Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.
A better than anticipated jobs report and drop in the unemployment rate pushed the Dow to another new high. All three major indexes are now up between seven and nine percent on the year, and two percent this week. CNNMoney reports the Dow Jones Industrial Average moved up +0.47 percent, …
The lower-than-expected first-time unemployment claims and (anticipated) better-than-expected job growth for Feb. pushed the Dow to another new record today, as all three indexes advanced. CNNMoney reports the Dow Jones Industrial Average moved up +0.23 percent, +33.25 points, to close at another record high of 14,329.49. The Nasdaq gained +0.30 …
Dow Climbs Higher; Tracked Housing Stocks Fairly Static Read More
Investors rejoiced that economists predict 175,000 jobs will have been added in Feb., further driving the Dow to another new record today. While some analysts suggest there may be a pullback, “There’s more and more confidence that the economy is on firmer footing,” according to Bill Stone of PNC Wealth …
The Dow hit a new high today at 14,286.37, topping the intraday and closing records set in 2007.CNNMoney reports the Dow Jones Industrial Average moved up, gaining +0.80 percent, +113.28 points, to close at a record high of 14,241.10, having gained nine percent since the beginning of the year. The …
Dow Hits New Record High; Tracked Housing Stocks Mostly Gain Read More
The sequestration budget cuts did not seem to deter investors as all three indexes inched higher, the Dow getting ever closer to its all time high set in Oct. 2007. Joe Bell, senior market analyst at Schaeffer’s Investment Research, says, “It’s encouraging to see the market shrug off things that …
Wall Street investors were in no hurry to move far from the wall of the dance floor on the first day of March, but did manage to keep the three major indexes on the positive side, despite concerns abut gridlock in Washington and uncertainty overseas. CNNMoney reports the Dow Jones …
Patrick Jumps up, but Most Stocks we Cover are Quiet Read More
As the Dow fell short of its all-time high, investors backed away from U. S. stocks as tepid economic data trumped the drop in first-time unemployment claims. CNNMoney reports the Dow Jones Industrial Average rolled back slightly from its new five-year high, dropping -0.15 percent, -20.88 points, to end the …
Dow Falls Short of Record; Tracked Housing Stocks Lackluster Read More
Stocks rallied on hump day, rising throughout the trading session, in response to news that pending homes sales in Jan. rose to their highest level in almost three years, and Federal Reserve Chairman Ben Bernanke’s testimony before Congress that the Fed’s bond buying policies would continue to support the economy. …
Positive economic data and Fed Chairman Ben Bernanke’s words to Congress indicating the bond-buying program of the Fed will continue helped stocks regain some of their losses yesterday. CNNMoney reports the Dow Jones Industrial Average regained +0.84 percent of the 1.55% lost yesterday, +115.96 points, to end the day at …
After a run-up at the beginning of the day, investors took a break and engaged in a late-day sell off as concerns mounted over possible political instability in Italy, although some analysts suggested the three major indexes needed a cooling off period after running at records. In the end, the …
Nobility Runs Up; Indexes, other Housing Stocks Run Down Read More
Better than expected corporate returns from Hewlett-Packard and insurance giant AIG helped boost U.S. stocks, adding nearly one percent to the three major indexes. CNNMoney reports the Dow Jones Industrial Average gained 0.86 percent, +119.95 points, to finish at 14,000.57. The Nasdaq advanced +0.97 percent, +30.33 points, to close at …
While the major indexes continue to be up 3-6% for the year, today weak economic numbers, reports of soft sales at Wal-Mart, and ongoing financial troubles in Europe saw the indexes drift lower in the second straight day of drops in the market. CNNMoney reports the Dow Jones Industrial Average …
With all three major indexes up six to eight percent for the year, investors took a step back, digesting mixed housing market news, as all three indexes fell. CNNMoney reports the Dow Jones Industrial Average moved down -0.77 percent, -108.13 points, to end the day at 13,927.54. The Nasdaq dropped …
Mfg. Housing Composite, Patrick, Drew, and LPX all Drop Read More
The possible merger of Office Max and Office Depot gave investors something to smile about as the Dow and S&P rose to new five-year highs. CNNMoney reports the Dow Jones Industrial Average moved up +0.39 percent, +53.91 points, to end the day at 14,035.67. The Nasdaq gained +0.68 percent, +21.57 …
Housing Composite Spikes, all Three Major Indexes Rise Read More
All U.S. stock markets will be closed today, Mon., Feb. 18 in honor of Presidents Day. Markets will re-open tomorrow, Tue., Feb. 19 at 9 AM. (Photo credit: Wikipedia)
Although consumer sentiment from the University of Michigan’s survey came in higher than expected, and 65 percent of the companies in the S&P 500 beat analysts’ corporate earnings expectations, investors shied away from stocks today. CNNMoney reports the Dow Jones Industrial Average edged up +0.06 percent, +8.37 points, to end …
News that a third consecutive quarter of declining growth in the Eurozone at the end of 2012 trumped the U.S. news that first-time unemployment filings fell, along with the two big mergers, leaving the three major indexes to move little. CNNMoney reports the Dow Jones Industrial Average slipped -0.07 percent, …
Negative Growth report from the Eurozone Bums U.S. Stocks Read More
While investors focused on better-than-expected corporate returns, retail sales for January came in lower than expected, and some analysts do not think the market can go much higher without a break. CNNMoney reports the Dow Jones Industrial Average nudged down -0.26 percent, -35.79 points, to end the day at 13,982.91. …
Major Indexes, Housing Stocks we Cover Rather Sluggish Read More
While U. S. stocks closed mixed for the day, investors were enough pleased with corporate earnings reports to send the Dow within 200 points of its all time high. CNNMoney reports the Dow Jones Industrial Average nudged up +0.34 percent, +47.46 points, to end the day at 14,018.70. The Nasdaq …
With the Dow and S&P up nearly seven percent and the Nasdaq up almost six percent this year, investors stepped back from the trading table as the three indexes dropped slightly. CNNMoney reports the Dow Jones Industrial Average nudged down -0.16 percent, -21.73 points, to end the day at 13,971.24. …
