All posts by Phil Cannella
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Market Watch: Worries Over China Continue
U.S. stocks finished flat on Wednesday, as investors continued to show growing concern over global growth. A topsy-turvy day saw the Dow drop 277 points...
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How China’s Currency Affects The U.S. Economy
Wall Street’s markets have been in full-fledged panic mode since yesterday morning. The Dow shed 1.3% on Tuesday, and dropped another 1% at the start of...
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Market Watch: Currency Devaluation Hurts Wall Street
U.S. stocks were lower on Tuesday, after a surprise devaluation of the Chinese yuan took away the momentum of yesterday’s rally. On Monday, the Dow...
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Department Of Labor Begins Fiduciary Hearings
The long debate over conflicts of interest on Wall Street will reach its boiling point this week, when the Department of Labor (DOL) hosts numerous...
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Market Watch: Major Indices Attempt To Rebound
U.S. stocks were higher on Monday, as Wall Street finally saw its’ 7-day losing streak finally come to an end. Investors were encouraged by some...
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Market Recap for Week of 8/3—8/7
It was a disastrous week for Wall Street, as the Dow lost ground every day this week, extending its losing streak to seven days overall!...
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Puerto Rico Defaults On Government Debt
The financial story of the summer has been trouble overseas—specifically, a debt crisis in Greece and a market crash in China. But a story developing...
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Market Watch: Wall Street Eyes Oil Prices
U.S. stocks were even on Tuesday, as investors kept a wary eye on oil prices that continued their July plummet on the first day of...
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Understanding the Chinese Stock Market Crash
If you tried to describe 2015 on Wall Street to this point, the best word might be ‘volatility.’ We’re not even at the end of...
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Market Watch: Stocks Waver After GDP Updates
U.S. stocks were flat on Thursday, as investors considered the latest GDP figures from the Commerce Department. First-quarter GDP was revised to a figure of...
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