Wall Street today gave back much of what it made over the first three days of the week thanks to disappointing earnings reports and poor performances from transportation & energy stocks. The Dow dropped below the 18,000 mark while oil settled $1 lower, or down 2.3% at $43.18 a...
U.S. stock futures stayed relatively level Tuesday as investors continued to digest news from the Euro zone, where the end of Greece’s bailout program continues to loom large.
Talks broke off abruptly Monday between Greek officials and representatives from other Euro Zone nations. An official from Greece Prime Minister Alexis...
U.S. stocks moved higher in Monday trading, as the market attempted to recover from its worst week since mid-January.
It’s hard to believe that the first quarter of 2015 is almost over, but tomorrow will mark the end of March. As of the start of this week, the S&P is...
U.S. stocks were lower Monday, as the leading Dow Jones index fell into the red for the year.
Investors began the week with concerns over the continuing crisis in Greece as well as volatility in the bond markets at home. 10-year Treasury notes soared to their highest levels in eight...
The Federal Open Market Committee has opted against raising the federal funds rate for July. As expected, the FOMC kept its overnight interest rate at 0.25 percent despite signs that the labor market has gotten stronger along with other signs indicating growth.
According to the Fed statement released today:
"Job gains...
U.S. stocks were higher on Monday, as Wall Street finally saw its' 7-day losing streak finally come to an end.
Investors were encouraged by some news from Greece, where Euro Zone officials suggested banks could get their first infusion of cash shortly, even prior to passing a stress test from...
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...
Despite the fact that only a paltry 38,000 jobs were added to U.S. payrolls in May and that the current U.S. economy continues to show signs of not being able to support an interest rate hike at this time, Fed Chair Janet Yellen today signaled that we may still...
Wall Street is now running a month and a half winning streak after finishing mixed today. The much anticipated jobs report from the Bureau of Labor Statistics for October far exceeded experts' expectations as it showed the addition of 271,000 jobs, thoroughly surpassing expectations of about 180,000, with the...
Poorly performing energy stocks and a significant drop in the price of oil made for a down day on Wall Street. U.S. crude oil dropped $1.52, or a fraction over 4.5% percent to finish the day at $31.87 a barrel. The Conference Board reported that its consumer confidence index...
