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...
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...
U.S. stocks were lower in trading Wednesday, as a busy day for data took shape for investors.
This morning, the ADP private payrolls report showed a gain of 212,000 jobs in February. Not only did this number fail to meet expectations, it was the lowest figure in six months. This...
The S&P 500 and Dow Jones Industrial average have dominated the news over the past several weeks because of volatile fluctuations in both indices since the U.K. Brexit vote, but today the NASDAQ took some of the stock headlines after posting a gain of over one percent. The Dow...
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 were higher Wednesday, as investors reacted to more developments in the ongoing Greek debt saga.
Early Wednesday in Europe (overnight here in the U.S.) Greek Prime Minister Alexis Tsipras sent a letter, detailing his desire to accept the terms of an additional bailout package offered by European creditors....
After a four week winning streak the markets are now down in each of the first two sessions of the week after a mixed today Tuesday. Dow components led decliners with telecom issues and McDonalds leading the slide. The fast food giant fell 4.5% after reporting lower than expected...
Markets are still at record highs (with the Dow hitting it's 6th day of record closes) but a report today showed that there is more cash out of equities & on the sidelines than there has been in nearly 15 years. Fund managers have gotten spooked since the Brexit...
Investors embraced this week in the same fashion they have been embracing 2013, stocks continued to rally. The difference that sets this week apart from most of 2013 rallying is the motivation that is driving higher investment volume. This week, markets are going up on reaction to good economic...
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...