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%...
On the last day of trading for the week oil had its best day since 2009, ending a 5 day losing streak on Wall Street. The price of a barrel of oil soared over %12 percent as stocks experienced gains across the board. The financial and banking sector gained...
Wall Street got a much needed extra day off as the markets were closed Monday for the Dr. Martin Luther King Jr. federal holiday. The first half of January this year has been disastrous for the markets and the worst, first two opening weeks for the Dow and S&P...
U.S. stocks went on a roller-coaster ride Tuesday, losing 100 points before reversing course to trade close to even.
For months, we’ve been reading and hearing about how a stronger dollar was bad for stocks and American businesses. Yet Tuesday morning saw the dollar lose value against a number of...
On the penultimate trading day of the week markets wavered a bit before ending the day up marginally. Today marked the 3rd straight day of gains. Oil finished down 9 cents, closing at $34.57 a barrel. Investors are also keeping their eyes on tomorrow's Labor Department jobs report which...
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...
Despite a jump in Facebook stock of 5% due to better than expected earnings, the markets fizzled ahead of tomorrow's important unemployment report. Robert Pavlik, chief market strategist at Boston Private Wealth surmised to CNBC:
"I think people are just a little leery of tomorrow's employment report. It looks like...
On the first trading day of 2016 Wall Street experienced huge losses as the financial world reacted to continued economic instability in China. Earlier, the Dow fell more than 450 points, plummeting more than 2.5 percent, on pace for its largest percent decline on the first trading day of...
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 traded lower Friday afternoon as a positive jobs report was overshadowed by more unrest in the Euro Zone.
Experts believed the report would show about 230,000 new jobs created in January, so the actual number of 257,000 new jobs was a pleasant surprise for investors. Wall Street analysts...
