Volatility and concern over world markets was still very evident at the start of Tuesday trading as the markets struggled to regain any of the substantial losses from the prior day.
Following Monday's performance the major averages remained in correction territory- more than 10 percent below their 52-week highs.
Continued signs...
U.S markets opened the final week of September 2015 with a nervous level of uncertainty on the ambiguity of a possible future rate hike by the Fed, along with more worries about the global economy. The S&P 500 dropped over 2.4%, falling below the emotionally important level of 1,900...
Janet Yellen has spoken. The Federal Reserve announced Thursday that they will not raise the key interest rate in September. Many investors speculated that a raise in interest rates wouldn't bode well for the stock market. It seems that the stock market was doomed either way, as the Dow...
After much anticipation The Federal Open Market Committee has announced it will not raise interest rates this month. Fed Chair Janet Yellen stated at a press conference that their decision to keep interest rates where they are was based on instability in foreign markets, especially China, and that the...
Today marked the start of the Federal Reserve's two-day meeting to decide whether or not to raise interest rates. The debate on what should be done marches on and Wall Street is divided. It seems nobody wants to make any big moves until the final announcement is made Thursday afternoon.
Asians...
The Consumer Sentiment Index is measured each month by The University of Michigan, and rates the optimism consumers have on the U.S. Economy. For the month of September, consumer sentiment came in at 85.7, well below the expectations of 91.2.
Oil prices dropped more than 3.5% in the morning following...
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...
All eyes were focused on Europe early Thursday, as President of The European Central Bank Mario Draghi announced he would add 1.2 trillion dollars to the over 66 billion dollar quantitative easing program that was already in place. Draghi cited turmoil in China and slow global growth as his...
The Federal Reserve released its “Beige Book” on Wednesday, which reports on our nation’s current economic conditions. Their report was largely positive, causing a recovery among all three major U.S. market indexes.
The key findings in The Fed’s report were that businesses are offering higher wages to their employees, the...
After a horrendous August, September (Wall Street’s worst month historically) comes in like a bear. U.S. stocks plummeted Tuesday as fears about China and oil prices caused significant drops across all three major U.S. indexes yesterday. Dropping 3%, it marked the third largest daily decline for 2015.
Two separate reports...
