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Monthly Archive: July 2015

Jul 31 2015

Disappointing earnings offset strong GDP report

Market Recap 07/30/15:   U.S. stocks ended flat on Thursday, with a number of high-profile names – including Procter & Gamble (PG) and Facebook (FB) – dropping after disappointing quarterly results. While a read on economic growth came in above expectations, some investors viewed that data cautiously, as the Federal Reserve has indicated it will raise rates …

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Jul 30 2015

The Fed acknowledges improvement in domestic economy

7/29/15 Market Recap:  U.S. stocks rose on Wednesday, boosted after the Federal Reserve acknowledged improvement in the domestic economy but held off on raising interest rates. While many investors still expect the central bank’s first rate hike in about 10 years to come in 2015, the comments indicated that the Fed was willing to remain …

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Jul 29 2015

Futures are modestly higher

7/28/15 Market Recap:  U.S. stocks rose sharply on Tuesday, rebounding from the previous session’s sharp decline as some strong corporate results offset ongoing concerns over the pace of economic growth in China. While Shanghai’s primary equity index fell, extending its decline on Monday – which had been the single worst session for the index in …

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Jul 28 2015

Pressure by massive selloff in the Chinese market

7/27/15 Market Recap: U.S. stocks fell sharply in Monday’s session, pressured by a massive selloff in the Chinese market that raised new concerns about the pace of global growth and whether China’s slowing economy would have a pronounced impact on corporate earnings and revenue growth domestically. China’s primary stocks index fell more than 8 percent …

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Jul 27 2015

Weak results add concerns regarding strength of the global economy

7/24/15 Market Recap: U.S. stock indexes ended their worst week since March with further losses on Friday, pressured by the latest in a series of weaker-than-expected earnings as well as signs of slowing global growth. Biogen Idec (BIIB) shares plummeted after the biotechnology giant cut its revenue growth forecast for 2015 by more than half, …

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