Oct 29, 2012 | Banking and Finance
Domestic equity markets are closed today (fixed-income markets close at noon ET), as Hurricane Sandy – the largest Atlantic storm on record to approach the northeast seaboard, prompted a regional evacuation and sand-bagging at the NYSE. Should the 900-mile...
Jul 25, 2012 | Banking and Finance
U.S. Home Sales Post Surprise June Decline. Sales of newly-constructed homes declined by 8.4% in June to an annualized rate of 350,000, missing the consensus forecast for 372,000. The decline was led by a 60% record high sales plunge in the northeast...
Jun 26, 2012 | Banking and Finance
The S&P 500 opened modestly higher as investors welcomed a smaller-than-expected annual decline in home prices, sending homebuilder company shares sharply higher. Equities pared early gains after a reading of consumer confidence fell to a five-month low,...
Jun 18, 2012 | Banking and Finance
In spite of the come-to-be-expected volatility last week, stocks were generally up, with the S&P 500 higher 1.3% for the period. The primary theme continued to be the tough situation in Europe, so Friday’s surge upward appeared to be supported by investor...
Jun 4, 2012 | Banking and Finance
U.S. stocks are extending losses after the latest economic data showed factory orders fell in April for a second month, adding to evidence that U.S. economic growth is slowing. The S&P 500, the U.S. benchmark equity index is now down 10% from its 2012 peak...
