Indices closed out in the red zone on Thursday. Brands such as Bank of America, Boeing, and Coca-Cola traded lower on the Dow. Economic concerns, in the wake of less-than-stellar GDP data released yesterday, may have pressured trading action.
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Brands traded slightly lower on Wednesday. Cisco, 3M, DuPont, and Exxon Mobil led the Dow’s descent. Meanwhile, comments from the latest FOMC meeting failed to impress.
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Indices closed out mixed on Tuesday. The Dow climbed to a five-year high level on better-than-expected earnings data from such companies as Pfizer and Valero Energy. Trading on the S&P 500 ended with slight gains while the Nasdaq closed fractionally in the red zone.
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Monday’s trading session ended with mixed moves. The Dow and S&P 500 closed in red territory while the Nasdaq added some points. Alcoa, Boeing, Bank of America and Travelers led the way down on the Dow. A jump in Apple bolstered the Nasdaq’s ascent.
This week on “Money Talks” our Research Department takes over to discuss the market’s movements, Dow stocks, Apple’s latest struggles and the future of Netflix.
The “Money Talks” research analysts discuss the market’s rally and the earnings from several high profile companies.
Apple stock took a dive early in the week, and Netflix bounced after solid earnings. Our Analysts weigh in on what happened.