The dollar was up again but oil was down, and so followed the markets today. Consumer confidence continues to rise slowly which fuels the fire of another possible rate hike by the Fed.
Eric Chemi wrote an interesting piece for CNBC today with the headline:
"A Market Adrift, Tied To Nothing,...
Most websites on investing and financial planning can’t wait to tell you about two things—the record highs of the Dow Jones Industrial Average or S&P 500, and the impressive levels of growth expected in our nation’s economy in the coming months.
So why did the United States’ GDP drop in...
One of the cardinal rules mutual fund investors follow is the avoidance of ‘load’ fees—essentially, the sales charge associated with joining a fund. Unfortunately, that leads these investors into perhaps a bigger mistake.
That’s because they’re overlooking two more fees funds assess. One is covered in the prospectus, but the...
Up and down, up and down.
If you didn't have the stomach for undulating turns on the stock market then this week might have prompted you to get off of the Wall Street ride. Volatility was the name of the game this week with large up & down swings, but...
U.S. stocks finished down slightly for the second day in a row, after oil prices struggled in early trading.
U.S. crude stockpiles grew by an astounding 7.7 million barrels last week, according to the American Petroleum Institute (API). This was more than expected and contributed to another drop in oil...
U.S. stocks moved up slightly in Tuesday trading, one day after concerns about the upcoming earnings season ended the market’s brief winning streak.
The S&P and Dow were each down around 0.5% Monday, based on concerns over earnings as well as the continued strengthening of the dollar. Today, markets reacted...
Stocks prices stayed relatively flat Thursday, as investors prepared for tomorrow’s jobs report—the data highlight of the week and often, the information that sets the tone for the month.
Yesterday, stocks suffered a second consecutive losing day after a payrolls report—often seen as a precursor to the jobs report—showed only...
Wall Street barely avoided disaster this week, as the Dow fell below even for 2015. The Greece saga sent the markets to their worst day of 2015 on Monday, as the Dow lost 350 points. Investors certainly weren’t sorry to see this week end one day early…
***DOW DOWN...
On this last day of September, stock markets made back a decent amount of the losses from earlier in the week but even with today's gains, tremors rumbled through the financial world following dire predictions from billionaire business entrepreneur Carl Icahn.
Icahn told CNBC's "Fast Money: Halftime Report" today:
"Markets look...
Fed Chair Janet Yellen and the F.O.M.C. decided at their September meeting to leave the federal funds interest rate alone at between .25%-.50% but left open the chance of an increase before the end of the year, possibly December. This decision by the Fed committee had a positive affect...
