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,...
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...
The last trading day of August had many investors pondering what September will bring to Wall Street. The markets have been well known to suffer in Septembers of the past. In fact its historically proven that the stock market has had its worst performances during the month of September....
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...
U.S. stocks were considerably lower Tuesday morning, as Wall Street geared up for numerous data releases after the Memorial Day holiday.
Both the Dow and S&P 500 hit new record highs last week, but finished lower to close the week on Friday. On Tuesday, investors watched the following data releases...
Coinciding with the start of the DNC in Philadelphia, stocks kicked off the week on a down note as oil prices slid. The price of a barrel of oil closed at its lowest level since April 25th over worries over a global "over-supply." U.S. crude settled down $1.06, or...
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...
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...
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...
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...
