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...
U.S. stocks were lower Monday, beginning a week that follows new record highs on the S&P 500 and NASDAQ indices. The S&P moved up slightly Friday to eclipse its all-time record high by fractions of a point, while the NASDAQ soared past its previous high attained in March 2000. This week...
Wall Street suffered losses across the board as oil prices dropped and more Federal Reserve Bank presidents suggested the Fed might raise interest rates next month.  The price of a of crude oil plummeted to $41.75 per barrel, falling 2.8%.   San Francisco Federal Reserve President John Williams said...
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 slid early on Friday, as investors returned their focus to energy prices. Oil was down more than 1% in early trading, as word emerged of the passing of Saudi Arabia’s King Abdullah. No change in policy is expected, but uncertainty was enough to fuel concern on an already...
U.S. stocks were higher on Friday, as continued rises in the prices of both U.S. and Brent Crude oil gave investors confidence heading into the end of the work week. The Euro zone reported GDP figures that grew 0.3 percent in the final quarter of 2014—higher than the expectations of...
The next-to-last-day of 2014 was a tumultuous one on Wall Street, as low volume trading led to a decline of almost 2% in the utilities sector. Overall, 2014 has been a positive year for utilities, which are up more than 25%. That’s why many experts were caught off guard by...
Wall Street finished down yet again on Wednesday, as poor earnings figures compounded the worst retail sales number in a year. Earnings season is in full swing. The first taste of bad news came in the form of JP Morgan Chase reported a 6.6% drop in quarterly profits. This difference...
It’s been another ugly day on Wall Street Wednesday, with the Dow dropping 200 points by noon off continued fears over interest rate hikes. As the month of March—and the first quarter of 2015—winds to a close, investors are also expressing concern over how the stronger U.S. dollar will impact...
U.S. stocks were higher on Thursday, as investors digested a mixed bag of news and data. Widespread selloffs in government bonds pushed 10-year Treasury yields to their 2015 high of 2.25 at one point on Wednesday. Meanwhile, Federal Reserve Chair Janet Yellen offered her opinion that stock market valuations are...