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...
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...
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...
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 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...
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...
Following the horrific terrorist attacks in Paris, U.S. markets advanced in all three major indices in the first session since Friday's barbaric actions at six different locations in the French capitol. Generally in the first week following an international terrorist act, markets experience a substantial dip. For example: following...
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...
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...
