What a wild & volatile roller-coaster ride, the last five days on the stock market has been. Last Friday the Dow plummeted almost 400 points. On Monday the blue chip index rose 240 points; Then on Tuesday the Dow dumped 258 points. After a drop of 32 points on...
The much anticipated jobs report for August came out today and the results marked another set of disappointing figures. Payrolls grew just 151,000 compared with expectations for 180,000. Job quality was also weak and salary growth slowed, and if it wasn't for a government hiring spree, the news would...
On the first trading day of September some discouraging news on manufacturing in the U.S. led to some nervous movements by investors. The ISM (Institute for Supply Management) manufacturing survey fell to 49.4 in August when it was expected at 52. Any reading below 50 is a sign of...
The last trading day of August had many investors pondering what September will bring to Wall Street. The markets have been well known to suffer in Septembers of the past. In fact its historically proven that the stock market has had its worst performances during the month of September....
The dollar was up again but oil was down, and so followed the markets today. Consumer confidence continues to rise slowly which fuels the fire of another possible rate hike by the Fed.
Eric Chemi wrote an interesting piece for CNBC today with the headline:
"A Market Adrift, Tied To Nothing,...
A mostly positive day on Wall Street thanks to improvement in the value of the U.S. dollar worldwide along with an increase in financial issues and materials stocks. After last week's turmoil in the markets over if and when the Fed might raise interest rates again, investors seemed pretty...
It was a relatively flat day on Wall Street, with small gains as markets struggled to gain any momentum following release of the July Fed minutes. General consensus from voting policymakers is that that more data is needed before another Fed rate hike is considered. Read the July Fed...
Stocks fell from their record highs today as comments from one of the Federal Reserve bank presidents spooked investors on Wall Street.
New York Fed President William Dudley said that a September rate hike "is possible."
Dudley told Fox Business Network-
"I don't think my views have changed very much. I think...
Monday marked a great start to the trading week for all three major U.S. stock indices. The Dow, S&P 500 & NASDAQ each closed at all-time record highs. Why and what does it mean? See more from CNBC's Bob Pisani below.
Meantime, one giant in the hedge fund industry-David Tepper...
The markets retreated a bit on the last trading day of the week but they are still at or near all-time highs. With that being, said you may be wondering what happened the last time all 3 major U.S. stock indexes were at all-time record highs? Well, that was back...
