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November 6th, 2012
S&P 500 Futures – U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a second straight day, as American voters went to the polls to pick a president.
Hewlett-Packard Co. (HPQ) and United Technologies Corp. (UTX) added at least 2.6 percent to pace gains among the biggest companies. Computer Sciences Corp., the manager of networks for NASA, surged 17 percent as a cost-cutting program helped boost its profit forecast. Express Scripts (ESRX) Holding Co., the largest U.S. pharmacy benefits manager, plunged 12 percent after saying analysts’ profit estimates for 2013 were “overly aggressive.”
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April 26th, 2012
S&P 500 Futures – U.S. stocks gained, giving the Standard & Poor’s 500 Index its biggest three-day advance since February, after better-than-estimated housing data overshadowed disappointing earnings at United Parcel Service Inc.
A measure of homebuilders in S&P indexes rose 4.8 percent as PulteGroup Inc. rallied 10 percent amid a narrower loss. Chevron Corp. (CVX) advanced 2.3 percent as the energy company lifted its dividend. Amazon.com Inc. (AMZN), the largest Internet retailer, surged 12 percent at 4:57 p.m. New York time as revenue beat estimates. UPS (UPS), the biggest package-delivery company that is considered a proxy for the economy, retreated 1.8 percent.
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April 19th, 2012
S&P 500 Futures – U.S. stocks swung between gains and losses as better-than-forecast earnings offset disappointing economic data and concern over Europe’s debt crisis.
Bank of America Corp. (BAC) and Morgan Stanley rose more than 0.4 percent as trading revenue helped earnings. Travelers Cos. added 4.8 percent, the most in the Dow Jones Industrial Average (INDU), as the insurer said profit beat analysts’ estimates. EBay Inc. (EBAY) rallied 15 percent as growth in its PayPal payments business boosted results. Qualcomm Inc. (QCOM) declined 4.6 percent after projecting sales and profit that fell short of estimates.
The Standard & Poor’s 500 Index gained 0.1 percent to 1,387.01 at 11:52 a.m. New York time, after dropping as much as 0.4 percent earlier. The Dow rose 16.80 points, or 0.1 percent, to 13,049.55 today.
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April 13th, 2012
S&P 500 Futures – U.S. stocks fell, sending the Standard & Poor’s 500 Index toward the worst weekly decline in 2012, as consumer confidence dropped, China’s growth slowed and the cost of insuring against a Spanish default rose to a record.
Financial shares dropped the most among 10 groups in the S&P 500 (SPX), following a slump in European lenders. The KBW Bank Index tumbled 2.3 percent as all of its 24 stocks fell. Bank of America Corp. (BAC), Hewlett-Packard (HPQ) Co. and General Electric Co. (GE) lost at least 1.6 percent. Google Inc. (GOOG) slid 3.1 percent as the world’s largest Internet-search company plans a new stock structure that gives management more leeway in issuing shares.
The S&P 500 decreased 0.8 percent to 1,376.88 at 11:43 a.m. New York time. The gauge has fallen 1.5 percent this week. The Dow Jones Industrial Average retreated 69.29 points, or 0.5 percent, to 12,917.29. Trading volume for S&P 500 companies was 7.3 percent above the 30-day average at this time of day.
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April 2nd, 2012
S&P 500 – The best first-quarter gain for the Standard & Poor’s 500 Index since 1998 sent U.S. stocks above gold by the most in more than a decade, a sign of growing investor confidence in corporate profits as analysts raise earnings estimates for the first time this year.
The S&P 500 climbed 12 percent, 5.3 percentage points more than gold for the widest gap to start a year since 1999, according to data compiled by Bloomberg. The S&P GSCI Total Return Index (SPGSCITR) of 24 commodities gained 5.9 percent over the three months, while Treasuries slipped 1.3 percent, trailing equities by the most since 2009. Corporate bonds increased 2.4 percent and the dollar fell 1.6 percent.
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March 21st, 2012
S&P 500 Futures – U.S. stocks fell, following yesterday’s drop in the Standard & Poor’s 500 Index, as sales of previously owned houses unexpectedly fell in February.
