Tag Archives: Service Sector

Your Thursday Blip 3/4/21

Markets took a tumble after Federal Reserve Chair Powell said he expects economic reopening to cause inflation but added that price increases will not be enough to cause the Fed to raise short term interest rates. During the day the Dow traded in positive territory thanks to strength in value stocks but at the close…
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Your Monday Market Blip 11/6/17

It was a busy day to start the week as the age of disruption marches on. The Dow posted a modest 9 point gain to 23,548 on flat trading volume. The US service sector grew in October at the fastest rate since 2005 hitting a reading of 60.1 as sixteen of the eighteen industries reported…
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Your Thursday Market Blip 4/6/17

Stocks posted low volume gains ahead of tomorrow jobs report. IBD noted that the rally is under pressure and has been experiencing some institutional selling of late. At the close the Dow was up 14 points to 20,662. Yesterday’s market action showed that for now at least, markets are under pressure and need some type…
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