The markets, by far had their best day of 2016 with the Dow, S&P & NASDAQ all recovering nicely, but the enthusiasm was tempered by a disconcerting headline on CNBC that got the attention of anyone who invests in an ETF or a Mutual Fund. The headline read:
"Red Alert! ...
Stocks finished lower after several U.S. companies delivered disappointing results and forecasts. UPS was way down after the package delivery company reported revenue that fell short of analysts' estimates. Engine maker Cummins fell 8 percent after the company's earnings fell far short of forecasts. The company also cut its...
Stocks finished mixed over a bevy of economic reports on the last full trading day before the Thanksgiving holiday. The market is closed on Thursday and will close at 1pm on Friday. Following up & down earnings results from retailers, analysts are watching for indications on consumer spending especially...
Stocks moved lower on Tuesday morning, as investors continue to look towards tomorrow’s Federal Reserve statement for hints of whether an interest rate hike is around the corner.
The lower open follows a 228-point jump in the Dow on Monday, as investors ignored a new six-year low in oil prices...
Wall Street entered the new session today riding a 4 week winning streak but then came the news that there's not much support for a bullish view of U.S. growth prospects in the fourth quarter of the year. Four-fifths of the experts surveyed by the National Association of Business...
It was another long week on the Wall Street treadmill, as the market moved a whole bunch, but didn't really go anywhere! As we close in on the halfway point of 2015, the Dow stands less than 0.5% higher than it did on the 1st of the year!
Monday the...
It was a relatively quiet end to the week on Wall Street which marked the calm before the storm in terms of next weeks Fed meeting. The Federal Open Market Committee is not expected to raise interest rates after their gathering next Tuesday & Wednesday, but investors will be...
Markets opened the new trading week with an up and down ride on Wall Street before closing in the positive. The slight gains came despite the fall in energy stock and oil as another batch of big corporations prepare to release quarterly earnings reports this week. Over a 5th...
The Christmas shortened trading week on Wall Street began on an up note as the markets tried to stave off the massive losing streak from last week. Both the S&P 500 and Dow Jones industrial average are still negative year-to-date, down more than 1.5 percent and 3 percent. The...
U.S. stocks finished mixed at the conclusion of Monday trading amid declines in oil prices,which fell nearly 3% as traders assessed the impact of wildfires on Canada's oil output.
In the meantime, with the U.S. Presidential election still 6 months away, the candidates are being judged as to what their...
