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...
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 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...
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...
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...
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...
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...
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 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...
