Tradeline Financials - US Markets Update, Week 2 - 2015

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By: Tradeline Financials PR
 
Jan. 8, 2015 - PRLog -- Tradeline Financials is an independent, diversified financial services firm catering to all types of investors. Our goal is to understand, anticipate and meet our clients' changing financial needs with the vast array of high-quality products and services at our disposal.

Tradeline Financials - US Markets Update, Week 2 - 2015

Markets in US managed to halt a 5 day losing streak which has seen the S&P 500 drop almost 4.2% and its longest negative run in 13 months.

The major indexes saw marginal gains on Wednesday ahead of the December Fed notes release and some important labor data.

The Federal Reserve meeting notes are expected to show a strong indication that there will be no rate move before April 2015, a move many thought wouldn't happen till later in the year despite speculation that the markets and economy could handle an increase sooner.

The slump in oil prices along with slower growth in the services sector during December was the main call for the market's recent negativity however fears of Greece leaving the EU and the continued line by OPEC that there will be no reduction in supply obviously played a role.

Later today labor data should show that 226,000 jobs were added in December, well above the 208,000 added the previous month.

Major US Indices as of 7th January 2015:

Dow Jones - 17,584.52 (+0.84%)

S&P 500 - 2,025.90 (+1.16%)

NASDAQ - 4,650.47 (+1.20%)

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DISCLAIMER  The views, opinions, findings, and conclusions or recommendations expressed on this service are those of the author(s) and do not necessarily reflect the views of the Tradeline Financials. All market data within this release is for your general information and enjoys indicative status only. Tradeline Financials does not accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data.

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