Wall Street didn’t have a very good Monday. In fact, stock indexes were hit harder than they’ve been hit in the last month and a half. The reason? Investors are worried about the lack of growth in consumer spending.
One of the leading culprits for lowering the confident in consumer spending was Lowe’s. The home improvement giant released a second quarter report on Monday that came in low on both profit and revenue. As a result, Lowe’s stock dropped more than 10% and soured many investors.
Most stock indexes were down between two and three percent. The Dow Jones industrial average was …read more

Many investors were waiting for the Federal Reserve to weigh in on the current economic climate of the United States. After the Federal Reserve said that the nation’s economy is leveling out, that news was good enough to cause stocks to jump on Wednesday.
While the Federal Reserve “leveling out” comment doesn’t sound like high praise, it was actually about as good as could have been expecting. Many market experts thought that it was possible that the Federal Reserve could still say the U.S. is still looking for the bottom of the current economic hardship.
The major stock indexes were up between …read more

On Friday, the stock market showed more signs of improvement. With the stock indexes all on the rise, it is apparent that investors are really starting to feel confident.
The Dow Jones industrial average was up to 9,370.1 — a jump of more than 1%. The Nasdaq index was up almost 1.5% to finish Friday over, 2,000. The Standard & Poor’s 500 was up 1.3% to finish the week at 1,010.5. The best news was seen on the Russell 2000, which rose to 572.4 — a jump of more than 2.5%.
The most common reason given for the improvement on the stock …read more

The stock market didn’t have a good day on Thursday. Almost every major index was down. Investors obviously felt uneasy and it showed in the indexes.
The Dow Jones industrial average fell about 2.6% to finish at 8,280.7. The S&P’s 500 dropped 2.9% to land at 896.4. The Russell 2000 was down almost 4% to 497.2, while the Nasdaq index was down 2.7% and finished at 1,796.5.
Why did the stock market suffer? Many experts are pointing squarely at the unemployment numbers. The United States Labor Department said that more than 465,000 jobs were lose in the month of June. With experts …read more

On Friday on the stock market, the heavy action waited until late in the day. With the week and the month coming to an end, the stock market rose nicely. As a result, the stock market was up both on the day and for the month of May.
For the day, the Dow Jones jumped 1.2% to finish at 8,500.3. The Nasdaq was up 1.3% to 1,774.3, while the S&P’s 500 jumped 1.4% to end the day at 919.1. An index of smaller public companies, called the Russell 2000, was up nearly 2% to 501.6.
While May was a good month for …read more

A few weeks ago, the stock market was rising on a daily basis. Since then, it’s been up and down. Many market experts think that investors are a bit nervous because there is sentiment that there has been too much good news in a short amount of time. On Thursday, there was more evidence of fear and nervousness on Wall Street.
The Dow Jones industrial average was down 1.5% on Thursday to finish the day at 8,292.1. The Nasdaq index was down nearly 2% to finish at 32.6, while the S&P’s 500 fell to 888.2 after a 1.7% drop. A fourth …read more

The news on the stock market continues to be good. On Thursday, the Dow Jones industrial average finished at 7,978.1, a jump of nearly 3%. At one point during the day the Dow had actually gone over 8,000, however it soon dipped back under that mark. It was the first time the stock market had topped 8,000 since the second week of February.
Other indexes showed similar gains. The S&P’s 500 finished the day at 834.4, a rise of just shy of 3%. The Russell 2000 was up almost 5% to 450.2, while NASDAQ was up more than 3% to finish …read more