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  • Stocks in the US got off to a soft note on looming US government

    Stocks in the US got off to a soft note as investors focus on a potential looming US government shutdown. With the House holding the government hostage only willing to pass a continuing resolution if it is tied to the defunding of the Affordable Care Act, a potential shutdown of the government appears imminent. As

  • US stocks fall as budget debate takes centre stage

    Stocks of the world’s largest economy dropped for the sixth time in seven days, with the Standard and Poor’s 500 experiencing its first weekly drop since August, as concern about the prospect of a federal government shutdown mounted. The debate concerning how to handle the budget ceiling will head into the weekend after the Senate

  • Stocks Slide for 6th time in 7 sessions.

    Stocks in the US got off to a weak note, moving lower as fear permeated the capital markets. Trepidation over a potential shut down of the US government is continuing to gain momentum as the House Republicans and the Administration are far away from a deal. Implied volatility continues to remain relatively low which is

  • Nike Beats On European Strength
    Stock market » Nike Beats On European Strength
    Finances - September 28, 2013, 15:07 GMT

    Despite a weak finish to the week, with the broad market sinking lower by half a percent, shares of Nike (NYSE:NKE) traded to yet another all time high on Friday. On Thursday the company reported a strong first quarter in which both revenues and earnings moved sharply to the upside. The Oregon based athletic company

  • Stocks Avoid 6th Straight Losing Session
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    Stocks Avoid 6th Straight Losing Session

    September 27, 2013, 09:33 GMT

    US stocks started the trading session off on a positive note, as yields on the US continue to move lower making stocks more attractive.  On Wednesday the S&P 500 notch up a 5th straight losing session, which weighted on investors sentiment.  Economic data in the US continued to show modest results.  The final look at

  • Stocks climb back as jobs report overshadows budget debate

    US stocks ended their worst losing streak in nine months after jobless benefits unexpectedly dropped last week, overshadowing a budget stalemate that could result in a government shutdown next month. Fewer Americans are filing for jobless benefits these days, according to a weekly report from the Labor Department. Unemployment claims fell 5,000 last week, sending

  • Stocks Slide, Blackberry Remains in the Headlines

    Stocks started the trading session off on a mixed note with the Nasdaq continuing to outperform the S&P 500 index and the Dow Industrial Average.  Three news stocks were added to the Dow Industrials on Monday, replacing some old standbys.  As of September 23, Goldman Sachs (NYSE:GS) , Visa (NYSE:V) and Nike (NYSE:NKE) will join the

  • US stocks decline on lingering budget vote
    Stock market »

    US stocks decline on lingering budget vote

    September 25, 2013, 19:11 GMT

    US stocks fell for the fifth straight session as market participants weigh the ongoing debt ceiling debate that threatens to shutdown the federal government in October. Treasury Secretary Jacob Lew said the government will have exhausted its borrowing authority by October 17 should Republicans and Democrats fail to reach a resolution on how to fund

  • Wall-Mart Rumors Drag Stocks Lower
    Stock market »

    Wall-Mart Rumors Drag Stocks Lower

    September 25, 2013, 19:01 GMT

    Stocks in the US started the session mixed despite slightly better than expected economic data.  The S&P 500 index had declined for 4 straight trading sessions, and at the open threatened a 5th. Technology stocks continue to be the best performing sector with Facebook (NASDAQ:FB) leading the charge higher.  European stocks were under pressure despite

  • US stocks fall on lingering concerns
    Stock market » US stocks fall on lingering concerns
    Finances - September 24, 2013, 20:02 GMT

    US stocks posted a soft rally after US President Barrack Obama seemingly opened the door to future dialogue with the Islamic Republic of Iran, easing tensions over escalating violence in the Middle East. The rally was short-lived, however, as lingering concern over the budget ceiling debate and federal stimulus weighed on market participants. In a