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Monthly Archive: October 2015

Oct 23 2015

Wall Street rises alongside strong earnings

Market Recap 10/22/15: U.S. stocks rallied on Thursday, with the S&P 500 advancing to a two-month high on the back of a number of corporate results that eased concerns about profit growth. McDonald’s (MCD) was one of the biggest gainers of the day, rallying after its results topped expectations, helped by a recovery in demand …

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Oct 22 2015

Investors await onslaught of major earnings

Market Recap 10/21/15: U.S. stocks fell on Wednesday as healthcare stocks weakened and a drop in commodity prices weighed on energy names, though some strong earnings from headliner companies kept losses in check. The healthcare and biotech space slipped after Democratic presidential candidate Hillary Clinton said she had “serious concerns” about some of the merger …

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Oct 21 2015

Trading quiet as investors await big-name earnings

Market Recap 10/20/15: U.S. stocks fell modestly on Tuesday, pressured by IBM (IBM) after the tech giant reported weaker-than-expected revenue and cut its full-year profit outlook. The Dow component was the latest high-profile name to disappoint this earnings season, a major theme of which has been companies struggling with the impact of slower growth out …

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Oct 20 2015

Stocks struggle for direction amid mixed earnings

Market Recap 10/19/15:   U.S. stocks ended flat on Monday as strength in technology shares was offset by weakness in energy and material names. The commodity-based stocks were pressured after the latest GDP data out of China showed the country’s expansion had slowed to a 6.9 percent rate in the third quarter, a pace that …

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Oct 19 2015

Improved earnings paint brighter tone on Wall St

Market Recap 10/16/15: U.S. stocks rose on Friday after General Electric (GE) reported better-than-expected quarterly results, helping to ease concerns about corporate profit growth. Analysts continue to expect a year-over-year decline in third-quarter earnings, pressured by slowing growth out of China and a strong U.S. dollar; that GE, a major multi-national, came in ahead of …

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