Baker Hughes Inc. (BHI) slumped 3.8 percent after saying that a shift away from gas rigs will hurt earnings. Oracle Corp. (ORCL) advanced 1.1 percent after profits beat analysts’ projections. Hartford Financial Services Group Inc. (HIG) climbed 4.3 percent on plans to wind down its individual annuities business and seek a buyer for parts of its life unit. LinkedIn Corp. (LNKD) advanced 7.9 percent as Goldman Sachs Group Inc. raised its recommendation for the professional-networking website.
The S&P 500 retreated 0.1 percent to 1,404.31 at 10:43 a.m. New York time. The Dow Jones Industrial Average declined 20.40 points, or 0.2 percent, to 13,149.79 today.
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March 19th, 2012
S&P 500 Futures – Daily prices changes in the Standard & Poor’s 500 Index are decreasing the most in eight decades, shrinking to the smallest since 1995 when investors abandoned stocks just before the biggest rally ever.
The benchmark gauge for U.S. equities has gained or lost an average 0.46 percent a day this year, compared with 1.04 percent in 2011, the biggest reduction since 1934, during the Great Depression, according to data compiled by Bloomberg. Swings are diminishing after valuations fell 40 percent and correlation among shares weakened the most in at least three decades.
At the same time, trading on the New York Stock Exchange has slumped to the lowest rate in 13 years, spurring concern about the biggest first-quarter rally since 1998. Bulls say the decline in trading and daily swings signal fear is dissipating after one of the most volatile years on record. Bears say falling volume is a warning gains will reverse should economic reports and earnings fail to match expectations.
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March 9th, 2012
S&P 500 Futures – U.S. stocks advanced, sending the Standard & Poor’s 500 Index toward its fourth weekly rally, after data showing stronger-than-forecast growth in payrolls last month bolstered optimism in the world’s largest economy.
Financial shares rose the most in the S&P 500 among 10 groups as Greece’s private creditors agreed to a debt swap. JPMorgan Chase & Co. and Citigroup Inc. (C) added at least 1.9 percent. Monster Worldwide (MWW) Inc., an online recruiting service, rallied 4.3 percent, extending a weekly surge to 21 percent. Lennar Corp. (LEN) and D.R. Horton Inc. (DHI) gained more than 4.1 percent as Credit Suisse Group AG lifted the homebuilders’ ratings.
The S&P 500 added 0.6 percent to 1,373.67 at 11:48 a.m. New York time, rallying 2.2 percent in three days. The index has risen 0.3 percent this week. The Dow Jones Industrial Average gained 40.83 points, or 0.3 percent, to 12,948.77. The Russell 2000 Index of small companies jumped 1.7 percent to 819.98. About 2.6 billion shares changed hands on U.S. exchanges.
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March 7th, 2012
S&P 500 Futures – U.S. stocks advanced, following the biggest decline in 2012 for the Standard & Poor’s 500 Index, after a private report showed American companies increased hiring and more investors signed on to a Greek debt swap.
Equities extended gains on a report that the Federal Reserve is discussing a new type of bond-buying program. Financial and industrial shares rose the most among 10 groups in the S&P 500. Bank of America Corp. (BAC) and Caterpillar Inc. (CAT) added at least 2.2 percent. Apple (AAPL) Inc. gained 1 percent as it’s said to unveil today the third generation of its iPad tablet computer. Ciena Corp. (CIEN), a maker of network equipment for phone companies, surged 7.2 percent amid a higher revenue forecast.
The S&P 500 rose 0.7 percent to 1,352.90 at 12:54 p.m. New York time, after slumping 1.5 percent yesterday. The Dow Jones Industrial Average added 77.05 points, or 0.6 percent, to 12,836.20. The Russell 2000 Index gained 1 percent to 794.79. About 3.1 billion shares changed hands on U.S. exchanges.
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August 10th, 2011
U.S. stocks dropped, following the biggest gain since March 2009 for benchmark indexes, amid concern that Europe will fail to contain its sovereign-debt crisis and that the global economic recovery is faltering.
All 10 groups in the Standard & Poor’s 500 Index fell at least 1.4 percent. Bank of America Corp. (BAC) and Citigroup Inc. (C) dropped more than 7 percent, pacing losses in financial shares, as the costs to protect the government debt of Greece, Italy, Spain and France rose. Walt Disney Co. (DIS), the largest theme-park company, tumbled 10 percent, on concerns that the slowing economy and consumer confidence may hurt its businesses.
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