Stocks were sharply lower on Tuesday, as another dip in oil prices concerned investors. Brent crude prices fell almost 4 percent in early trading Tuesday, while U.S. crude prices dropped below $50 per barrel yet again with a drop of 3.4%. Adding to concerns was the fact that the price...
U.S. stocks moved forward to open the week on Monday, as investor sentiment rebounded from over the better-than-expected jobs report from Friday. Many believed the report will play a considerable role in leading to an interest rate hike. An increasing number of experts called for a June rates hike following...
Stocks prices stayed relatively flat Thursday, as investors prepared for tomorrow’s jobs report—the data highlight of the week and often, the information that sets the tone for the month. Yesterday, stocks suffered a second consecutive losing day after a payrolls report—often seen as a precursor to the jobs report—showed only...
U.S. stocks were lower in trading Wednesday, as a busy day for data took shape for investors. This morning, the ADP private payrolls report showed a gain of 212,000 jobs in February. Not only did this number fail to meet expectations, it was the lowest figure in six months. This...
U.S. stock futures fell lower Tuesday, one day after the Dow and S&P 500 set new all-time highs and the NASDAQ reached 5,000 for the first time in almost 15 years. But this morning, the outlook was pessimistic following disappointing earnings figures from major retailers like Dick’s Sporting Goods and...
U.S. stocks moved higher on Monday, as investors considered numerous data points both at home and overseas. Manufacturing, construction and personal income numbers were encouraging to investors. Personal income levels jumped 0.3 percent in January, while the manufacturing sector enjoyed its best month since October. Asian markets were up slightly after...
U.S. stocks were largely unmoved this morning, even after a revisal of fourth-quarter GDP figures showed slower growth for the end of 2014. Fourth-quarter GDP was revised to show a figure of 2.2 percent, a disappointing step down from the 4.5 percent and 5.0 percent figures on the second and...
Stock futures were flat Wednesday morning after comments from Federal Reserve Chair Janet Yellen pushed the Dow and S%P 500 to new record highs on Tuesday. Yellen’s comments in front of the Senate Committee on Banking, Housing and Urban Affairs left investors with the impression that the Central Bank is...
U.S. stocks were down Monday, as investors wait for the final details of Greece’s bailout extension. News of the extension pushed the Dow and S&P 500 to record closes Friday, when it was announced that Euro zone finance ministers had agreed to continue the bailout process through June. The deal...
U.S. stocks were lower in futures trading Friday morning, as investors awaited word from a key meeting between Greece and its creditors. Those creditors include other key nations within the Euro zone, including Germany, which rejected Greece’s latest request for a loan extension Thursday. The Germans felt that the request...