U.S. stocks were lower on Thursday, as hopes of averting the debt crisis in Greece were dashed overnight.
Wednesday saw the markets recover from a Tuesday sell-off, partly on the strength of Greek optimism regarding a deal to solve the nation’s ongoing credit crisis. But European officials denied claims that...
Wall St. moved in a positive direction today as stocks traded mostly higher following the release of the minutes from the Fed's September meeting, which indicated that policymakers were worried about slower economic growth around the world. According to Myles Clouston, senior director at Nasdaq:
"The Fed minutes from September...
"The Markets will have a day of reckoning!"
Those were the words of billionaire investor Carl Icahn, who told CNBC's Power Lunch today that he is "extremely cautious" on the U.S. markets. The result of his warning was a big drop on Wall Street today as The Down dropped over...
The first trading day in June was highlighted by a recovery in oil prices and an unexpected boost in manufacturing which led to modest gains on Wall Street.
However, bond behemoth Pimco stated in its latest projections today that the stimulus program undertaken by the U.S. Central Bank is "losing...
U.S. stocks were largely split on Wednesday, as gains in Disney and consumer discretionary spending battled against the screeching halt of the oil rally.
The Dow lost 510 points in the last week of January, but regained all but nine of them in the first two days of February trading....
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...
The Federal Reserve released its most recent "Beige Book" today. The summary on current economic conditions by the Fed indicated that "economic activity has increased in most regions & consumer spending rose in most districts."
The business activity snapshot further complicates the Federal Open Market Committee's process of determining...
As the markets finished with gains across the board today, came news that should be very disheartening to women. According to The National Institute on Retirement Security, a nonprofit research center, women are 80 percent more likely than men to be face poverty at age 65 and older. Women...
U.S. stocks were down Monday, as investors wait for the final details of Greece’s bailout extension.
News of the extension pushed the Dow and S&P 500 to record closes Friday, when it was announced that Euro zone finance ministers had agreed to continue the bailout process through June. The deal...
The first trading week on Wall St. continued to be one that investors will soon want to forget. Once again all of the major indices suffered big losses, thanks to the continuing devaluation of China's currency. Reuters reported that-
"China's central bank is under increasing pressure from policy advisors to...
