Stock Market Today: Stocks Break Through Resistance Levels; Correction Fears on Back Burner – Yahoo Finance
“Unfortunately [the geopolitical conflict] is right back to page one, and that’s not what we need,” said Art Hogan, chief market strategist at Wunderlich Securities. When this happens, “we tend to largely ignore things which are fundamental.” Read More Ukrainian forces engage Russian troops on Ukrainian soil Earlier, U.S. stocks rose amid mixed economic reports on Friday morning, boosted by advances in Coke and Monster . “I think [the data] was basically a non-eventwhat the markets want to hear,” said Marc Chaikin, CEO of Chaikin Analytics. “I think the news is out for the day.” Monster Beverages rose about 30 percent on Friday morning, boosted by Thursday’s news of Coca-Cola taking a 16.7 percent stake in the firm.
Source: http://www.todayhotstocks.com http://www.cnbc.com/id/101922670?__source=yahoonews&par=yahoonews
Canada Stocks Fall as Gold Slump Outweighs Restated Jobs Data – Bloomberg
The Standard & Poors/TSX Composite Index (SPTSX) fell 48.20 points, or 0.3 percent, to 15,242.98 at 10:17 a.m. in Toronto. The benchmark equity gauge has climbed 12 percent this year, the second-best performer among the worlds developed markets behind Denmark . OceanaGold lost 2.4 percent to C$2.85 and B2Gold slipped 2.6 percent to C$2.85 as raw-materials stocks dropped 1 percent as a group, the most in the S&P/TSX.
Stocks Overcome a Midday Tumble on Ukraine – ABC News
But this wolf still appears to be nowhere in sight. U.S. stocks were looking at a fifth day of gains out of six on Friday, as the U.S. economy appears to be on track for a solid, sustained recovery.
“Impala’s trading update wasn’t very pretty and that was obviously as a result of the strike. The market is pricing in a lot of bad news,” said Woods. Higher global equity markets and easing political tensions in Ukraine led the spot gold price lower, as AngloGold Ashanti fell 2 percent and Harmony Gold shed 3.9 percent to 32.55 rand. Trade was average, with more than 164 million shares changing hands, according to preliminary bourse data.
South African stocks inch higher tracking global markets – Yahoo News
The Standard & Poor’s 500 index ended pretty much where it started the day on Friday, at 1,955 points, down a fraction of a point. The Dow Jones industrial average lost 50 points, or 0.3 percent, to 16,662. It was down 138 earlier. The Nasdaq composite rose 11 points, or 0.3 percent, to 4,463.