Author Archives: Terry Stevens
US markets continue see-saw, Dow jumps 4 per cent
Premier Partners Group: All US markets rose sharply during trade on Thursday, as a jobless report provided better than expected results. The figures fell below 400,000 for the first time since April of 2011. Investors reacted positively, with all markets rising more than 4%, with the NASDAQ leading the way, up 4.7%. Analysts are anxiously watching how the markets will finish the week, after the Dow dropped by 600 points Monday, rose 429 points Tuesday, …
US markets slump again, investors drive gold to record highs
Premier Partners Group: US markets suffered another day of wild swings during trade Wednesday, on fears about European debt issues and uncertainty in the US economy. France’s banking sector was under threat, with financials in Europe all sharply down, after fears emerged that France could be the next economy to be downgraded from its AAA rating. The Dow closed 519 points down, a drop of 4.6%, whilst the S&P500 and the NASDAQ both fell more …
US markets surge after FOMC statement, best rise for two years
Premier Partners Group: In a move aimed at stabilizing the US economy, the FOMC agreed to keep US interest rates low until 2013 yesterday. Markets traded with extreme volatility Tuesday, bouncing up sharply in early trade, before declining immediately after the announcement, with the Dow being 2% down in the immediate aftermath of the statement. Markets then rallied towards the bell, with the Dow finishing 4% higher. The NASDAQ enjoyed a roller-coaster days trade, eventually …
Dow plunges, suffers 6th largest loss
Premier Partners Group: US markets plunged during trade on Monday, as investors continued their sell-offs. Wall street has now seen 15 per cent wiped of stock values in the last two weeks. Selling began on the opening bell, after the downgrade form the S&P, with the Dow dropping 250 points within minutes.The NASDAQ suffer more losses, falling almost 7 per cent in Monday’s session. The losses continued into Europe on Monday, with all markets sharply …
