On the eve before the latest jobs report comes out, markets finished down on the last day of March-the final day of the 1st quarter/2016. The month proved to be a good one for oil as the price of a barrel of crude soared 13% in March, closing today...
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...
U.S. stocks were slightly higher Monday, as the markets attempted to rebound from a discouraging finish to the month of May.
Stocks were down for six of the last eight trading sessions in May, culminating in Friday’s 115-point loss on the Dow. Now June begins, a discouraging sign for investors...
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...
Another increase in the price of oil helped the market rebound from yesterday's losses. Oil recovered from a sharp overnight decline to settle up 28 cents, or 0.88 percent, at $32.15 a barrel.
Compounding global economic concerns, however is the fact that the British pound is feeling pressure over whether...
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...
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...
U.S. stock futures were higher Monday, as investors shrugged off a disastrous Good Friday jobs report that badly missed expectations.
With the stock markets closed on Good Friday, it was a long weekend for investors who were anxious to see how the markets responds to the 126,000 new jobs created...
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...
U.S. stocks tumbled Wednesday, as the continued inability of Greece and its creditors to reach a settlement frustrated investors.
Greece Prime Minister Alexis Tsipras expressed anger at the slow-developing plans ahead of today’s meeting with Euro Zone officials in Brussels. As the deadline—now a mere five days away—approaches, the possibility...
