Home » Posts tagged with "stock market"
Economic Data Helps S&P Top 1,400
The S&P 500 benchmark has cleared the 1,400 level.
March 16, 2012- Recently released economic data that was better than what was estimated, has helped the S&P 500 pass the 1,400 mark. The S&P topped 1,400 for the first time in nearly 48 months, as manufacturing data from the New York region increased unexpectedly and unemployment claims dropped.
The S&P 500 settled at 1,399.96 after topping the 1,400 plateau earlier in the day. The Dow Jones Average increased to 13,219.99 after its...
Amazon Stock Drops After Disappointing Results
Amazon got hit hard in the stock market today.
February 1, 2012- Internet giant Amazon continues its fast track of growth, but higher expenses in the company are eating away at its profit. The company on Tuesday reported its earnings for the fourth quarter of 2011.
The earnings report fell short of expectation of Wall Street analysts. Amazon also said it could have a loss in the current first quarter of 2012. The earnings report and comments about the current quarter caused its stock price to fall...
Dow Up 5.6% While S&P Remained Flat
The S&P 500 stayed flat through out 2011.
December 31, 2011- The stock market for 2011 has closed. Friday afternoon’s session brought to an end the nerve-racking year that eventually led to nowhere. After all of the difficulties during 2011, Standard & Poor’s 500 ended the year .04 of a point from where it started January 3 of this year.
Much of what took place over the course of the year was influenced by the sluggish worldwide economy and the sovereign debt crisis in Europe. Only nine...