7 May 2021
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Switzer Daily

Catch up on all the content put together by the Switzer Daily team, including our daily news update 5 things you need to know today.

22 June 2009
Inside Markets

US stocks finished the day lower on Tuesday as investors took profits from Monday's massive rally. The Dow Jones dropped 115.65 points or 1.5% to close at 7,660.21. The Nasdaq lost a big 2.5% to finish at 1518.2. The S&P 500 shed 16.9 points or 2% to 806. The big sell-off was led by bank […]

22 June 2009
Inside Markets

Stocks in the US finished higher on Wednesday after a late surge in trading took all three indexes into positive territory. The Dow Jones Industrial Average rose 90 points or 1.2%, to 7,749.81. The Nasdaq gained 45.85 points or 0.8%, to 45.85. The S&P 500 added 7.63 points to 813.88. The S&P 500 has gained […]

22 June 2009
Inside Markets

Wall Street put on another solid day to give the bulls a lot of heart and put the frighteners on the bears and short sellers. A better than expected market reaction to a seven-year Treasury bond issue and some better than expected corporate earnings kept it all positive. The Dow Jones was up 174 points […]

22 June 2009
Inside Markets

 It was a positive week for the stock market but the Yanks still finished off their week in a downbeat way. It’s not surprising given the recent rises and, in fact, a bit of moderation could be a good thing. However, over the next few weeks these recent rises will be tested to see if […]

22 June 2009
Inside Markets

The testing of the three-week rally is now on with the Obama Administration pushing the boss of GM to resign. Also some remarks from Tim Geithner about more money for banks added to the spooking of the market. The Dow Jones lost 254 points or 3.2% to 7,522.   The Nasdaq dropped 43 points or […]

22 June 2009
Good News Daily

There were 75,441 cars sold during May, which was 15% down on a year ago. Economist Craig James says while that looks like a big drop, it’s up on April when sales were down 24%. Private car purchases remain quiet, but sales to businesses have been increasing, and this is due to government grants to […]

22 June 2009
Inside Markets

There were mixed results on the US markets with technology shares bringing the S&P 500 and Nasdaq to stronger closes with some positive broker comments about Microsoft. The Dow fell 0.19% or 15.87 points to 8539.73.  The Nasdaq put on 1.09% or 19.75 points to 1827.47. The S&P 500 was up 0.31% or 2.86 points […]

19 June 2009
Inside Markets

Retail sales came in negative and below expectations and that gave the market a reason to sell off. Weakness in financials did not help and this means the Dow Jones Index has dropped in four of the last six sessions. The Dow lost 137 points or 1.7% to 7,920.   The Nasdaq dropped 27 points […]

19 June 2009
Inside Markets

March winded up in America as the best month on the stock market in six years, but the quarter was another down and negative experience. For those who like numbers, the Dow put on close to 8%, the S&P 500 rose 11% and so did the Nasdaq. To the latest closes and the two-day losing […]

19 June 2009
Inside Markets

US stocks returned to the positive on Wednesday on the back of better-than-expected readings on housing and manufacturing. The Dow Jones rose 153 points, or 2%, to 7761.6.   The Nasdaq added 23 points, or 1.5%.   The S&P 500 index gained 13 points, or 1.7%, to 811.08   Early trading saw stocks fall after […]

19 June 2009
Inside Markets

A change to mark-to-market rules which permit toxic assets to be valued more sympathetically, more better-than-expected economic news along with good noises out of the G20 meeting in London, all helped the market. There’s now more support for this rally being for real, however there will be a potentially scary jobs report out tomorrow and […]

19 June 2009
Inside Markets

The test of the rally has begun and the guidance from the next few weeks of US corporate earnings reports will answer the question: Has this been a bear market rally? There has to be profit-takers who will lead the market down and could lead the charge to buy if the guidance comes in more […]

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