For this Green Week ending, April 25, 2008 the US Markets ended the week slightly to the upside driven by a comeback in the dollar, a streak of records for crude oil, better than expected jobless claims, 26-year low consumer sentiment, surprise earnings, and a 10 point victory for Hillary Clinton in the Pennsylvania Democratic primary.
Oil prices edged higher but couldn’t march past the psychologically important $120 / barrel mark. Is this trend at an end?
For the week ending Friday, April 18, 2008 the US Markets ended the week rallying on earnings news. The Dow had its best week since Feb 1 and rallied 256.8 points on Wednesday and another 228.87 points on Friday, for its biggest point gains since April 1st.
For the week ending Friday, April 11, 2008 the US Markets ended the week in negative territory. There was not a lot of movement in the markets for most of the week, as the major indices traded on a mix of news including same store sales, record highs in oil, flight cancellations from major airlines, and disappointing first quarter results from Alcoa (AA). The markets tumbled on Friday on General Electric's (GE) disappointing earnings.
The Dow, NASDAQ and the S&P 500 are all negative for the week fueled by GE's almost 13% decline on Friday.
Don't buy into this idea that the great gold run is over, Cramer says. It's just taking a breather.
Considering the current run, how likely is it that gold and other commodities can go even higher?
A floor trader who served on the board of the New York Mercantile Exchange agreed to serve five months in prison Tuesday after pleading guilty to fraud and evidence tampering related to commodities trading.
Thank goodness Q1 is over! Here's a summary of month-end and Q1 stats for stocks, commodities and currencies...
A look at the data and happenings that shaped the first quarter for European businesses and markets.
The major U.S. indexes were a mixed bag this week, all close to flat, commodities halt their record setting pace, and the US dollar manages to hold its ground against most major currencies.
Investors might be suffering commodity whiplash as crude oil and gold rebound after last week's washout. How do you trade a market this volatile?
Financials led European markets higher, but how do you play a rally with little substance to it?