The Monday markets got a big boost from Apple as the computer giant rebounded sharply today adding nearly 4%-it's best day since March. The Dow finished up triple digits while the NASDAQ added 57. Apple's gain was part of an overall improvement in tech stocks. Energy issues also saw...
Friday the 13th was an unlucky day for Wall Street today as the Dow gave back most year to date gains. The Dow Jones industrial average briefly fell more than 200 points at one point in afternoon trading, with Goldman Sachs, Boeing, 3M and Wal-Mart contributing the most to...
Stocks finished the day mostly lower on declines in health care and technology stocks, as Apple fell to a level not seen in nearly 2 years. The retail sector also took another hit as Nordstrom stock fell 14% on disappointing 1st quarter earnings. Today's market news was also highlighted...
Following yesterday's advances on Wall Street where the Dow Jones Industrial average gained 222 points (thanks to a rally in financial shares), the Dow gave back much of those gains due to poor corporate earnings reports. The Dow lost over 200 points due mostly to disappointing first quarter earnings...
U.S. stocks finished mixed at the conclusion of Monday trading amid declines in oil prices,which fell nearly 3% as traders assessed the impact of wildfires on Canada's oil output.
In the meantime, with the U.S. Presidential election still 6 months away, the candidates are being judged as to what their...
The last day of the trading week saw the Dow complete its first two week losing streak since February. The possibility of a Federal Reserve rate hike in June also suffered a big hit today as the April jobs report fell well below analysts' estimates. In April, the U.S....
Cinco de Mayo or May 5th commemorates the Mexican Army's victory over French forces at the Battle of Puebla on May 5, 1862. However, there was no celebrating on Wall Street today as stocks finished with mixed results. Atlanta Fed President Dennis Lockhart told CNBC's "Closing Bell" that:
"He is...
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...
"The Markets will have a day of reckoning!"
Those were the words of billionaire investor Carl Icahn, who told CNBC's Power Lunch today that he is "extremely cautious" on the U.S. markets. The result of his warning was a big drop on Wall Street today as The Down dropped over...
The second day of the trading week saw the NASDAQ post its first 4-day losing streak since January as the tech index closed in the red for the year. The day was also highlighted by a big jump in the cost of oil. The price of a barrel of crude...
