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11/30/09 - After seven consecutive months of positive performance, equity markets cooled in the month of October with most major market indices slightly lower for the one month period ending Oct. 31. Despite generally positive earnings reports from the end of the third quarter, profit taking overshadowed most of the corporate earnings news. The Dow Jones Industrial Average did manage to edge modestly higher, mostly on the backs of Exxon and Chevron as a jump in oil prices during the month increased valuations.  (Read On...)

8/20/09 - As we enter the latter half of the third quarter the expected norm of a quiet summer has been turned around as July proved to be an exciting month on both the economic and market fronts. Through July 31, the S&P 500 Index rose nearly 50% from its low point in early March. July marked the 5th consecutive month of positive returns following declines in January and February. The mid-summer run could be attributed in part to stronger than expected earnings numbers combined with continuous economic reports that indicate the recession may be nearing an end. (Read On...)

Today's News

3/12/2010 4:05:05 AM - Top Democrats say they are resolving disputes over President Barack Obama's health overhaul plan, but they face decisions on subsidizing coverage and are still hunting votes to push the vast package through Congress. Full Story...

3/12/2010 3:33:00 AM - Chinese appliance maker Haier says it has joined with General Electric in selling GE appliances to rural areas, the focus of subsidies intended to boost spending by hundreds of millions of farmers. Full Story...

3/12/2010 2:12:01 AM - Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday. Full Story...

3/12/2010 1:42:02 AM - Oil prices hovered above $82 a barrel Friday in Asia as investors mulled whether extending a monthlong rally is justified amid evidence of weak U.S. crude demand. Full Story...


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