Category Archives: Economy/Stock Market

For the week ending March 13, 2015, the Dow and S&P 500 had their third straight week of losses, which sent both back into negative territory for the year.

Friday’s session ended in red territory with Energy stocks leading the way, capping off a volatile week. During the week, stocks traded lower amid a further retreat in oil prices and a variety of economic news. U.S. factory orders declined in November, as new orders for manufactured goods fell 0.7%. However, the week’s news wasn’t all bad. The U.S. foreign trade gap narrowed to $39 billion in November from $42.2 billion in October. The ADP Jobs Report showed the private sector added 241,000 net positions in December, exceeding November’s addition of 227,000.

Now that the midterm elections are over and we have an idea of the direction our government may move in regards to immigration or health care, we wanted to take a look at some sectors we think may be affected by the results.

Friday’s solid employment news wasn’t enough to erase the markets’ tumble for the week.

Weak reports from Europe cause American investors to pause, resulting in the markets tumbling for the week.