• Wall Street Tumbles on Concerns Over Italy's Political Turmoil

    21 days ago - By NY Times

    The S&P 500 and Dow Jones Industrial Average touched near three-week lows on Tuesday as investors switched cash into perceived safe havens of global financial markets due to a deepening political crisis in Italy.
    Read more ...

     

  • Italian Chaos Weighs On Dow Jones Industrial Average

    21 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis kicks off the new trading week with an update of the important technical levels to watch for the major U.S. averages.
    The market opened lower on Friday, as Durable Goods came in slightly lower than expected. Most of the weakness was due to the transportation sector, suggesting that GDP may still be inline. Michigan Consumer Sentiment came in about where expected.
    The major indices traded in a narrow range on Friday, before the long holiday weekend. Many traders may had left early, as volume was extremely low. Energy prices...
    Read more ...