How Did the Stock Market Do Today? Dow Jones: 16,204.83; -211.75;-1.29% S&P 500: 1,880.02; -35.43; -1.85% Nasdaq: 4,363.14; -146.42; -3.25% The Dow Jones Industrial Average today (Friday) fell 211 points after the U.S. Labor Department released a mixed jobs report for January. Tech stocks sank after LinkedIn
February 5, 2016
LinkedIn Plunges 43% Earlier today, in a strange twist of fate I exchanged emails with Georgetown University professor Salil Mehta regarding Facebook (FB). I replied to Mehta with a comment not regarding Facebook but rather regarding LinkedIn (LNKD): “Pray tell,
State Street has had a tremendous advantage in the exchange-traded fund world by being the first issuer of dedicated sector funds. Their highly successful SPDR sector series debuted in 1998 and has spent nearly two decades building a world-class reputation.
Spinoffs have historically been great investments, and right now a number of companies are feeling the pressure to break apart to unlock more value. These are the stories you should be buying and selling. With the S&P 500 now down
If the Chinese were intent on financial reform, and that meant trying perhaps the impossible task of a managed bubble deformation, the genesis of the idea was forged in the United States. China’s vast industrial machine was made to service
Nice economic recovery. Not. Stocks have fallen to key support. I still think the SP 500 is forming a symmetrical triangle or a bear flag with more downside to come, but we’ll have to see how next week goes. There
The Coca-Cola Company (KO – Analyst Report) is set to report fourth-quarter and full-year 2015 results on Feb 9, before the market opens. Last quarter, the company delivered a positive earnings surprise of 2.00%. In fact, the cola giant surpassed earnings estimates in
We have ended a busy week for equities with a mixed session for Asia and it was the Nikkei that was to spoil the party yet again! Closing the day down 1.3% this puts the Nikkei index return on the
Stocks ended the week lower, with the Nasdaq index the clear laggard, as a number of well-known tech stocks felt the brunt of the market pullback. The week was bookended by a strong report Monday night from Google parent Alphabet
Our benchmark S&P 500 ended the week with selloff in two waves. The index sank at the open and trended downward to a late morning low. It then traded sideways until a second wave of selling after the lunch hour
