The Dow Jones Industrial Average closed at 16995 on 3/10/16, as the stock market traded sideways today. Oil continues to trade around $38 but we will have to see a move above $40 for the market to respond now.
The Dow Jones Industrial Average closed at 17213 on 3/11/16, as the stock market exploded higher today. The S&P 500 tested the 200 day moving average and Wall St. is back to buying stocks again.
The Dow Jones Industrial Average closed at 17229 on 3/14/16, as the stock market continues to move higher. The S&P 500 closed above the 200 day moving average again and Wall St. is cheering.
The Dow Jones Industrial Average closed at 17252 on 3/15/16, as the stock market traded sideways on Tuesday. The Dow Jones was down over 100 points at one point but rallied back into the green. Oil was weak which hurt small cap stocks.
The Dow Jones Industrial Average closed at 17326 on 3/16/16, as the stock market exploded higher on Wednesday. The Federal Reserve left rates unchanged and oil spiked which really helped the stock market.
The Dow Jones Industrial Average closed at 17482 on 3/17/16, as the stock market exploded higher again. The S&P 500 has now rallied over 230 points in 5 week and break out to a new 2016 high today. I still don't understand why people were selling stocks so hard in January/February but their pain is our gain.
The Dow Jones Industrial Average closed at 17602 on 3/18/16, as the stock market continues to hit new 2016 highs. The S&P 500 has now rallied over 240 points in 6 weeks and will not go down. I still don't understand why people were selling stocks so hard in January/February but their pain is our gain.
The Dow Jones Industrial Average closed at 17624 on 3/21/16, as the stock market continues to hit new 2016 highs. The S&P 500 has now rallied over 240 points in 6 weeks and will not go down. I still don't understand why people were selling stocks so hard in January/February but their pain is our gain.
Global equity markets lower on Monday as the dollar strengthened and U.S. Treasury yields rose on hawkish commentary Federal Reserve