The stock market finally ended its losing streak on Wednesday, as investors happily grabbed a hold of any good news they could find.
This morning it was oil rallying for the first time in days—up by over 3.5 percent at one point. Energy producers, in turn, led Wall Street gains....
Stocks finished mixed over a bevy of economic reports on the last full trading day before the Thanksgiving holiday. The market is closed on Thursday and will close at 1pm on Friday. Following up & down earnings results from retailers, analysts are watching for indications on consumer spending especially...
An extremely volatile day on Wall Street saw markets suffer big losses as the S&P 500 gave back all of its gains for 2016 and the Dow Jones Industrial Average suffered triple digit losses. The fact that the Japanese Yen continued its strength against the U.S. dollar increased worries...
Volatility was the story yet again on Wall Street Tuesday. The stock market roared out of the gates this morning, jumping more than 200 points in the first half-hour of trading. By noon, the gains had slowed but the market was still well ahead for the day. But by...
On the last trading day of the week, Wall Street finished on a down note with all three major U.S. indices suffering substantial losses.
The main culprits:
Worry over the "Brexit" vote
Drop in price of oil
Lag in financial stocks
In reference to a forthcoming "Brexit" vote later this month in Britain, (whether...
CNBC reported late today that the Fed is telling banks to prepare for the possibility of negative interest rates.
"For the first time ever, the governing agency and U.S. central bank is requiring banks to include, in a round of stress tests commencing this year, to prepare for the possibility...
U.S. stocks experienced considerable volatility on Wednesday, as investors digested the Federal Reserve’s statement at the end of their two-day meeting.
In this afternoon's announcement, the Federal Reserve removed the word 'patient' from their outlook on a forthcoming increase on interest rates. The change in language is believed to signal...
At the start of what will be a shortened trading week, due to markets being closed this Friday for Good Friday observances, Wall Street made some small gains. Stocks are currently riding a 5 week win streak as both the Dow Jones industrial average and S&P 500 have moved...
On the first trading day of the week came a report from investment banking giant Morgan-Stanley that it has increased it's probability that a recession will hit the global economy within the next year from 20 percent to 30 percent. Read more from CNBC here.
Among Morgan-Stanley's list of chief...
Wall Street thought they dodged a bullet when the "Blizzard of 2015" fizzled into little more than a nuisance in New York City. Little did they know more trouble was around the corner.
Stocks took a nosedive from the opening bell on Wall Street Tuesday, as several major corporations reported...
