Business & Real Estate

Skittish market calms down

U.S. stocks closed higher last week, up 1 percent and recovering most of the ground they lost last summer. The majority of the market’s rally occurred Thursday, when hedge funds began to cover short positions.

With improving consumer sentiment and no interest-rate hike from the U.S. Federal Reserve this year, the market looks enticing for investors. But we still haven’t left behind the volatility the market experiences periodically.


Dow rides high for now

The Dow Jones industrial average surged 3.7 percent to 17,084.49 last week, extending its rebound rally after six sessions in the doldrums. Stocks rose eight of nine recent trading sessions, and the Nasdaq also increased 2.6 percent for the week.


It's a spooky time for market

The past month’s volatility – which resulted in the worst quarter for U.S. stocks in four years – shows no sign of abating. In the three months ending in September, the Dow Jones industrial average sank 7.58 percent, or 1,334.81 points.


Prepare for 3Q earning season

The Dow Jones industrial average was up more than 110 points Friday, but the market became mixed as investors processed U.S. Federal Reserve Chairwoman Janet Yellen’s recent remarks about a possible interest-rate hike by year’s end.


Look for more stock uncertainty

U.S. Federal Reserve officials opted not to hike interest rates last week, citing global uncertainty and market volatility concerns. Investors, however, were looking for clarity.


Investors await Fed's move

The Dow Jones industrial average closed up 2 percent last week, but investors anxiously await the U.S. Federal Reserve’s policy meeting, scheduled today and Thursday. Investor anxiety has risen because of the impending decision on whether to raise short-term interest rates.

Jeffrey Yoakum of Pacific Wealth Advisors in Palo Alto noted that the Beige Book – a qualitative assessment of the U.S. economy and the 12 Federal Reserve Districts – suggests that the U.S. economy is still growing at or above its long-term trend.


Investors still on edge

The volatile stock market regained ground Thursday, but with concerns over a bleak Chinese manufacturing report, U. S. stocks began to slump again Friday.


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