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...
Volatility has become such a regular, daily occurrence on Wall Street that when stocks don't really do much of anything, the "lack of market instability" becomes the story of the day. That was pretty much the case today although the one issue that could be counted on was the...
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...
U.S. stocks were down on Tuesday, as the major indices attempted to move out of correction territory after another disastrous day Monday.
The Dow just wrapped up its worst three-day stretch in history, losing a total of 1,477 points since Thursday—approximately 9% of the Index’s total value. While Tuesday was being...
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...
Following Monday's massive selloff, Wall Street went into the second trading day of 2016, attempting to regain some of the losses from the day prior. Investors wavered for much of the day before finishing with a mixed session. Apple stocks led decliners falling over 2% at one point following...
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...
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...
The continued free-fall in the price of oil sent stocks into a downward spiral today. A 3% decline in energy issues led to to losses across the board-the 4th down day of 5 this week. The Dow fell over 309 points, while the NASDAQ dipped below 5,000. Oil closed...
It was a new trading day on Wall Street but unfortunately it was the same old volatility on the markets as all three major U.S. indices experienced wild swings ending in another down day across the board. At one point during Wednesday's selloff of global equities the Dow Jones...
