Stock Market Recap for 3/9-3/13
Again, volatility was the name of the game on Wall Street this week. The market primarily followed the value of the U.S. dollar and the price of oil, both of which experienced wild swings in both directions. By the end of the week, all 2015...
Wednesday was a short, quiet day on Wall Street as the markets closed at 1 p.m. in observation of the Christmas Eve holiday.
During the brief trading day, most investors chose to focus on the weekly jobs report, where claims fell below 300,000 to bring some holiday cheer to the...
All eyes were focused on Europe early Thursday, as President of The European Central Bank Mario Draghi announced he would add 1.2 trillion dollars to the over 66 billion dollar quantitative easing program that was already in place. Draghi cited turmoil in China and slow global growth as his...
Wall Street's losing streak continued for a 3rd consecutive day as the week remained in the red. The S&P 500 dropped into negative territory for the year, while the Dow has now lost over 353 points this week alone. The NASDAQ is down nearly 119 points so far this...
The market volatility from the last two days continued on Wall Street with the release of the latest minutes from the U.S. central bank's April policy meeting. After being up by 100 points midday, the Dow quickly dropped into red figures following the release of the Fed's April minutes.
According...
The first day of the last trading week of April signaled another bad day for financial stocks as the industry remains the worst performer of 2016. Goldman Sachs contributed to most to declines. Wall Street Dick Bove, vice president of equity research at Rafferty Capital Markets said today about...
Several key issues, including continued worry over the global economy had Wall Street investors running scared again today after the Federal Reserve released its minutes from last month's policy meeting in which they decided to raise interest rates. The minutes showed that some of the Board of Governors on...
U.S. stocks were higher on Thursday, as markets attempted to recover from early setbacks in the Euro Zone.
The European Central Bank (ECB) revoked a previous policy that allowed banks to use Greek government debt as collateral for loans. This had a significant impact because many banks are invested in...
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...
Energy stocks- specifically oil- put a damper on today's meager market gains. The price of oil dropped another 3.3% settling below $29 a barrel. The International Energy Agency, which advises industrialized countries on energy policy, said the overstock of oil would last until at least the end of this...
