Experts described the U.S. stock market as ‘under pressure’ Friday morning, coming off a fifth consecutive losing session Thursday. The Swiss National Bank shocked everyone Thursday by announcing they would discontinue a three-year cap on their own currency—the Swiss franc—against the Euro. With the possibility of quantitative easing-type programs beginning...
U.S. stock markets finished Tuesday mostly flat, after a day filled with uncertainty due to oil prices and 4th quarter earnings. It was a bad morning on Wall Street, as the Dow fell over 100 points during the early part of the session. Oil prices dropped almost 5% on Tuesday...
Stocks stayed even in Wednesday trading, after a volatile Tuesday saw the Dow drop almost 200 points before rallying to finish the day flat. Investors are anxiously awaiting word from the European Central Bank (ECB) as to whether they will embark on a long-expected bond buying program. ECB President Mario...
U.S. stocks moved higher Thursday following European Central Bank (ECB) President Mario Draghi's announcement that the ECB will embark on a bond buying program in the near future. The announcement came about 10 a.m. East Coast time and immediately sent the Dow soaring by almost 200 points. The ECB's program will...
U.S. stocks slid early on Friday, as investors returned their focus to energy prices. Oil was down more than 1% in early trading, as word emerged of the passing of Saudi Arabia’s King Abdullah. No change in policy is expected, but uncertainty was enough to fuel concern on an already...
Market Recap for week of 1/19—1/23 After weeks of focusing primarily on falling oil prices, this week’s big story was the start of quantitative easing in Europe. Much like we did here in the U.S., the European Central bank is pumping this “easy money” into their economy to stop the...
U.S. stocks finished relatively flat on Monday as investors faced the one-two punch of uncertainty in the weather forecast and in overseas markets. The big story on Wall Street Monday was the impending blizzard scheduled to hit New York City overnight. As of this afternoon, Wall Street hoped to open...
Wall Street thought they dodged a bullet when the "Blizzard of 2015" fizzled into little more than a nuisance in New York City. Little did they know more trouble was around the corner. Stocks took a nosedive from the opening bell on Wall Street Tuesday, as several major corporations reported...
U.S. stocks dropped sharply Wednesday afternoon, following an optimistic morning report from both Apple and Boeing in their 4th-quarter earnings results. Investors were buoyed by the results, which showed that Apple sold almost 9 million more iPhones than expected. German-listed shares of Apple were up 6 percent in trading Wednesday...
U.S. stocks shrugged off further drops in oil prices and disappointing earnings reports to move higher Thursday afternoon. Alibaba, Ford and Hershey are among the big names reporting today. Both Alibaba and Ford's reports fell short of expectations, while McDonald's saw some gains after announcing they'd be hiring a new...