Daily Data Flow
Daily Data Flow: U.S. Stocks Drop; Canadian Dollar; Gold & Oil
U.S. Stocks Drop as House Republicans Cancel Vote (Bloomberg) U.S. stocks sank, paring the weekly gain in the Standard & Poor’s 500 Index, after House Republican leaders canceled a vote on higher taxes for top earners, sending budget talks deeper into turmoil. “With such a staunch group in the House, it looks as if the […]
Daily Data Flow: U.S. Stocks Advance; Manufacturing Jobs in the South; Dollar Strong against Yen
U.S. Stocks Advance as Boehner Vows to Work With Obama (Bloomberg) U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from its biggest drop in five weeks, as House Speaker John Boehner said he expects to keep working on a budget plan with President Barack Obama. “The market continues to be driven by […]
Daily Data Flow: Stocks down from Negotiations; Mortgage Rates Spook Housing; GM Buys Back Shares
U.S. stocks fell, pulling the Standard & Poor’s 500 Index (VIX) down from a two-month high, as ongoing federal budget negotiations fueled concern that automatic tax increases and spending cuts will be triggered.
Daily Data Flow: Stocks Rise on Negotiation Optimism; Apple’s Future; Cold Weather Drives Apparel Sales
U.S. Stocks Advance Amid Optimism on Budget Negotiations (Bloomberg) U.S. stocks rose, extending an eight-week high for the Standard & Poor’s 500 Index, amid signs of progress in efforts by President Barack Obama and Republicans to reach agreement on a new budget. Philip Tasho, chief investment officer at Alexandria, Virginia-based Tamro Capital Partners LLC, which […]
Daily Data Flow: Stocks Rise, ‘Fiscal Cliff’ Drama Continues; Gold near $1,700
U.S. stocks advanced, sending the Standard & Poor’s 500 Index to the highest level since October, as investors weighed prospects for a budget deal in Washington.
Daily Data Flow: U.S. Stocks Drop; Fixed Income Dangers; Japanese Stocks on High
U.S. stocks fell, halting a six-day rally in the Standard & Poor’s 500 Index, as the standoff in federal budget negotiations overshadowed a drop in jobless claims and growth in retail sales.