Econ #s

Market Wrap for Tuesday, May 21: Stocks Record Modest Gains Ahead of Bernanke Testimony

Scott Rubin — Tue, 21 May 2013 20:20:00 +0000

U.S. stocks staged a modest rally on Tuesday ahead of Congressional testimony from Federal Reserve Chairman Ben Bernanke on Wednesday.

The expectation that the central bank will continue to lend support to the ...

Mid-Afternoon Market Update: Markets Look to be Closing Higher For the 19th Strait Tuesday

Jake L'Ecuyer — Tue, 21 May 2013 19:59:37 +0000

Toward the end of trading Tuesday, the Dow traded up 0.47 percent to 15,407.31, while the NASDAQ rose 0.28 percent to 3,506.98. The S&P was also up, gaining 0.30 percent to ...

Mid-Day Market Update: Navios Maritime Jumps On Upbeat Results, iGATE Drops

Jake L'Ecuyer — Tue, 21 May 2013 16:54:52 +0000

Midway through trading Tuesday, the Dow traded up 0.20 percent to 15,365.31, while the NASDAQ rose 0.04 percent to 3,497.98. The S&P was also up, gaining 0.08 percent to 1,667.54.

Top ...

Mid-Morning Market Update: Markets Open Higher, Home Depot Profit Beats Estimates

Jake L'Ecuyer — Tue, 21 May 2013 15:00:53 +0000

Following the market opening Tuesday, the Dow traded up 0.36 percent to 15,390.13, while the NASDAQ rose 0.17 percent to 3,502.38. The S&P was also up, gaining 0.30 percent to 1,671.30.

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The Top 10 Notable Quotes from Apple's Senate Statement

Tim Parker — Tue, 21 May 2013 12:35:53 +0000

On Tuesday, Apple (NASDAQ: AAPL) CEO Tim Cook will testify before a Senate subcommittee.

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Benzinga Market Primer: Tuesday, May 21

Tim Parker — Tue, 21 May 2013 10:35:00 +0000

Although far from anything resembling a correction, the markets ended Monday’s trading session barely in the red on the back of a weak dollar and gold that started the day sharply lower but rebounded.

Tuesday, traders will ...

Market Wrap for Monday, May 20: Stocks Record Very Minor Losses; Greenback Falls Versus Euro

Scott Rubin — Mon, 20 May 2013 20:25:45 +0000

The U.S. stock market fell on Monday in a quiet trading session. The losses, however, were very minor and the sharp uptrend in equities continues to look intact.

Nevertheless, traders and investors will be on the lookout for ...

Mid-Afternoon Market Update: McEwen Mining Rises as Commodities Turn Green

Jake L'Ecuyer — Mon, 20 May 2013 19:34:38 +0000

Toward the end of trading Monday, the Dow traded down 0.03 percent to 15,349.64, while the NASDAQ rose 0.01 percent to 3,499.69. The S&P was also up, gaining 0.02 percent to ...

Mid-Day Market Update: Markets Edge Higher, Team Drops On Q4 Earnings Outlook

Jake L'Ecuyer — Mon, 20 May 2013 16:33:27 +0000

Midway through trading Monday, the Dow traded up 0.20 percent to 15,385.64, while the NASDAQ rose 0.28 percent to 3,508.69. The S&P was also up, gaining 0.29 percent to 1,672.29.

Top Headline
Yahoo! (NASDAQ: YHOO) ...

Thailand ETF Embodies New World Order

ETF Professor — Mon, 20 May 2013 16:23:01 +0000

In theory, it should not be good news for a high-flying emerging markets ETF when the market tracked by the fund reports first-quarter GDP growth that was 2.2 percent below what was seen in the fourth quarter. ...

Mid-Morning Market Update: Markets Fall, Yahoo To Acquire Tumblr

Jake L'Ecuyer — Mon, 20 May 2013 14:43:20 +0000

Following the market opening Monday, the Dow traded down 0.16 percent to 15,329.97, while the NASDAQ fell 0.05 percent to 3,497.34. The S&P was also down, dropping 0.15 percent to 1,664.99.

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The Nikkei Hits New High – Here's How to Play the Rally

Tim Parker — Mon, 20 May 2013 14:05:45 +0000

It’s a story as old and sadly, as ordinary as the U.S. equity market performance of late and equally as sad-or interesting-or mundane-or expected, is that it’s happening for the same ...

Benzinga Market Primer: Monday, May 20

Tim Parker — Mon, 20 May 2013 10:33:27 +0000

It’s Monday and the S&P 500 is, again, sitting at an all time high of 1,667.47. CNBC predicted that the bulls will keep control this week but the market will listen for any sign ...

A Look Ahead: This Week's ETFs to Watch

ETF Professor — Sun, 19 May 2013 23:56:46 +0000

Sell in May and go away? Try again next year.

After last week's gains, the S&P 500 is sitting on a 4.4 percent gain for the month heading into Monday's trading session. The benchmark U.S. index ...

Presidential Visit Puts Myanmar Investment Theme in Spotlight

ETF Professor — Sun, 19 May 2013 15:11:48 +0000

Six months after President Barack Obama visited Myanmar, that country's president, Thein Sein, will visit the White House.

Sein's visit to Washington, D.C. marks the first such visit by a leader from the Southeast Asian nation in nearly five ...