Mindblown: a blog about philosophy.
-
US Stocks Join Global Market Rally
U.S. stocks soared early Tuesday to step into a third straight day of gains as hopes Europe will act to tackle the region’s debt crisis sparked further buying. The Dow Jones Industrial Average lately gained 245.94 points, or 2.23%, to 11,289.80. The S&P 500 Index added 25.81 points, or 2.22% to 1,188.76 and the Nasdaq…
-
Stocks Surged on Europe Hopes
U.S. stocks surged to finish near the highest levels of the day Monday spurred by hopes that European policymakers were coalescing around a new plan to keep the sovereign debt crisis from spreading. The Dow Jones Industrial Average rose 272.38 points, or 2.53%, to 11,043.86. The S&P 500 ended up 26.52 points, or 2.33%, to…
-
Stocks Mixed as Europe Outlook Impoved
Stocks were mixed in early trading Monday amid optimism that euro zone policymakers were putting together new measures to help solve the debt crisis. The Dow Jones Industrial Average lately climbed 27.62 points, or 26%, to 10,799.10 points. The S&P 500 index fell 2.47 points, or 0.22% , to 1,133.96 and the Nasdaq Composite was off 29.54 points,…
-
What is Commodity Channel Index (CCI)?
The Commodity Channel Index (CCI) is an oscillator originally introduced by Donald Lambert in an article published in the October 1980 issue of Commodities magazine (now known as Futures magazine). Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in…
-
Stocks Gain Friday on a Grim Week
U.S. stocks closed modestly higher in a choppy session Friday, but ended sharply lower for the week amid ongoing worries over a global slowdown. The Dow average ended up 37.65 points, or 0.35%, at 10,771.48. For the week, the blue-chip index lost 6.4%. The S&P 500 rose 6.87 points, or 0.61%, to 1,136.43 points Friday,…
-
Stocks Mixed After Global Sell Off
U.S. stocks were mixed in early trading Friday with Wall Street on alert for indications policy makers would take additional steps to bolster the global economy. The Dow Jones Industrial Average lately fell 5.45 points to 10,728.38. The S&P 500 Index was up 2.97 points to 1,132.53. The Nasdaq Composite rose 9.49 points to 2,465.16.…
-
Stocks Tumbled on Global Fears
U.S. stocks closed sharply lower on Thursday, amid widespread selling of stocks and commodities on escalated fears about the global economy. The Dow average lost 391.01 points, or 3.51%, to 10,733.83. The S&P 500 fell 37.20 points, or 3.19%, to 1,129.56. The Nasdaq Composite lost 82.52 points, or 3.25%, to 2,455.67. Employing in-your-face politics, President…
-
Stocks Sharply Lower on Gloomy Fed Outlook
U.S. stocks were sharply lower at Thursday’s start, with investors picking up on the Federal Reserve’s gloomy outlook on the economy. Downbeat economic data from China and the euro zone also weighed on investor sentiment. The Dow Jones Industrial Average lately fell 372.13 points to 10,752.71. The Standard & Poor’s 500 Index declined 38.30 points…
-
Best US stocks of Sep 21: NLSN, SKUL, STKL
NYSE: NLSN (Nielsen Holdings N.V.) NYSE: NLSN (Nielsen Holdings N.V.) has closed at $28.59, and its traded Volume was 1313.9K shares, NLSN opened the Day at $27.67, it made an intraday Low of $27.5012, and an intraday High of $28.72. Price and Moving Averages analysis: NLSN’s close price is above its Short term moving average,…
-
Stocks Slammed Down after Fed Offered No Surprises
U.S. stocks dropped sharply Wednesday, with the major indexes notching deep losses in the last hour of trading, after the Federal Reserve again moved to lower interest rates on consumer loans and noted “significant downside risks” to the economic forecast. The Dow Jones Industrial Average lost 283.82 points, or 2.49%, to 11,124.84. The S&P 500…
Got any book recommendations?