This week looked extremely promising for investors. On Thursday, stocks seemed very profitable, but until Friday everything changed. This left a bit of a sour note, especially since stocks for the Dow became lower than how they were at the beginning of the week. Also, record highs that the S&P 500 had been achieving during the week were completely erased. Ultimately, the changes on Friday … [Read more...]
Dow and S&P 500 post new closing highs after ISM correction
The Dow and the S&P 500 recovered from earlier losses by inching higher late Monday afternoon after a closely watched read on U.S. manufacturing was revised to show more strength than initially indicated. While the Dow was up 0.1 percent, the S&P 500 was up fractionally at 3:09 pm on Monday. The Nasdaq composite was recorded 0.2 percent lower. It is noteworthy, there had been lots of … [Read more...]