Today marked the start of earnings season as major corporations began reporting their 1st quarter-2016 profits. Many analysts are expecting a disappointing first quarter. Today's Wall Street Journal explained why "Earnings Season" will be as bad as Wall Street expects. Read the story here.
According to a report on CNBC one...
U.S. stocks were higher on Monday, following European and global markets encouraged by the possibility of a last-minute solution to the Greek debt crisis.
With talks scheduled for today in Brussels, investors turned an eye towards new offers made over the weekend by Greek Prime Minister Alexis Tsipras in order...
U.S. stocks were slightly higher on Wednesday, as investors awaited the summary from this week's meeting of the Federal Open Market Committee.
While Chairperson Janet Yellen is not expected to speak at the meeting's conclusion, further clues are expected as to the timing of an interest rate hike. Most experts...
It was the start of a monumentally important week on Wall Street as the Fed will consider whether to raise interest rates midweek. It is widely expected that after the Federal Reserve's Open Market Committee's two day meeting on Wednesday, the Fed will decide to raise interest rates by...
There's an old adage that aptly applies to Wall Street these last two days:
"The market taketh and the market givith away!"
Yesterday the markets gained 1%- Today they lost 1% as the S&P 500 has now given back all of its "year to date" gains with its worst day since...
U.S. stocks were lower on Thursday, one day after the Federal Reserve altered language in a statement that indicate interest rate hikes may be on the way.
The Fed dropped the word ‘patient’ from its March statement, leading investors to believe that the days of zero-interest rates are coming to...
On this Groundhog Day, Punxsutawney Phil did not see his shadow thus signaling an early spring. Unfortunately, neither the groundhog nor investors saw any positive news on the markets either, which signaled another down day on Wall Street. If the groundhog were an investor, he would have scurried back...
The last day of the trading week saw the Dow complete its first two week losing streak since February. The possibility of a Federal Reserve rate hike in June also suffered a big hit today as the April jobs report fell well below analysts' estimates. In April, the U.S....
For most of the day markets were flirting with high water marks for the year and then started retreating in late afternoon trading. The Dow still closed at its highest level since July of last year, while the NASDAQ inched closer to the 5,000 level. Energy stocks again led...
With much of the northeastern United States bracing for a weekend blizzard, the stock markets managed to slow the recent "avalanche of losses" on the final trading day of the week. Stocks closed higher, posting the first positive week of the year. Adding to the market optimism was an 8%...
