels citing recent signs of improvement in the economy. The Fed's...
SmarTrend Market Close Wrap-Up -- May 3, 2012
"Themajor US equity indices closed lower Thursday ahead of the Labor Department's jobs report on Friday which investors believe could will bring bad news for economic growth. Breaking news at the end of the trading session, Facebook announced plans for its IPO, saying it will sell 180 million sha...
SmarTrend Market Close Wrap-Up -- November 14, 2011
Themajor US equity indices closed lower monday as investors continued to be cautious with the political transitions in Italy and Greece still unfolding. In an interview with CNBC Monday morning, Warren Buffett, Chairman & CEO of Berkshire Hathaway (NYSE:BRK.A) disclosed that his firm holds a 5.4%...
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- Tags: Berkshire Hathaway BRK Bank of America BAC Lowe's LOW Urban Outfitters URBN business finance investing stock trading news analysis
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