In recent days, the buzzword on the markets has been volatility. After today, there’s no getting around the truth—the market is in the midst of a full-fledged selloff.
It was an historic day for all the wrong reasons.
Wednesday Closing Bell
Dow Jones Industrial Average: 16,141.74 (-173.45)
S&P 500: 1862.49 (-15.21)
NASDAQ: 4215.32 (-11.85)
Among the lowlights:
The NASDAQ...
U.S. stocks closed up on Tuesday, overlooking the ongoing debate over ending Greece’s current bailout.
On Sunday, Greek Prime Minister Alexis Tsipras reinforced his pledge to end the bailout. Thus far, however, he has yet to provide a useful solution to the country’s level of debt. The European Central Bank...
Stocks were down on Monday, following a bounce-back week for a market that’s seen continued volatility since the outset of 2015.
On Friday, the Dow closed above 18,000 while the S&P 500 is back within 1% of its all-time high. Many insiders expect the volatility to return this week, when...
U.S. stocks had their worst day of 2015 Monday, as investors had their first chance to react to potentially disastrous news from Greece over the weekend.
Both the Dow and S&P 500 fell into the red for the year thanks to the disastrous session.
Debt settlement talks between Greece and their...
Monday marked a great start to the trading week for all three major U.S. stock indices. The Dow, S&P 500 & NASDAQ each closed at all-time record highs. Why and what does it mean? See more from CNBC's Bob Pisani below.
Meantime, one giant in the hedge fund industry-David Tepper...
U.S. stocks were clobbered on Friday, as a double dose of bad news from overseas sent markets tumbling before the weekend.
The sell-off was a continuation of a global trend Friday, as European and Asian markets suffered as well. Chinese government regulators took steps to crack down on margin trading...
The Tuesday trading day was highlighted by the end of a 3 day winning streak for the Dow and a continued stock slide by IBM. Perennially one of the most respected and successful corporations in the world IBM’s stock plunged to almost a five-year low after the company cut...
The market ended the week on a high note as both the the Dow and S&P 500 moved into positive territory for the year, marking the 5th straight week of gains. Quincy Krosby, market strategist at Prudential Financial told CNBC:
"Traders, investors are looking at a calm backdrop for markets....
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...
It was a mixed day on Wall Street but perhaps more alarming was a report by world renowned French bank- Societe Generale. The bank released its quarterly report that included concerns about the possibility of so-called "black swan" events that could harshly disrupt global economies.
“Risks to the world economy...
