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Video: Reuters Business Recap for the Week of October 1, 2007

Posted by Sun on October 6, 2007 (3) Comment

When the Dow hit the intra-day low of $12,455 on August 16, 1,545 points or 11% below its peak of 14,000, the talks were all about how the economy will slide into recession. And the 4,000 job losses in August’s payroll number made the recession look inevitable. Though the possibility is still there (former [...]

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Video: Reuters Business Recap for the Week of September 24, 2007

Posted by Sun on September 29, 2007 (2) Comment

The last trading week of the month ended on the up note despite the moderate decline on Friday. With the lack of other significant economical and policy news, the contract agreement reached between GM and the labor union grabbed the headline last week and was hailed as a landmark contract that could bring competitiveness back [...]

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Video: Reuters Business Recap for the Week of September 10, 2007

Posted by Sun on September 15, 2007 (8) Comment

After two consecutive losing weeks, major indexes rose last week, thanks to two triple-digit gain trading sessions for the Dow on Tuesday and Thursday. Investors were encouraged by the news that consumers are still spending though the retail sale numbers came in lower than expected. Meanwhile, concerns over the availability of credits that fueled the [...]

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Video: Reuters Business Recap for the Week of September 3, 2007

Posted by Sun on September 8, 2007 (1) Comment

Didn’t you enjoy this market?
In the past two months or so, three-digit move of the Dow either way almost became a daily event. One day investors would feel the summer slump of stocks is not justified by the fundamentally sound economy and return to the markets to pick up bargains and that could send [...]

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Video: Reuters Business Recap for the Week of August 27, 2007

Posted by Sun on September 2, 2007 (2) Comment

A turbulent week ended on a up note Friday as investors reacted positively to the housing initiatives proposed by President Bush and comments made by Fed Chairman Bernanke. The week started with two days of sell-off as the Dow lost 337 points in the first trading session, but only to recoup most of the loss [...]

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Video: Reuters Business Recap for the Week of August 20, 2007

Posted by Sun on August 25, 2007 Comments Off

The stock market’s recovery continued last week as the S&P 500 registered its biggest weekly gain since March. On Friday, US stocks got a boost from better-than-expected economic news. Durable goods orders for last month showed a strong gain of 5.9%, while new home sales increased an annual rate of 2.8%, according to the Commerce [...]

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Video: Reuters Business Recap for the Week of August 13, 2007

Posted by Sun on August 18, 2007 (1) Comment

What a week!
After three losing sessions early in the week, the stock markets made a huge comeback Thursday. At one point, the Dow was down some 340 point, only to finish the trading day 15 points lower from the previous session. the S&P even made to the positive territory with a gain of 5 points. [...]

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Video: Reuters Business Recap for the Week of August 6, 2007

Posted by Sun on August 11, 2007 (1) Comment

The markets have gone through another roller coaster ride last week as subprime crisis deepened and other countries started to feel the pain of the fallout. Though the interventions from central banks eased investors’ nerve a little bit, the crisis is far from over. There are even predications that this could be the beginning [...]

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Video: Reuters Business Recap for the Week of July 23, 2007

Posted by Sun on July 28, 2007 Comments Off

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Video: Dow 14,000

Posted by Sun on July 19, 2007 (9) Comment

Last time the Dow reached a milestone as April 25, 2007 when the index closed above 13,000 point for the first time. It took the benchmark 6 months and 5 days to go from 12,000 to 13,000. This time around, it needed only 2 months and 24 days to break through the 14,000 level.
Is [...]

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