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...
Falling oil prices put a drag on the stock market for the first day of August. Oil prices closed 3.7% lower at $40.06 per barrel after briefly dropping below $40. The big topic over the weekend was whether the Glass-Steagall Act should be brought back and if so, what...
The last few days of the first quarter were a microcosm of the first few months of 2015—wild, day-by-day volatility that ultimately resulted in stocks staying close to level. As the second quarter began on Wednesday, jobs reports and concerns over the upcoming earnings season swayed the market… Monday the...
It's widely known that Wells Fargo is a big bank. How big? With over $1.9 trillion dollars in assets, Wells Fargo has 8,600 stores and offices in all 50 states and over 13,000 ATMs. It has more stores and serves more communities than any other U.S. bank. At the...
The "Ides of March" did not bode well for Julius Caesar, and as for the stock market today- March 15th was fairly uneventful ahead of tomorrow's statement from the Fed.  The Federal Reserve began its two-day policy meeting today and speculation is that the F.O.M.C will leave short-term interest...
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...
U.S. stocks were slightly lower Tuesday, as stocks dropped following a worldwide drop in bond prices. At the start of Tuesday, 10-year benchmark Treasury notes had yields upwards of 2.3% for the first time in almost six months, reaching by far their highest point in 2015. European indices were lower...
U.S. stocks were mixed on Wednesday, as investors and experts looked towards data points for an indication of when to expect an interest rate hike. For weeks, Wall Street’s conventional wisdom has held that the first interest rate hike in nearly a decade will occur in 2015—but not likely before...
On the first trading day of the week investors seemed to be concerned about the very real possibility that the Fed may raise interest rates for the first time in over a decade when the FOMC meets for its two day policy session next month.  The CME Group reports...
Market volatility continued it's re-assault on Wall Street today as stocks ended their worst week since February. The CBOE Volatility Index, generally regarded as the best indication of fear & volatility in the markets, shot up more than 10% to its highest level since March 15th.-a near 7 week...