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...
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...
Stocks remained relatively flat to start the trading week, following a day off from trading to honor President’s Day. The Dow Jones and the S&P 500 showed little change throughout the day, while the Nasdaq managed to post some mild gains.
The Dow Jones finished at 16,130.79 (-0.15%)
The S&P 500 finished...
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...
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...
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...
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...
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...
Following a week of turbulence and volatility, Wall Street got off to another slow start Monday thanks to the continued decline of oil prices.
As of 2 p.m., the Dow was down almost 100 points, as crude oil prices continued their decline—as low as $45.90 a barrel at one point.
Goldman...
Fed Chair Janet Yellen and the F.O.M.C. decided at their September meeting to leave the federal funds interest rate alone at between .25%-.50% but left open the chance of an increase before the end of the year, possibly December. This decision by the Fed committee had a positive affect...
