For the second day in a row Wall Street was singing the blues as financial stocks and falling oil prices led decliners. The S&P 500 dropped 1% eliminating most of its gains this year, while the Dow Jones Industrial Avg. suffered its first triple digit loss in almost a...
The first trading day of the week was a downer for investors as the volatile price of oil continued to exert its influence on the markets. U.S. crude oil settled at $35.70 a barrel, down $1.09 or 2.96 percent, ending at its lowest level since March 4th. What's causing...
After a horrendous August, September (Wall Street’s worst month historically) comes in like a bear. U.S. stocks plummeted Tuesday as fears about China and oil prices caused significant drops across all three major U.S. indexes yesterday. Dropping 3%, it marked the third largest daily decline for 2015.
Two separate reports...
For the first time since the beginning of the stock market's recent dramatic downturn two weeks ago investors are starting to use the phrase "bear market" to describe what may be currently happening on Wall Street. Stocks closed down 2% after hitting a near 15-month low on low oil...
After much anticipation The Federal Open Market Committee has announced it will not raise interest rates this month. Fed Chair Janet Yellen stated at a press conference that their decision to keep interest rates where they are was based on instability in foreign markets, especially China, and that the...
The last day of November meant Cyber Monday savings for millions of online shopping Americans. Cyber Monday is marking it's 10 year anniversary this year, trying to persuade people to shop via the internet. The term was first used on November 28, 2005 by Ellen Davis who stated in...
The first day of the trading week on Wall Street was covered in red as all three of the major indices took a hit. The energy sector was the biggest loser with oil down $2.32 to $37.65 a barrel, the lowest level since February 2009- A seven year low....
After a long losing streak, Wall Street enjoyed a second consecutive positive finish on Thursday as markets rallied behind continued steadiness in oil prices.
Oil prices have been slashed by more than half in the past six months. So two consecutive days without further dips in prices was welcome news...
The big news of the day: The Federal Reserve decided to maintain the status quo on interest rates. Following its 2 day, closed door policy meeting, Fed Chair Janet Yellen announced that the Fed had pulled back on its prediction of 4 rate hikes this year, and instead believes...
The second day of the trading week saw the NASDAQ post its first 4-day losing streak since January as the tech index closed in the red for the year. The day was also highlighted by a big jump in the cost of oil. The price of a barrel of crude...
