This was the worst week for the Dow Jones Industrial average in over a month as its 4 weeks winning streak ended. For the week the Dow lost 143 points. The latest readings on American Gross Domestic Product for the 2nd quarter of 2016 show the GDP fell below...
A better than expected July jobs report helped vault the markets into higher territory today. The U.S. economy added 255,000 jobs in July, well above the expected 180,000. The unemployment rate remained unchanged at 4.9% but today's unemployment report sent stocks on major upswing with the S&P 500 &...
Entering the final trading day of the week, the Dow had risen over 400 points during the three days prior, but today the winning streak ended. Stocks finished down across the board following the release of the May jobs report. There had been a great deal of discussion recently...
Stocks suffered a mid-week drop in part, due to a decline in energy stocks and increased confidence in the possibility of a December rate hike by the Federal Reserve. Fed Chair Janet Yellen said this morning that the U.S. economy is performing well and a December rate hike is...
Tuesday was a new day, but the same story on Wall Street—considerable losses in the face of declining oil prices. Oil fell another 4.3%, settling just under $48 a barrel. Prices haven't been this low since April 2009, the tail end of the Great Recession.
Stocks were hit to the tune...
U.S. stocks were down in Tuesday afternoon trading, following a day where mixed data drove continued volatility.
The Dow finished slightly down on Monday, marking the ninth consecutive trading session of alternating between gains and losses.
Today, comments from various Federal Reserve presidents and inflation concerns are the focus. San Francisco...
Friday the 13th was an unlucky day for Wall Street today as the Dow gave back most year to date gains. The Dow Jones industrial average briefly fell more than 200 points at one point in afternoon trading, with Goldman Sachs, Boeing, 3M and Wal-Mart contributing the most to...
A combination of falling oil prices and continued suggestions by Fed presidents that the Federal Open Market Committee (FOMC) may raise interest rates sooner rather than later caused markets to suffer some losses today. The President of the St. Louis Fed James Bullard was the most recent Fed president...
Despite rallying late in the day and finishing with some small gains, stocks suffered their worst week since February thanks to persistent worry over the strength of the global economy and the continued rise of the Yen against the U.S. dollar.
Stephen Freedman, senior investment strategist at UBS Wealth Management...
The Federal Reserve Bank could be raising interest rates sooner than you think. Around 8:30am Friday morning The Fed’s Jobs Report was released, and the news was mixed. This report has been touted as a key piece of data The Fed will use in deciding whether or not to...
