Sunday, March 8, 2015

Apple in the Dow

Apple will be joining the country’s largest blue chip companies in the Dow Jones Industrial Average index on March 18. On March 9 it will also be having a media event for its new Apple watch.

Take a Dow, Apple

Berkshire Hathaway's Annual Shareholder Letter

2014 Annual Shareholder Letter

The Employment Situation Report for February

The February jobs report released by the Bureau of Labor Statistics this week showed U.S. nonfarm payroll jobs increased by 295,000 in February helping the unemployment rate to decrease to 5.5%. Economists had expected jobs to increase by 230,000 and the unemployment rate to fall to 5.6%.

Saturday, November 29, 2014

November 28 Trading Week

U.S. financial market indexes reported gains for the shortened holiday trading week. The Dow Jones Industrial Average ended the week at 17,828.24, up 0.11% for the week. The S&P 500 closed at 2,067.56, up 0.25% for the week.

GDP and information on the PCE Index were highlights for the week. The seasonally adjusted annual growth rate for GDP was revised up for the third quarter from 3.5% to 3.9%. The PCE Index showed a 1.4% increase over the one year period ending in October with a 1.6% increase when excluding food and energy.

Year to date the Dow Jones Industrial Average has gained 7.55% while the S&P 500 has gained 11.86%.