Stocks showed gains on the second trading day of the week despite the fact that the U.S. manufacturing sector contracted in November, dropping to its worst levels in over 6 years when the American economy was still in the middle of a debilitating recession. The latest report by the...
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...
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...
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...
As was expected The Federal Open Market Committee today approved a quarter-point increase in its target funds rate. The new target will go from 0 percent to 0.25 percent to 0.25 percent to 0.5 percent. The Federal Funds Rate has remained at zero for the last 7 years to...
U.S. stocks moved higher on Monday, as investors considered numerous data points both at home and overseas.
Manufacturing, construction and personal income numbers were encouraging to investors. Personal income levels jumped 0.3 percent in January, while the manufacturing sector enjoyed its best month since October.
Asian markets were up slightly after...
U.S. stock futures were higher Monday after China’s central bank cut the amount of money that banks are required to hold in reserves.
The reserve requirement fell by 100 basis points, giving momentum to a struggling market that was clobbered to the tune of -1.7% on Friday, wiping out all...
Market volatility continued it's re-assault on Wall Street today as stocks ended their worst week since February. The CBOE Volatility Index, generally regarded as the best indication of fear & volatility in the markets, shot up more than 10% to its highest level since March 15th.-a near 7 week...
After a long holiday weekend, Wall Street began the new trading week with investors eagerly awaiting the latest jobs report this week. Even though the market finished mix today, new figures released from the CNBC/Moody's Analytics Report showed 1st quarter-2016 economic growth was just 0.9 percent. The numbers translated...
U.S. stocks moved forward to open the week on Monday, as investor sentiment rebounded from over the better-than-expected jobs report from Friday. Many believed the report will play a considerable role in leading to an interest rate hike.
An increasing number of experts called for a June rates hike following...
