TradingMarkets 7 Options You Need to Know for Today
Today’s options list includes Google, Boston Scientific, and Apple.
Stocks Rise on Housing Data
New home sales increased by 2.8 percent in July to a seasonally adjusted annual rate of 870,000. The increase beat out analyst expectations of 820,000 new home sales.
Stocks Rally to Close Week; Dow Adds Triple Digit Gains
U.S. stocks continued to climb higher, as positive housing data outweighed fears concerning the credit market.
TradingMarkets 7 Options You Need to Know for Today
Today’s options list includes Google, American International Group, and Mastercard.
Early Rally Fizzles Out
Buying interest waned not long after the open, however, as traders began to question recent optimism about the likelihood of an interest rate cut by the Federal Reserve in the near future. At the same time, selling pressure has remained relatively subdued.
Dow Closes Flat; S&P and Nasdaq Finish Lower
The major averages began the day in positive territory but shortly thereafter moved below the unchanged line. A rally took place shortly after 1:30 P.M. that brought the Dow briefly above the unchanged line. But downward pressure once again infiltrated stocks, as lingering fears within the credit market continue to plague investors.
TradingMarkets 7 Options You Need to Know for Today
Today’s options list includes Mastercard, Google, and Sirius Satellite Radio.
Bulls Take Firm Control
Bulls are controlling the market on Wednesday, as merger and acquisition news fuels the upward movement. Investors are also focusing on the Federal Reserve, as more and more investors are beginning to believe that the Fed will cut interest rates in the near future.
M&A Activity Boosts Stocks; Dow GainsTriple Digits
Bulls controlled the market on Wednesday, as merger and acquisition news fueled the upward movement. Investors are also focusing on the Federal Reserve, as more and more investors are beginning to believe that the Fed will cut interest rates in the near future.
Stocks Inch Higher in Early Trading
Federal Reserve Chairman Ben Bernanke is having an emergency meeting with Treasury Secretary Henry Paulson and Banking Committee Chairman Chris Dodd. Investors remain optimistic that a rate cut may be on the horizon to help inject added liquidity into the credit markets.
Markets Cautiously Watching the Fed
After experiencing a mid-day rally on fresh news from the Federal Reserve, the major averages have come under pressure with only the Nasdaq and S&P 500 holding on to their early gains.
TradingMarkets 7 Options You Need to Know for Today
Today’s options list includes Google, Sandisk, and the Oil Services HOLDR.