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Monthly Archive: March 2015

Mar 23 2015

This Week’s Market Moving Events

3/20/15 Market Recap: Stocks rose higher on Friday, closing out a positive, yet volatile week for the markets. Friday’s trading was buoyed by better than expected earnings reports from the likes of Nike and Darden Restaurants along with a surge in oil prices that drove energy stocks higher. Energy stocks led all S&P sectors, rising …

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Mar 20 2015

Equity markets were mixed in trading yesterday

031915 FBN

3/19/15 Market Recap: Equity markets were mixed in trading yesterday, a much quieter session than Wednesday’s FOMC sparked rally. The Dow and S&P declined for the day while the Russell 2000 and the Nasdaq saw slight gains. The dollar meanwhile rebounded against its major counterparts and contributed to underperformance in both energy and materials, laggards …

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Mar 19 2015

FOMC fueled a rally in the markets

3/18/15 Market Recap: After hovering lower for most of the day, stocks moved sharply higher after dovish comments from Fed Chair Yellen and the FOMC. As expected, the committee removed the word “patient” in describing their readiness to increase rates, signaling a focus on economic conditions for making such a decision. To this end, the …

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Mar 18 2015

Investors wait cautiously for today’s conclusion of the FOMC meeting

3/17/15 Market Recap: Equity markets were mixed in yesterday’s trading as investors waited cautiously for today’s conclusion of the FOMC meeting. The Dow and S&P fell for the day, declining by .34% and .71% respectively, while the Russell 2000 and Nasdaq increased slightly. Increasing tech stocks also pushed the sector high yesterday, the only S&P …

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Mar 17 2015

Market shake off Friday’s losses ahead of Wednesday’s FOMC meeting

3/16/15 Market Recap: Stocks rose sharply yesterday as the market shook off Friday’s losses ahead of Wednesday’s FOMC meeting and statement from Fed Chair Janet Yellen. With little surprise from the economic releases of the day, much of the day’s trading revolved around the dollar, which lost some of the gains it had recently made …

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