The Dow and S&P have been down for 5 consecutive days. They are up for the 1st time in 6 sections with solid gains of 1.25% and more. The NASDAQ
NASDAQ
The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass
The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass
Read this Term index has been able to eke out small gains on a couple days this week. It is also up about 1.3% in early trading.
The gains come despite decent retail sales data this morning. Fed's Bullard did not necessarily endorse hundred basis point at the next meeting but did increases end of year target to 3.75% from 3.5% previously (which could be spread out into the year end).
A snapshot of the market currently shows:
- Dow industrial average up 378 points or 1.22% at 31002
- S&P up 45.4 points or 1.2% at 3835.34
- NASDAQ index up 145 points or 1.31% at 11397.50
- Russell 2000 up 19.39 points or 1.14% at 1726.89
Industrial production was weaker for the month of June this morning at -0.2% vs. 0.1% estimate. At 10 AM, business inventories are expected to rise by 1.3%. The University of Michigan sentiment index for July (preliminary) is expected to dip to 49.9 from 50.2 last month. One year inflation
Inflation
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Read this Term expectations came in at 5.4% last month. The current conditions index is expected 52.5 from 55.4 last month. The expectations index is expected at 47.0 vs. 46 point last month.
