Stocks Extend Losses on Lackluster Earnings, Russian Sanctions and Decay in German Business Confidence – NASDAQ.com
Last weeks market action, a big dip followed by a quick rebound, has happened on other occasions this year. The S&P 500 slumped 1.2 percent July 17, the biggest one day drop in more than three months, as investors worried that geopolitical tensions would escalate after a Malaysian airliner was shot down over rebel-held eastern Ukraine. But instead of marking the start of a wider decline, the market rebounded on Friday as investors focused on strong corporate earnings in the U.S. Stocks also fell on July 10, although to a lesser degree, following worries about the soundness of Espirito Santo International, a holding company that is the largest shareholder in a group of firms, including the parent of Portugals largest bank, Banco Espirito Santo.
Rebalancing is nothing more than selling high and buying low, over and over, programmatically. If you own a portfolio with a variety of asset classes, eventually they begin to diverge in valuation. Stocks may run higher relative to bonds. International equities may fall relative to U.S.
Most active Nasdaq-traded stocks – Yahoo News
fell .2 percent to $41.80 with 15,801,200 shares traded. NewLead Holdings Ltd. fell 19.8 percent to $.15 with 25,942,200 shares traded. PetSmart Inc.
You Can Retire Rich Without High Risk – Forbes
Russian stocks were down 1%, extending their losses for the year. German business confidence fell for a third month in a row as geopolitical tensions continued to take their toll. Most European markets were weaker in early trade, although robust U.K. GDP data helped keep the FTSE 100 steady.
Premarkets: 6 things to know before the open – Jul. 25, 2014
firms. Consumer discretionary stocks were taking the biggest hit, largely due to disappointing earnings from Amazon top 10 stocks for today ( AMZN ), fueling a near 1% loss in the Nasdaq Composite, while the Dow Jones Industrial Composite is lower for the third straight day after component company Visa ( V ) shed as much as 5% today after trimming its FY14 revenue forecasts. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc. Copyright (C) 2014 MTNewswires.com. All rights reserved.