The Dow Jones industrial average and the Standard & Poor’s 500 index have finished their fifth straight week of losses. For the Dow, it’s the longest losing stretch since July 2004. the S&P hasn’t had it this bad since mid-2008. The stock market fell 2.3% during the Memorial Day-shortened week following weaker-than-expected job growth in […]
New chart in the BUSINESS/CHARTS section: United State Dollar (USD) versus the EURO. USD is the official currency used in the United States of America. The Euro (also known as the “Anti-Dollar”) is the official currency of 15 countries in the European Union, collectively known as the Eurozone. Euro-denominated notes and coins started circulating on January 1, 2002. The Euro traces its beginnings to The Maastricht Treaty in 1992.
GOLD (XAU 959) is one of the most highly-sought after precious metals in the world. It is used in jewelry, electronics, and coinage. Gold is widely considered to be an effective hedge against inflation, which means that when the dollar depreciates, demand for gold increases. In addition, during times of economic and political uncertainty, the demand for Gold rises due to its high intrinsic value and relative stability. More on wikinvest …
The Dow Jones Industrial Average (NYSE: DJI, also called the DJIA, Dow 30, INDP, or informally the Dow Jones or The Dow) is one of several stock market indices. The Dow was created by Charles Dow, a nineteenth-century Wall Street Journal editor and Dow Jones & Company co-founder . The Dow is an index that shows how certain select stocks have traded. Charles Dow compiled the index to gauge the performance of the industrial sector of the American stock market. The Dow is the second-oldest U.S. market index, after the Dow Jones Transportation Average, which Dow also created.
The Dow Jones Transportation Average (also called the “Dow Jones Transports” DJTA) is a U.S. stock market index of the transportation sector, and is most widely recognized gauge of the American transportation sector. The Dow Jones Transportation Average is the oldest stock index still in use — older than its well known counterpart, the Dow Jones Industrial Average (DJIA).
The NASDAQ (National Association of Securities Dealers Automated Quotations) is an American stock exchange and is a leading indicator of the performance of stocks of technology companies and growth stocks. The NASDAQ is the largest electronic screen-based equity securities trading market in the United States. With thousands of companies — consisting of both U.S. and international companies — the NASDAQ has more trading volume per hour than any other stock exchange in the world.
The NASDAQ-100 is a stock market index of 100 of the largest domestic and international non-financial companies listed on the NASDAQ stock exchange. The NASDAQ-100 is a modified market value-weighted index; the companies weight in the index are based on their market capitalization, with certain rules capping the influence of the largest components.
The S&P 500 is a value weighted index published since 1957 of the prices of 500 large cap common stocks actively traded in the United States. The stocks included in the S&P 500 are those of large publicly held companies that trade on either of the two largest American stock markets, the New York Stock Exchange and NASDAQ. Almost all of the stocks included in the index are among the 500 American stocks with the largest market capitalizations.
Rest of Today - Chance of snow late in the morning...then snow in the afternoon. New snow accumulation of 1 to 2 inches. Highs in the lower 20s. Southeast winds 10 to 20 mph with gusts up to 30 mph. Chance of precipitation 100 percent.