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...
An increase in the number of jobs and a rise in the price of oil helped lift the markets today. The Dow closed at a 2 month high as it broke through the 17,000 barrier and the S&P 500 hit the 2,000 mark. For the week- oil finished up...
U.S. stocks were slightly higher in futures trading Wednesday morning, as investors prepared for a long day of data reports.
Oil prices started the morning lower after the American Petroleum Institute reported that weekly crude stocks rose by more than 12 million barrels. A separate report indicated that American consumers...
Even though the S&P 500 posted its biggest weekly gain of 2015 and the Dow was on pace to record its best week since February, industry insiders (CEOs & corporate directors and founders) were not buying. The big question is: why? Today's CNN-Money explained it this way:
"Typically, when the...
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...
For the first time in a week and a half Wall Street finished with gains across the board. The tech heavy NASDAQ snapped an eight day losing streak (its first such bad run since January 2008) while the Down Jones Industrial Average posted triple digit gains. Crude oil, which...
Cinco de Mayo or May 5th commemorates the Mexican Army's victory over French forces at the Battle of Puebla on May 5, 1862. However, there was no celebrating on Wall Street today as stocks finished with mixed results. Atlanta Fed President Dennis Lockhart told CNBC's "Closing Bell" that:
"He is...
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...
Any ideas of a pre- "Santa Claus" rally on Wall Street faded very quickly today as stocks suffered heavy losses, while investors continue to ponder "if and when" the Fed will raise interest rates possibly next month. At one point today the Dow was down 300 points while 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...
