The market displayed some explosive volatility today and eventually continued its downward slide from last Friday. At one point the Dow Jones Industrial Average was down over 400 points before recovering half the losses.. The major concern today was worries over global growth. Kate Warne, investment strategist at Edward...
Corporate America has been busy this week, and so followed the stock market. After starting the week off pretty tame, investors sprang into action yesterday and today after a bundle of reports came out that often have an influence on the market. Among the reports were some red flags...
Stocks rose across the board on the first Monday in October. IBM was responsible for a big chuck of the gains on the Dow, along with energy stocks while the S&P 500 and Nasdaq moved back into the black for the first time this year. The S&P rose a...
The middle of the trading week was an up and down affair as stocks floundered for most of the day. A big bite was taken out of Apple as stock in the world's biggest company slumped by as much as 3.5% before finishing down 3.15%. According to foxbusiness.com:
Credit Suisse said...
Stocks finished the day mostly lower on declines in health care and technology stocks, as Apple fell to a level not seen in nearly 2 years. The retail sector also took another hit as Nordstrom stock fell 14% on disappointing 1st quarter earnings. Today's market news was also highlighted...
Unemployment fell to 6.7% from 7% today. Great news? Apparently not...
The new "unemployment rate" was coupled by a jobs report that fell very short of the economists expectations. The economy only added 74,000 jobs in December when economists were predicting 193,000.
So why the extreme contrast in data?
The unemployment rate...
It’s out of the frying pan and into the fire for Wall Street today.
After limping away from the last days of September, stocks took another big hit today as the Dow fell over 240 points and the S&P dipped another 1.3%. As of 2:00 p.m. today, the losses on...
U.S. stock markets finished Tuesday mostly flat, after a day filled with uncertainty due to oil prices and 4th quarter earnings.
It was a bad morning on Wall Street, as the Dow fell over 100 points during the early part of the session. Oil prices dropped almost 5% on Tuesday...
Wednesday was a good day for the Dow as the index finished up triple digits. Goldman Sachs and IBM contributed the most to gains. Oil also closed at a 2016 high, rising above $49 per barrel. Energy, materials and financials traded more than 1 percent higher.
It's been the best...
But investors aren’t wiping the 2014 sweat from their foreheads just yet. December’s jobs data delivered an unexpected drop in the unemployment rate but was dwarfed by the even less expected weak number of jobs gained in December.
The Dow Jones finished at 16,483.26 (+0.67%)
The S&P 500 finished at 1,848.39 (0.52%)
The Nasdaq...
