2015-04-29 DOW JONES The Dow ended the day higher on Tuesday supported by strong earnings from Merck and gains in IBM after it boosted its dividend. Adding to market volatility just before the close, shares of Twitter dropped by approximately 24 percent after results were published lower than expected. IBM shares rose 1.9 percent, giving the Dow a very strong boost. The company increased its quarterly dividend by 18 percent, the biggest increase in five years. Shares also closed above their…
Thursday’s bond market has opened flat with only minor economic data posted today. The stock markets are fairly calm also with the Dow currently down 5 points and the Nasdaq down 3 points. The bond market is now nearly unchanged from yesterday’s closing level, but due to weakness late yesterday we will likely see an increase in this morning’s mortgage rates of approximately .125 of a discount point if comparing to yesterday’s early pricing. www.mortgageprosus.com/DailyRateLockAdvisory
Republicans Call for Trump to Bow Out of Election Confirming They Are Conspiring With Hillary | Armstrong Economics
US30 Index CFD closed higher on Wednesday. Today's low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow extends the rally off August's low into uncharted territory, upside targets will be hard to project. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted.