Showing posts with the label MarketWatch | Wall street at Close Report

MarketWatch | Wall Street at Close Report September 19, 2013: U.S. stocks fall hard but still up for third week

  By Kate Gibson  NEW YORK (MarketWatch) -- U.S. stocks fell on Friday, but still managed a third week of gains, as investors reacted to the uncertain science of reading verbal signals from U.S. central bankers. It has been a "big week if you're a Fed watcher," said Richard Slinn, co-head of investments for Northern California, J.P. Morgan Private Bank. The bank oversees $910 billion in assets. At 4 p.m. Eastern, the Dow industrials DJIA -1.19% were down 169.11 points at 15,467.44. The S&P 500 index SPX -0.72% shed 12.68 points to 1,709.66. The Nasdaq Composite COMP -0.39%

MarketWatch | Wall street at Close Report September 10, 2013: U.S. Stocks Climb as Diplomacy senn for Syria

By Kate Gibson , MarketWatch    NEW YORK (MarketWatch) — U.S. stocks rallied on Tuesday, with the S&P 500 continuing its longest stretch of gains since mid-July, after upbeat data from China and amid heightened diplomacy on Syria.  “The market is happy we’re not going to have to go in and shoot missiles,” said JJ Kinahan, chief strategist at TD Ameritrade in Chicago, referring to Syria. “And now we’re in spitting distance of 1,700; we may go up and test that over the next few days,” he said of the S&P 500 Index SPX +0.74% .  Extending gains into a sixth consecutive session, the index rose 12.28 points, or 0.7%, to 1,683.99, with industrials leading gains that included all of its 10 major industry groups.  Looking back at the crisis, five years later Paul Vigna and Barry Ritho