Archive | Market Update

Initial Jobless Claims Decrease Most In 10 Years – Market Update

The week in which Easter falls may be at play in a stunning 32,000 drop to 300,000 in initial jobless claims. This is the largest drop in more than 10 years.

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Valentine’s Day Was a Good One for Stocks – Market Update

The Dow Jones Industrial Average jumped 127 points Friday, while the S&P 500 and the NASDAQ also increased. The S&P 500 and the Dow gained more than 2% for the week. The NASDAQ added nearly 3% for the week.

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Valentine’s Day Was a Good One for Stocks – Market Update

The Dow Jones Industrial Average jumped 127 points Friday, while the S&P 500 and the NASDAQ also increased. The S&P 500 and the Dow gained more than 2% for the week. The NASDAQ added nearly 3% for the week.

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Stocks Rebound After Slow Start to 2014 – Market Update

After a slow start to the year, there was finally good news on the stock market front. The Dow Jones Industrial Average jumped 160 points Friday, while the S&P 500 and NASDAQ also increased. While stocks wound up finishing the week positively, the Dow is still down nearly 5% this year.

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First Month of the Year a Tough One for Stocks – Market Update

Stocks dropped sharply during January. The Dow Jones Industrial Average fell more than 5%, ending its worst January since 2009. The S&P 500 dropped more than 3%, while the NASDAQ suffered a 2% loss.

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Markets Closed in Observance of Dr. Martin Luther King, Jr. Day – Market Update

Today, markets are closed to observe Dr. Martin Luther King, Jr. Day. We encourage everyone to participate in this national day of service.

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Mortgage Rates Changed Little Amid Week of Light Economic Reports – Market Update

The jobs report was the most noteworthy release of the week. The economy added only 74,000 jobs in December, well below the 193,000 that economists had forecasted.

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Stocks Begin 2014 Slow – Market Update

Stocks started off 2014 with mixed results at best. The Dow Jones Industrial Average rose slightly Friday, while the S&P 500 and Nasdaq both added to Thursday’s 1% declines. Some of the decline can be attributed to a major snowstorm in the Northeast that kept traders away and the end of the holiday-shortened week.

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Jobless Claims Fall as New Year Approaches – Market Update

Initial jobless claims fell to 338,000 in the week ending December 21, from a revised 380,000 in the previous week. The Labor Department is stating that difficulty in adjusting data during the holiday season is the likely reason for volatility in claims for the last two months of the year.

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U.S. Home Builder Sentiment Resumes Upward Push in December – Market Update

The National Association of Home Builders index of U.S. home builder sentiment rose to 58 in December, a stronger reading than the consensus expected.

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