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The S&P 500 and Dow index broke 8 days of consecutive gains on Friday, after an economic report showed consumer sentiment in August dipped to a 4-month low. Despite of Friday's slight pull-back, all major US indexes are on track to close up 2.5% or greater for the month.
Dividend yields in the Dow index are down about a quarter of a point since early June and 165 basis points since early March, as equity markets continue to trend higher, pushing yields lower. Here is a look at the dividend yields of all 30 Dow components:
On a volatile week that ended with Fed Chairman Bernanke stating that the US economy is nearing recovery, positive housing data, and oil hitting 10 month highs; the Dow, S&P and NASDAQ once again close at new highs for 2009, and end up about 1.8% or better for the week.
Compared to an average short interest of 2.2% for all Dow components, bets against these three companies stand at around 8%.
Chemical maker DuPont said Thursday its chief financial officer will move to a new role as the company consolidates 23 businesses into 14, as part of an effort to capitalize on global growth opportunities to drive profitability and sales.
On a week where the US markets once again hit new highs for 2009, and the 4th consecutive week of gains helped by the better-than-expected jobs report, the major indexes are all up about 2% or greater for the week, except for the NASDAQ which ended up only about 1% for the week.
The U.S. Dollar continues its slide, with the Dollar Index falling to its lowest levels since the end of September. Capitalizing on this dollar weakness are commodities.
US markets hit the highest levels of 2009 enforcing a summer rally, and turned in the best July since 1989 for the Dow, and 1997 for the S&P and Nasdaq. Additionally, July was the best monthly performance for the Dow since October, 2002, and April, 2009 for the S&P and Nasdaq.
Stocks rallied Thursday, logging the highest close since November, despite a late-afternoon pullback.
Dividend yields in the S&P 500 are down since late June, as a 6% rally for the US equity index this month has pushed yields lower, and companies remain cautious about increasing their dividend payouts.
All the major US indexes were up 4% or greater for the week, after closing roughly flat for the day on Friday. The Dow crossed and remained above 9,000 on Friday, posting its best 2-week percent gain since late March 2000.
A late rally pushed stocks higher Tuesday following better-than-expected earnings from several Dow components. The Dow logged its seventh-straight gain, the Nasdaq, it's tenth.
The Dow advanced Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.
Think of Wall Street as an obese person trying to find a healthy lifestyle. Then you'll begin to understand second-quarter earnings this year.
The trend continues: earnings beat, but revenues light. But that's good enough: stock futures are popping on the news. Why? Two reasons.
Chemical company DuPont reported a sharp fall in quarterly net income Tuesday, citing weak sales, restructuring charges and the adverse impact of currency exchange rates.
The Dow bolted out of the gate Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.
Last night on CNBC Reports, I ran a stock screen on 150 companies scheduled to report earnings between today and Friday. Here are the 11 companies that came up and deserve a deeper look.
Futures indicated a slightly lower open for Wall Street Tuesday ahead of a slew of earnings and Federal Reserve Chairman Ben Bernanke's Capitol Hill testimony.
As investors brace for a rollercoaster ride during the second-quarter earnings season, the dollar's weakness in the last three months could have played a key role for some multinational companies.