Canallmarketsgoupatthesametime?Weareprettyclosetoday.Stocks,bondsandcommoditiesallenjoyedanicerallywhiletheonlyloser,unfortunately,wasagaintheUSdollar.TheUSdollarhitarecordlowagainsttheEuroaftertheGermanbusinessconfidenceunexpectedroseforthesecondmonth,easingthepressureforECBtocutinterestratesinthatregion.Inaddition,thedollarindexalsohitanalltimelow.Notsurprisingly,theCRBcommodityindexhitanotherhi...[
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Themarketstartedthenewweekinadefinitelypositivetonewithallthreemajorindicesclosingthedayhigherbymorethan1%.SimilartolastFriday,thetriggerfortoday’srallywasduetopositivedevelopmentsinbondinsurers.Standard&Poor’s,oneofthetopthreeratingagencies,affirmedAAAcreditratingsforMBIAandAmbac.Althoughbothbondinsurersstillhavetheircreditratingsundernegativewatchlist,meaningadowngradeisstillpossibleinthefutur...[
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Justwhenwementionedyesterdaythatthemarkethadthreereversalsinarow,todaythemarketgaveusafourth.TheDowclosedthedayupbyalmost100pointsafterlosingmorethan1%just40minutesbeforetheclose.ThetriggeroftherallyisareporteronCNBCmentioningthatabailoutonthetroubledsecondlargestbondinsurerAmbacFinancialwillbeannouncedasearlyasMondayorTuesday.Thenewswasregardedasapositivetothefinancialsectorasoneshort-termuncerta...[
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Themarketiswhipsawingthesedays.ItisnotofteninanytypicaldaythatweseetheDowtoreverseby200points.Guesswhat?Wehadthreesuchdaysinarow,whichwasunprecedentedgoingbacktoatleast25years.Simplyput,themarkethasnotrend.Eventuallythemarketwillchooseadirection,eitherupordown,butwearenotthereyet.
Wegotmoreeconomicnewsthismorning.Unfortunately,mostwereagaintiltingtothenegativeside.Startwiththeweeklyjoblessclai...[
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Allthreemajorindicesreversedearlylossesandclosedthedayinpositiveterritory.Thenewsontheeconomicfrontwasmostlyneutraltonegative.StartwiththecloselywatchedCPIreport.Bothheadlineandcoreinflationcamehigherthanexpected.TheheadlineCPInumberincreased0.4%,pushingthey-o-yinflationto4.3%.Excludingfoodandenergy,thecoreCPIincreased0.3%andbroughtthey-o-yincreaseto2.5%.WithintheCPIreport,foodpricesrose0.7%whilef...[
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Allthreemajorindicesclosedthedayinredaftergainingmorethan1%earlier.Thereislittleeconomicnewsscheduledtobereleasedtoday.Theonlynewsthatmanagedtomovethemarkethighermid-dayistheUSHomebuilderConfidenceIndex,whichcameat20comparedwithapreviousreadingof19.However,sincethenumberisstillwellbelowaneutralreadingof50,itistooearlytocallabottominthehomebuildingindustry.
Mostheadlinenewsofthedayconcentratedi...[
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Themarketclosedmixedforthedaybutfortheweek,allthreemajorindicesmanagedtopostagainofaround1%followingpreviousweek’s4%loss.Thenewsontheeconomicfrontwasmostlynegativethismorning.Startwiththelatestinflationtrend.Theimportpriceindexjumped1.7%inJanuaryandbroughttheyear-over-yearincreaseto13.7%,thehighestonrecord.Meanwhile,USexportpricesrose1.2%duringthesameperiod,whichisthebiggestincreaseinalmost20year...[
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Allthreemajorindicesdroppedbymorethan1%fortheday,essentiallygivingbackyesterday’sgain.Theeconomicnewsthismorningwasmoreorlessinlinewithexpectation.Initialclaimsdroppedforthethirdweekandcameat348K.Continuingclaims,however,stillstayedabove2.75million.TradeBalancewasalittlebetterthanexpectedat-58.8billion,whichwashelpedbystrongexportduetoaweakdollar.
Thefinancialsectorledthemarketdowntoday.Befor...[
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Themarketcontinuedtomovehigherforthethirddayinarowwithallthreemajorindicesgainingmorethan1%.Thetriggeroftoday’sgainistheretailsalesreportforJanuary.Bothheadlinenumberandex-autonumbercamebetterthanexpectedafteradecreaseinsalesinthepreviousmonth.Sincerecessionisreallythebiggestconcernamonginvestors,today’sreportatleastprovidedsomerelief.Treasuriesdroppedwhiletheyieldsmovedhigherfollowingthenews.阅读全文]
MostindicesclosedhigherforthedayalthoughthesellingpressureduringthefinalhouroftradingpushedNasdaqbrieflyintonegativeterritory.Justlikethepasttwodays,thereislittleeconomicnewstodrivethemarketaction.ThebiggestnewsofthedaywasWarrenBuffettofferingthreebondinsurers(MBIA,AmbacFinancialandFGIC)reinsuranceoftheirmunicipalbondholding.Thenewsgavethebroadmarketandespeciallythefinancialsectoranearlyboost.Howe...[
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