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...
On the penultimate trading day of the week on Wall Street, all of the major averages had gains of 1% or more as financials lead the way and investors processed bank earnings and the latest economic data that supported the case for a rate hike delay. Rises in the...
The week's volatility continued on Wall Street but markets finished up today, buoyed by a dramatic rise in the price of Facebook stock & and an increase in the cost of oil. U.S. crude oil futures settled above $33 a barrel. Facebook stock leaped 15.5% and Amazon gained 8.9%...
U.S. stocks moved slightly higher on Tuesday, as investors continued to wait for confirmation of a deal to keep Greece from going into default.
The Greek government presented new reform proposals Monday in hopes of avoiding—or at least staving off—a disastrous situation that could result from a missed payment to...
Stock and oil prices rebounded in volatile trading on Tuesday, leading to gains in all of the indices. OPEC and Russian oil industry officials continued discussing a possible partnership to reduce the world's oil glut. Meanwhile the U.S. central bank is expected to leave interest rates unchanged after its...
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...
For the first time this week, Wall Street finished in the black as the markets broke a three day losing streak.
Adam Sarhan, CEO of Sarhan Capital told CNBC:
"In general, when you step back, we're still range-bound," he said. The major averages have closed lower for five out of the...
