Stock Markets All the major U.S. stock market indexes rallied during the week. The 30-stock Dow Jones Industrial Average (DJIA) ended the week 2.60% higher, and the Total Stock Market Index climbed by 4.04%. The S&P 500 Index, a broad-based metric, ascended by 4.02%, while the technology-heavy Nasdaq Stock Market Composite jumped by 5.95%, the […]
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Weekly Market Review – July 13, 2024
Stock Markets Last week saw the first notably broad advance since mid-April. All major US stock indexes are up for the week. The Dow Jones Industrial Average (DJIA), a narrow 30-stock index, rose by 1.59% while the Dow Jones Total Stock Market climbed by 1.25%. The broad S&P 500 Index increased by 0.87% and the […]
Climate change: China’s green power surge offers hope on warming
Wind and solar power are booming in China and may help limit global carbon emissions far faster than expected, according to a new study. Solar panel installations alone are growing at a pace that would increase global capacity by 85% by 2025. The report says the country’s green energy targets for 2030 look set to […]
Google warns users to take action to protect against remotely exploitable flaws in popular Android phones
Google’s security research unit is sounding the alarm on a set of vulnerabilities it found in certain Samsung chips included in dozens of Android models, wearables and vehicles, fearing the flaws could be soon discovered and exploited. In a blog post, Google’s Project Zero head Tim Willis said the in-house security researchers found and reported […]
Protected: Unlocking the Power of Automation: This Platform is Set to Change Everything
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Oil Price Rally Reverses As Inventories Balloon
The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 4.146 million barrels for the week ending November 27. Analysts had predicted an inventory draw of 2.358 million barrels for the week. In the previous week, the API reported a build in oil inventories of 3.8-million barrels, after analysts had […]
Weekly Market Review – January 18, 2020
Stock Markets What analysts call better-than-expected economic data, encouraging corporate earnings from U.S. banks, and the signing of the “phase-one” trade agreement helped raise U.S. stocks to fresh record highs last week. A surge in housing starts bolstered by strong retail sales point to a resilient consumer that is supported by a continued strong labor […]
Weekly Market Review – January 11, 2020
Stock Markets Stock markets closed at near new all-time highs last week after the U.S. and Iran recoiled and avoided expected escalation in geopolitical tensions. Iran took retaliatory steps for the death of its general with missile strikes against U.S. military bases in Iraq. There were no casualties, whether on purpose or not, but President […]
Weekly Market Review – January 4, 2020
Stock Markets Following a sharp rally at year-end and a new record high on the first trading day of the year, U.S. stocks declined modestly on the week, which many expected. New concerns over tensions between the U.S. and Iran popped up on Friday after a U.S. airstrike in Iraq killed an Iranian general who […]
Weekly Market Review – December 28, 2019
Stock Markets In the final week of 2019, stocks rose yet again as several major indexes hit fresh record highs. Volatility remained under control and stocks continued upward as we moved to year-end. There are, at present, no major catalysts or economic issues to disrupt the market rally. The S&P 500 is on track to […]
Weekly Market Review – December 21, 2019
Stock Markets Heading into the Christmas-holiday shortened trading week, stocks are set to finish the year strong. The S&P 500 has now posted 31 all-time highs in 2019, driven by sizable gains in the technology sector, progress on Brexit, the U.S./China trade front, and continued strength in the U.S. jobs market. Despite an impeachment vote […]
Weekly Market Review – December 14, 2019
Stock Markets As expected, U.S. stocks rallied to fresh record highs after the three main issues that have created most of the uncertainty this year came to a positive close. The trade deal, Brexit and the Fed policy all moved to new positive levels. The U.S. and China reached a “phase one” trade deal which […]