Weekly Market Wrap Up, September 29, 2014

Key News: After Alibaba’s shares leaped 38 percent on their first day of trading on Friday A decrease in investor purchases prompted an unexpected decline in sales of U.S. existing homes in August, indicating the housing rebound is not yet self-sustaining. Financial markets in Britain and around Europe generally welcomed Scottish voters’ rejection of independence […]

Weekly Market Wrap Up, March 17, 2014

Market Insight: The US quickly condemned Crimea’s overwhelming vote to join Russia. President Obama stated, “Crimea’s vote was made under duress of Russian military intervention, and no diplomatic solution was possible amid large scale Russian military exercises” First round of sanctions could come as early as today and EU leaders will meet to discuss the […]

Weekly Market Wrap Up, February 24, 2014

Last week, Facebook announced the acquisition of mobile messenger service WhatsApp for $19 Billion. WhatsApp will remain largely independent from the social network. The acquisition positions the company for even stronger growth on mobile phones, where advertising now makes up the majority of its revenue. Stocks jumped Monday, climbing to an all-time high as optimism […]