Morning Notes

06/10/2015 Argonaut Morning Note

U.S. stocks rose on Monday after markets in Asia and Europe rallied. The ISM Services Index, which measures the strength of the U.S. nonmanufacturing economy, slowed to 56.9 in September from 59 in August. Economists had expected a more modest decline to 58. At the close the Dow and the S&P 500 were both up around 1.8%, while the NASDAQ was 1.6% higher.

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05/10/2015 Argonaut Morning Note

Stocks pared early losses and rallied to end higher on Friday as investors weighed the impact of a disappointing jobs report. The swing from losses to gains in the S&P 500 and Dow was the largest in four years.

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02/10/2015 Argonaut Morning Note

U.S. stocks ended mixed Thursday as concerns about global growth and its impact on U.S. economic health kept the desire to buy beaten-down stocks in check.

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01/10/2015 Argonaut Morning Note

U.S. stocks posted strong gains on the last day of the third quarter, driven by gains in the consumer discretionary, materials and health-care sectors, but stocks were set to finish the quarter with overall losses.

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30/09/2015 Argonaut Morning Note

U.S. stocks wobbled between gains and losses as beaten-down health shares rebounded. The Dow finished up 0.3% to 16,049, while S&P500 advanced 0.1% to 1,884. Global stock markets have been sliding in recent sessions because of renewed worries over slowing growth and questions over the Federal Reserve's plan for raising interest rates. In Europe, troubles at Glencore as well as an emissions scandal at Volkswagen AG have added to investor unease.

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