U.S. stocks were higher again Thursday, as oil prices staged a rally from near 7-year lows earlier this week. Oil prices jumped more than 10% to $42.52 per barrel—up from the week’s low point of $38.95 per barrel. Investors were encouraged by the first positive day in some time on the...
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...
U.S. stocks were down on Tuesday, as the major indices attempted to move out of correction territory after another disastrous day Monday. The Dow just wrapped up its worst three-day stretch in history, losing a total of 1,477 points since Thursday—approximately 9% of the Index’s total value. While Tuesday was being...
U.S. stocks were down dramatically Monday, as investors braced for an historically bad day on Wall Street. The Dow was down over 850 points within minutes of the opening bell. NASDAQ was down 370, with the S&P 500 down close to triple digits. All three major indices are sharply into...
U.S. stocks were hammered on Thursday, as investors continued to fret over the dropping price of oil. Crude oil dipped below $40 per barrel early on Thursday, a fresh 6 ½ year low for prices. The latest drop was buoyed by an unexpected surplus in the latest report on U.S....
U.S. stocks were down Wednesday, as another turbulent day in the Chinese market had spillover effects to the United States. The Shanghai Index tumbled another 5% within Wednesday’s session, before recovering to finish up more than 1%. But the intra-day volatility impacted other Asian markets such as Japan and Singapore,...
U.S. stocks traded lower Tuesday, after another drop in China’s Shanghai Index dulled investors’ reactions to positive housing data. Overnight, the Shanghai Index dropped another 6.1%, undoing a week’s worth of slow recovery in a market that’s had a disastrous summer. Renewed concerns over further devaluation of the yuan—China’s main currency—were...
U.S. stocks were higher Monday, after shedding almost 1% in early trading. The continued slide in oil prices worried investors, as experts said the trend was becoming ‘problematic’ due to the inability of prices to find any sort of stability. As of this morning, West Texas crude oil prices stood just...
U.S. stocks were mixed Thursday, as investors digested numerous data reports and the slide in oil prices continued. Oil prices tumbled yet again, this time to $42.17 per barrel. Each decline is setting a new six-year low at this point—meaning oil prices haven’t seen levels this cheap since 2009. Weekly jobless...
U.S. stocks finished flat on Wednesday, as investors continued to show growing concern over global growth. A topsy-turvy day saw the Dow drop 277 points in morning trading, before an afternoon rally returned the index to its starting point. The Chinese yuan declined yet again, as the People’s Bank of China...