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Pence Financial Markets News US FINANCIAL MARKET Wall Street Opens Little Changed Ahead of Fed Statement The Dow, Nasdaq and S&P500 were slightly higher at open. US interest rates have remained near zero for almost a decade, investors focus on the outcome of Fed’s two-day meeting. Twitter shares fell as much as 12.3 % to […]

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Pence Financial Markets News

Pence Financial Markets News US FINANCIAL MARKET Wall Street Opens Higher Ahead of Fed Meeting The S&P and the Dow rose, breaking a five-day losing streak. Nasdaq opened higher but dragged down by Baidu’s 14.6% slump, after missing quarterly profit estimates. The US Federal Reserve begins its two-day policy meeting. Some of the big names […]

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Pence Financial Markets News

Pence Financial Markets News US FINANCIAL MARKET US Stocks Follow Global Markets Lower The Dow lost 0.9% shortly after the opening bell, S&P shed 0.7% and Nasdaq lost 0.9%. The slide prompted heavy selling in European stocks, while commodities including crude oil and copper Crude traded in New York fell more than 20 % from […]

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Pence Financial Markets News

Pence Financial Markets News US FINANCIAL MARKET STOCKS LITTLE CHANGED AT THE OPEN AS AMAZON SHARES JUMP, BIOGEN FALLS Metal prices hit multi-year lows as weaker-than-expected data from China and the euro zone raised concerns about global growth while oil prices neared four-month lows. Amazon surged 17% after posting a surprise second-quarter profit on top […]

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Pence Financial Markets News

Pence Financial Markets News US FINANCIAL MARKET STOCKS LITTLE CHANGED AMID EARNINGS FROM GM, CATERPILLAR Including results from 125 companies in the S&P 500, earnings are on track to fall 2.7%, according to FactSet, better than the 4.5% decline initially expected by analysts. Shares of American Express shed 3.2% after the credit-card company’s second-quarter earnings […]

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Pence Financial Markets News

Pence Financial Markets News US FINANCIAL MARKET STOCKS DROP, WEIGHED DOWN BY APPLE, MICROSOFT Apple posted a 38% surge in profit and said it sold 35% more iPhones. But Apple’s iPhone sales missed some analysts’ estimates and the company indicated its revenue in the current quarter could come in below Wall Street forecasts. Microsoft reported […]

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Pence Financial Markets News

Pence Financial Markets News US FINANCIAL MARKET Dow Industrial Weighed Down by IBM, United Technologies IBM shares fall sharply after weak earnings report. Second-quarter revenue fell 13.5%, extending its sales slump to 13 quarters. United Technologies said that sales fell 5% in the quarter and lowered its earnings guidance for the year. Verizon’s revenue came […]

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Pence Financial Markets News

Pence Financial Markets News US FINANCIAL MARKET Stocks Little Changed Amid Earnings as Commodities Retreat Investors turned their attention to a stream of corporate earnings. Morgan Stanley, Halliburton results top expectations. Halliburton said second-quarter earnings plunged 93% as revenue slumped on soft demand. Morgan Stanley said revenue rose 13%. Lockheed sales climbed 3% to $11.6 […]

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Pence Financial Markets News

Pence Financial Markets News US FINANCIAL MARKET NASDAQ OPENS AT RECORD HIGH AFTER GOOGLE RESULTS The Nasdaq Composite rose 27 points, or 0.5%, to 5190, reaching a new intraday high. Including results from 59 companies in the S&P 500, earnings are on track to slip 3.6% in the second quarter. With US corporate earnings season […]

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Pence Financial Markets News

Pence Financial Markets News US FINANCIAL MARKET WALL STREET OPENS HIGHER AFTER GREEK VOTE AS INVESTORS WEIGH EARNINGS Greece’s parliament passes austerity measures, sending equity markets higher. Citigroup gained 2.8% after the bank said quarterly profit jumped after cutting spending on litigation. Intel said profit and revenue fell but projected better-than-expected revenue and margins in […]

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All Financial Consultants at Pence Wealth Management are Registered Representatives with, and securities and Advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA & SIPC. Financial Planning offered through Pence Wealth Management, a Registered Investment Advisor and separate entity from LPL Financial. The LPL Financial representative associated with this website may only discuss and/or transact securities business with residents of the following states: Alaska (AK), Alabama (AL), Arkansas (AR), Arizona (AZ), California (CA), Colorado (CO), Connecticut (CT), Delaware (DE), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Kansas (KS), Kentucky (KY), Louisiana (LA), Massachusetts (MA), Michigan (MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Nebraska (NE), Nevada (NV),

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