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The market has made impressive gains over the last couple of weeks, but the upward momentum seems to be losing steam as investors weigh inflation and earnings prospects.
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Solid gains in the equity markets have pushed the Dow Jones Industrial average into the black for the first time since March of this year.
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Solid gains in the equity markets have pushed the Dow Jones Industrial average into the black for the first time since March of this year. […]
Huge increases in the manufacturing sector, new home sales and consumer confidence are responsible for creating a buoyant backdrop for the financial markets that may well provide the much-needed follow through to bring Santa Claus to Wall Street.
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The end of the year upswing seems to be showing signs of resistance.
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The Federal Reserve raised interest rates, yet again, yesterday.
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The market is not delivering the big rally we have all come to hope for and expect as investors get into the buying mood at this time of year, even on Wall Street.
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An inversion in the yield curve sent the markets south in yesterday’s post-holiday trading session.
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Big news hit the major stock indices this week as the Dow Jones Industrial Average not only reached, but held onto, 11,000.
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