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...
Following the worst quarter in 4 years, stocks finished the 1st day of the 4th quarter in mixed fashion. Stocks initially fell on the first day of October after the release of The Institute for Supply Management's (ISM) Manufacturing Index which dipped to it’s lowest level since May 2013...
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...
Today President Donald Trump followed through on another one of his campaign promises by signing an Executive Order designed to reduce the number government regulations and help American businesses. By signing the order Trump commands all federal agencies (starting in 2018) to create "regulatory reform" task forces which will evaluate...
The good news is, the recent volatility market slowed down this week. The bad news? It ended with four consecutive losing days! Concerns over an impending interest rate hike plus worries over the strength of the U.S. dollar sent the Dow and S&P down by more than 2% this...
The first trading day of November was marked by continued negative economic news out of China and lower oil prices but the markets gained ground none the less. The Dow ventured into positive territory for the first time in 2015, while the S&P 500 closed above 2,100 for the...
On the first trading day of the week investors seemed to be concerned about the very real possibility that the Fed may raise interest rates for the first time in over a decade when the FOMC meets for its two day policy session next month. The CME Group reports...
U.S. stock futures finished slightly up on Monday, extending yet another on both the Dow and the S&P 500.
Despite the continuation of disappointing economic data from the first quarter of 2015 into the second quarter, the market has moved higher in the past few weeks. Highlighted by S&P 500...
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...
More disappointing economic data combined with concerns that the Federal Reserve will decide to raise interest rates in December led to another dismal day on Wall Street. The concern is that not only will an increase affect the rates banks charge each other to borrow, but it will also...
