Is now a good time to get in? A few negative economic data points helped keep the stock market from posting new index highs yesterday. The most important data released was new housing starts and initial jobless claims that were…
Housing
Stocks Rebound After Oversold Boston Marathon Bombing Losses: CPI Down, Housing Starts Up
by ToryCapital.com Staff •
Will Follow Through Occur? U.S. equities rebounded after losing ground yesterday. One day after the Boston Marathon Bombing, stocks rebounded led by the financials after Goldman Sachs reported good numbers along with positive housing data. Housing starts increased by 0.7…
U.S. Consumer Confidence Down, Housing Prices Up As S&P Closes In On All-Time High Of 1,565
by ToryCapital.com Staff •
Mixed Economic Data Helps Lift Markets, No Reason For Fed To Pull Punchbowl: The S&P 500 broke out of a tight range today to close higher and neared the all-time high of 1,565 today as sentiment among traders shifted. The…
S&P 500 Averts New All-Time High As Momentum Falters On Low Volatility
by ToryCapital.com Staff •
The S&P 500 fails to make new March 2013 all-time high but this may not dissuade investors. Stocks were unable to rally today but came off the lows towards the end of the session as traders took advantage of a…
Equities Make Comeback After 2013 Worst Day Ever On Housing And Consumer Data
by ToryCapital.com Staff •
Equities Make Comeback After 2013 Worst Day Ever On Consumer And Housing Data Will it last? Stocks made a strong comeback today after the Dow Jones Industrial Average fell over 200 points yesterday to close with the worst point loss…
