Stocks Give Back Ground But Continue To See Modest Strength – U.S. Commentary – NASDAQ.com
Last Modified: Tuesday, July 15, 2014 at 11:22 p.m. Stocks are closing mostly lower as investors considered a new set of corporate earnings and the Federal Reserve’s latest assessment of the U.S. economy. In remarks to Congress, Fed Chair Janet Yellen raised the possibility the Fed could raise its key short-term interest rate sooner than currently projected. The Standard & Poor’s 500 index fell three points, or 0.2 percent, to close at 1,973 Tuesday.
Most active New York Stock Exchange-traded stocks – Yahoo News
rose .6 percent to $36.07 with 11,282,200 shares traded. Advanced Micro Devices Inc. rose .9 percent to $4.28 with 12,289,900 shares traded. Bank of America Corp. fell .9 percent to $15.89 with 33,516,900 shares traded.
(AP Photo/Mark Lennihan, File) Stocks are closing sharply higher as the market shakes off its worst weekly performance in three months. Citigroup rose 3 percent after the bank turned in better results than Wall Street expected. The bank also said it had reached a settlement in an investigation into its mortgage securities business. The Dow Jones industrial average rose 111 points, or 0.7 percent, to 17,055 on Monday.
Premarkets: 4 things to know before the open – Jul. 16, 2014
Market overview: European markets bounced about 1% higher, encouraged by China’s growth figures, and U.S. stock futures were trading about 0.3% firmer. U.S. stocks closed mixed Tuesday.
Source: <a http://www.todayhotstocks.com/ href=’http://money.cnn.com/2014/07/16/investing/premarkets/index.html?section=money_topstories’ >http://money.cnn.com/2014/07/16/investing/premarkets/index.html?section=money_topstories
Stocks snap higher on Wall Street; Citigroup up – Yahoo News
The Dow is up 41.46 points or 0.2 percent at 17,102.14, the Nasdaq is up 8.06 points or 0.2 percent at 4,424.45 and the S&P 500 is up 4.02 points or 0.2 percent at 1,977.30. The early strength on Wall Street reflected several positive catalysts, including better than expected Chinese economic data, upbeat earnings from Intel ( INTC ), and merger-and-acquisition news. Positive sentiment was initially generated by a report from the Chinese National Bureau of Statistics showing stronger than expected second quarter GDP growth. Annual growth in Chinese industrial production in June and fixed asset investment for the January to June period also came in above estimates. Traders also reacted positively to quarterly results from Intel, with the semiconductor giant jumping 6.8 percent to a ten-year intraday high.