PSEi 3,734.70 | up 68 | 1.86% value php 6.8B Dow Jones 10,320.10 +50.63 (0.49%) S&P 500 1,090.10 +9.81 (0.91%) Nasdaq 2,200.01 +23.17 (1.06%) Wall Street flutters about but decides to end the day half a percent higher on the Dow, and almost 1% up on the broader S&P. Asia was not that eager, trading [...] […]
PSEI 3,666.54 up73.13 Change 2% Value php 6,661,439,381 Dow Jones 10,269.47 +254.75 (2.54%) S&P 500 1,080.29 +30.96 (2.95%) Nasdaq 2,176.84 +62.81 (2.97%) Wall Street surges over 2.5 percent after strong U.S. and Chinese manufacturing reports relieved some of the mounting worries over the global economy. The Philippines had […]
PSEi 3,593.41 up 27 0.76% value php 6,835,298,232.17 Dow Jones 10,014.72 +4.99 (0.05%) S&P 500 1,049.33 +0.41 (0.04%) Consumer Confidence Index for August was 53.5, up from a revised 51.0 in July, and better than the 51.0 forecasted. While positive, the reading is line with consumer confidence a year ago, meaning little has changed […]
Finally, the DOW did what I had been expecting, which was to rebound from its current lows… The S/P looked to have fashioned out a bottom at the 1,039~1,040 levels, touching these levels two times this week alone. Remember that if we do rally up from here, this still instigates a higher low from that [...] […]
PSEI 3,558.67 DOWN 36.91pts -1.0266% VALUE PHP 3,648,989,614.50 Dow Jones 9,985.81 -74.25 (-0.74%) S&P 500 1,047.22 -8.11 (-0.77%) Nasdaq 2,118.69 -22.85 (-1.07%) The drop in US jobless claims sends the DOW up by 40pts in early trade, only to have news of a slowdown in manufacturing growth in August trigger a mild selloff with the [...] […]
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