On the first trading day of the week investors seemed to be concerned about the very real possibility that the Fed may raise interest rates for the first time in over a decade when the FOMC meets for its two day policy session next month. The CME Group reports...
Volatility and concern over world markets was still very evident at the start of Tuesday trading as the markets struggled to regain any of the substantial losses from the prior day.
Following Monday's performance the major averages remained in correction territory- more than 10 percent below their 52-week highs.
Continued signs...
More disappointing economic data combined with concerns that the Federal Reserve will decide to raise interest rates in December led to another dismal day on Wall Street. The concern is that not only will an increase affect the rates banks charge each other to borrow, but it will also...
Stocks showed gains on the second trading day of the week despite the fact that the U.S. manufacturing sector contracted in November, dropping to its worst levels in over 6 years when the American economy was still in the middle of a debilitating recession. The latest report by the...
A mostly positive day on Wall Street thanks to improvement in the value of the U.S. dollar worldwide along with an increase in financial issues and materials stocks. After last week's turmoil in the markets over if and when the Fed might raise interest rates again, investors seemed pretty...
Up and down, up and down.
If you didn't have the stomach for undulating turns on the stock market then this week might have prompted you to get off of the Wall Street ride. Volatility was the name of the game this week with large up & down swings, but...
U.S. stock futures were higher Monday after China’s central bank cut the amount of money that banks are required to hold in reserves.
The reserve requirement fell by 100 basis points, giving momentum to a struggling market that was clobbered to the tune of -1.7% on Friday, wiping out all...
Stocks fell from their record highs today as comments from one of the Federal Reserve bank presidents spooked investors on Wall Street.
New York Fed President William Dudley said that a September rate hike "is possible."
Dudley told Fox Business Network-
"I don't think my views have changed very much. I think...
Stocks stayed even in Wednesday trading, after a volatile Tuesday saw the Dow drop almost 200 points before rallying to finish the day flat.
Investors are anxiously awaiting word from the European Central Bank (ECB) as to whether they will embark on a long-expected bond buying program. ECB President Mario...
U.S. stocks finished slightly down Wednesday, after the S&P 500 broke the 2,100 barrier for the first time Tuesday.
Investors were encouraged by Greece’s announcement that the nation would be seeking a loan extension from creditors. However, this isn’t the first encouraging sign that has come along during this crisis—and...
