U.S. stocks were higher Thursday, as investors reacted to the retail sales and jobless claims numbers.
Both reports were largely in line with expectations—retail sales for May were up 1.2 percent, as opposed to the expected 1.1 percent. Jobless claims fell within 2,000 of their expected total (279,000 actual vs....
The Consumer Sentiment Index is measured each month by The University of Michigan, and rates the optimism consumers have on the U.S. Economy. For the month of September, consumer sentiment came in at 85.7, well below the expectations of 91.2.
Oil prices dropped more than 3.5% in the morning following...
Today marked the start of the holiday shortened, Thanksgiving week on Wall Street & the markets spent most of the session trying to figure out which way was up. In the end: It was down. Earlier in the day, figures showed that the deadly attacks in Paris seemed to...
The release of the Federal Open Market Committee meeting minutes from October generated mostly positive responses from Wall Street today. The Dow finished up over 247 points; The NASDAQ over 89, while the S&P gained just over 33 points. The minutes revealed that the central bank's voting members believe...
U.S. stocks finished relatively flat on Monday as investors faced the one-two punch of uncertainty in the weather forecast and in overseas markets.
The big story on Wall Street Monday was the impending blizzard scheduled to hit New York City overnight. As of this afternoon, Wall Street hoped to open...
The Monday markets got a big boost from Apple as the computer giant rebounded sharply today adding nearly 4%-it's best day since March. The Dow finished up triple digits while the NASDAQ added 57. Apple's gain was part of an overall improvement in tech stocks. Energy issues also saw...
Ahead of a bevy of corporate earning reports this week, stocks moved back and forth on the first trading day of the week with investors on Wall St. waiting to see just how robust the U.S. economy is in the final quarter of 2015. Over the weekend, investors were...
At the midway point of the final trading week of January, U.S. stocks plummeted again following the release of a statement from the Federal Reserve declaring that the Board of Governors had decided to leave short term interest rates unchanged. The central bank said after its two day policy...
Markets finished in positive territory for the week after the Bank of Japan today surprisingly introduced a negative interest rate. The benchmark rate of -0.1% means that “commercial banks" in Japan will be charged by the central bank for some deposits as the Bank of Japan starts charging them...
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...
