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Showing posts from June, 2014

Shesa's JUNE 2014 INVESTMENT BLOG

                        21 June 2014 JUNE 2014 Investment Blog Shesa Nayak    USA Stock Market Commentary Hello and Welcome to my June investment blog. The US Stocks saw a modest gain this Friday, pushing S&P 500 and DOW Jones Industrial to a string of record closes and lifting NASDAQ to its strongest finish in 14 years. The DOW closed this Friday at 16,947.08, S&P 500 closed at  1962.87 and NASDAQ closed at 4,368.04 points . Both DOW and S&P 500 are at a striking distance for 17,000 and 2,000 marks . Now it will be interesting to see whether NASDAQ will be able to shatter its all time high of 4572.73 set during April 2000.   On other economy news , the US manufacturing expanded at a healthy pace, US employers added 217,000 jobs in May, unemployment benefits claim dropped, Merger & Acquisitions continues. On the world front,...