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...
And so the story goes… The stock market thrived for five years and finished at record heights in 2013, just to begin a familiar trend back down immediately following its bull market peak. Or at least that is what is running through the minds of investors as we come...
Trading volume was light on the market today, as investors have been gearing up for Black Friday. However, this didn’t stop the bull from sending market indices into new record highs, a phrase that has become pretty common place in recent headlines.
The Nasdaq passed 4,000 today, while the S&P...
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...
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...
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...
The last trading day of August had many investors pondering what September will bring to Wall Street. The markets have been well known to suffer in Septembers of the past. In fact its historically proven that the stock market has had its worst performances during the month of September....
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...
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...
Coinciding with the start of the DNC in Philadelphia, stocks kicked off the week on a down note as oil prices slid. The price of a barrel of oil closed at its lowest level since April 25th over worries over a global "over-supply." U.S. crude settled down $1.06, or...
