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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Top Closing Records as Japan Boosts Stimulus The Bank of Japan spurred optimism in the global economy with a new stimulus. The Bank of Japan significantly ramped up its stimulus program just days after the Fed wound down its own package of U.S. economic incentives. In addition, better-than-forecast corporate earnings […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. stocks were mostly flat at the Open amid GDP, Jobless Data The Federal Reserve ended its bond-buying program. U.S. oil production rose to the highest level since the 1980s. The US economy expanded more than forecast in the third quarter. Fewer Americans filed applications for unemployment benefits over the past month […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Are Little Changed at the Open Investors speculated the Federal Reserve will be in no hurry to raise interest rates even as it ends monthly bond purchases. Shares of American Realty Capital slid 24 percent after it said some of its previous financial statements were unreliable. Facebook lost 6.9 percent […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Dow Rises at the Open for Fourth Day after Earnings Boost Optimisms U.S. stocks rose, sending the Dow Jones Industrial Average higher for a fourth day, as companies reported better earnings and Federal Reserve policy makers prepared to meet. Airlines and rail stocks advanced, pushing the Dow Jones Transportation Average to an […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Stocks Slide at the Open Led by Losses in Energy Shares as Oil Drops A 5-year-old boy who arrived in the United States on Saturday from Guinea is being observed in isolation at Bellevue Hospital in New York City for possible Ebola symptoms. German business sentiment fell in October for a sixth […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Stocks Fluctuate at the Open on Ebola Concern as Amazon Reports Loss The S&P 500 Index poised for its best week since 2013. The S&P 500 has risen five times in the past six days, pushing the gauge up 4.7 percent since Oct. 15. Almost 80 percent of S&P 500 companies that […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Stocks Rally at the Open after 3M, Caterpillar Profits Beat Estimates Caterpillar rose its full-year earnings forecast amid higher sales of construction machinery in North America. 3M boosted sales in all of its businesses. AT&T reported weaker-than-expected revenue growth and cut its full-year forecast for consolidated revenue growth. Fewer Americans filed applications […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET S&P 500 Fluctuates at the Open as Yahoo Climbs on Sales; Biogen Sinks Four consecutive advances in the S&P 500 have pushed the gauge up 4.2 percent since Oct. 15, recouping half the losses from a selloff that began in mid-September. About 80 percent of S&P 500 companies that have released quarterly […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET S&P 500 Climbs for 4th Day on Stimulus Signs, Earnings U.S. stocks rose for a fourth day as investors speculated the ECB will boost economic stimulus. Better-than-expected earnings and consumer confidence at a seven-year high have helped push the S&P 500 to its biggest three-day rally since April. The ECB bought Italian […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Fluctuate at the Open as IBM Spurs Dow Retreat IBM tumbled 7.3 percent as it struggles to transform quickly enough to cope with a shift to cloud computing. Canadian Pacific Railway said exploratory talks about a possible merger with CSX have ended and no further conversations are planned. This week, […]

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