The positive feelings on Wall Street were wiped out in a mere hour this morning, as stock prices tumbled in the wake of a double-dip of bad news.
At one point, the Dow was down 130 points for the day. Prices made some recovery before the close of business, but...
U.S. stocks tumbled again Friday, creating a sour finish to what’s been an ugly month on Wall Street.
Both the Dow and S&P are down at least 2% in this first month of 2015, as continued volatility and fear over dropping oil prices have ruled the markets in January. Even...
The markets spent the entire week following the news from Greece—and as the Greek government and European officials struggled to reach a deal, U.S. markets turned in a sub-par performance. As a result, the Dow stands at just +0.7% for the year, with Tuesday marking the halfway point of...
Amid a whirlwind of global activity, including the shoot-down of a Russian fighter jet by the Turkish military, Wall Street made some modest advances today thanks to gains in oil prices and energy stocks. Chris Faulkner-MacDonagh, market strategist at Standard Life Investments commented on today's event near the Turkish-Syrian...
U.S. stocks were higher Tuesday, as investors turned away from concerns over the Greek credit crisis and looked toward tomorrow’s Fed meeting minutes.
The Dow regained much of its’ 107-point loss from Monday, as European equities stabilized amidst the ongoing controversy over Greece’s bailout conditions. The Greeks have a 1.7...
The last session of the trading week saw the 2nd consecutive day of big losses on Wall Street as investors struggled with oil and economic data in the aftermath of the Federal Reserve's rate hike Wednesday. The Dow dropped over 370 points while the NASDAQ fell below 5,000. Ben...
Despite surprisingly strong retail sales figures from Walmart & The Gap today , the markets suffered across the board losses. It comes on the one year anniversary of the Dow's last record high: (May 19, 2015- 18,312)
History says the stock market is not likely to hit a new record...
Energy stole much of the focus today as the price of oil closed above $50 a barrel for the first time since last July. That helped the energy sector gain nearly 2% but the bio-tech division was down 2.5%. Only the NASDAQ finished in the red.
Yesterday, the S&P 500...
As the price of oil hit a 3 month low & Facebook stock hit an all-time high, the big story to hit the financial headlines today was an interview that appeared on CNBC with Terry Chan-head of S&P Global Ratings Analytical Research. The focus was on corporate debt and...
The start of a fresh trading week on Wall Street meant stale results for the Dow and NASDAQ as the Dow Jones industrial average dropped by over 132 points in afternoon trading before settling at 17,732. Visa, Microsoft and Apple were among the Dow's biggest losers today. The...