Led by a 4.2% rise in the price of oil the markets finished with modest gains today. The cost of oil jumped $1.18 to close at $29.53. Oil continued to hold near lows not seen since 2003. Weekly oil inventories showed a build in crude oil stocks and U.S....
U.S. stocks traded lower Monday, as investors watched the fallout from Greece’s credit crisis affect markets in Europe.
As negotiations over a potential Greek bailout program continued, European markets dropped as much as 5 percent due to the uncertainty that followed a speech by Greece’s Prime Minister Alexis Tsipras.
Tsipras reiterated...
The Dow Jones Industrial average and S&P 500 are currently riding session highs, having set new records in each of the past three trading days. However, Larry Fink, chairman and CEO of BlackRock, the world's largest asset manager told CNBC's Squawk Box that there is NOT enough evidence to...
Wall St. had a positive day Thursday as all three indices rose on a fresh batch of quarterly earnings reports and comments from the President of the European Central Bank that ECB rates would remain unchanged.
ECB President Mario Draghi said in a news conference:
"Short-term inflation expectations have declined but...
An increase in the price of oil and strong showings within the financial industry gave stocks a boost today. The Dow Jones industrial average added more than 160 points with Chevron and Goldman Sachs leading the Dow. Oill rose 4.5% closing at $42 per barrel (a 2016 high) following...
With the looming, monthly jobs report due out tomorrow, the market took a wait & see approach today with moderate gains. The healthcare sector saw the most advances as the S&P 500 closed above the 2,100 level for the first time since April.
Many investors on Wall Street are also...
U.S. stocks were higher on Thursday, as the market attempted to recover from a rough stretch that has wiped out all 2015 gains in the major indexes.
In the past four days, the Dow shed 500 points, while the S&P 500 tumbled almost 4% from its all-time high just 10...
U.S. stocks were lower on Wednesday, the first day of trading in the second quarter. The first quarter came to a disappointing end for investors yesterday, as a 200-point drop in the Dow sent the leading index back into negative territory for 2015.
The continued market volatility drove stock prices...
A surge in the energy sector pushed stocks higher Thursday, while investors considered the weekly jobless claims report.
The report released this morning showed 281,000 jobless claims, in line with expectations but slightly higher than last week’s figure of 268,000. This was the first report since Friday’s disappointing jobs figure...
U.S. stocks were higher on Wednesday, as the market attempted to recover from another damaging setback yesterday.
For most of Tuesday, the market appeared poised to recover a large amount of Monday’s losses, only to make a 180-degree turn in late trading and finish the day down about 1% across...
