Historically and on average, the U.S Markets have been up about 58% of the time or more on the day of Veterans' Day. The S&P has averaged best of the major indices on the day of Veterans' Day, up an average of 0.1% and up 64% of the time.
Stocks opened higher Wednesday as the dollar fell to its lowest level in 15 months and economic data out of China was strong.
Stock index futures pointed to another higher open on Wall Street Wednesday as the dollar hit a new 15-month low after Federal Reserve officials reinforced the view that rates will remain low for some time.
The Dow eked out a gain Tuesday in light, choppy trading following Monday's rally. Health-care, utilities and materials were the best-performing sectors.
Stocks opened slightly lower Tuesday as investors took a breather after Monday's rally — but it was a short-lived breather with stocks bouncing back within the first hour of trading.
Last Friday's employment report from the US Bureau of Labor Statistics showed that the unemployment rate is now at 10.2%, its first foray above 10% and its highest level since 1983. What lessons, if any, can we get from what happened to the markets when unemployment soared back then?
Futures indicated a slightly lower open for the U.S. stock market on Tuesday amongst mixed reports from corporates on earnings, outlook and employment and ahead of the Veterans Day.
Th e Dow rallied to a new high for 2009 after the Group of 20 pledged to keep stimulus in place until recovery was assured.
Stocks rallied Monday, coming off their best weekly performance in a month, after the Group of 20 pledged to keep stimulus in place until recovery was assured.
This weekend, the US House of Representatives passed its version of health care reform and now awaits a version from the Senate. The debate has been heating up since earlier this summer when President Obama was pushing for legislation before the summer recess. Here are the biggest S&P Health Care gainers and losers over while the debate has waged on.
Wall Street opens the new trading week coming off its best weekly performance in a month, with U.S. stock index futures pointing to a modestly positive opening Monday.
Stocks bounced around Friday as investors juggled a disappointing jobs report and some analyst upgrades. Still, all three major indexes were on track to post gains for the week.
What's the correlation between jobs and the market? Is it a scary trend when stocks are going up as the jobless rate hits its highest point since 1983?
On a week where the Dow closes above 10K, gold tops $1,100 and unemployment hits 10.2%, the markets shrug off negative data to end the week up over 3%.
The Fast Money crew likes Wal-Mart, even more so after a recent breakout from a triangle formation — a very bullish indicator for the retailer.
Stocks bounced around Friday as investors juggled a disappointing jobs report and some analyst upgrades.
Which has happened more often - the Yankees winning the World Series or the Dow crossing above 10,000?
There's little doubt about what investors are focused on this morning: the October employment report, set for release at 8:30 am New York time.
The latest overall job loss numbers showed a loss of 190,000 jobs in September and the unemployment rate rose to 10.2%, the highest unemployment rate since April 1983. The August and September numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
The current market rally will stop in the next few days, a correction of at least 3 weeks will follow, but stocks will rebound and finish high in 2010, independent trader Bill McLaren said Friday.