As the U.S. stock market opened Tuesday trying to avoid another day in the red, a new obstacle appeared overseas.
The Russian ruble continued to tumble Tuesday morning, following its worst session in 15 years Monday. Even a late-night action by the Central Bank of Russia (CBR) to raise interest...
Stocks were sharply lower on Tuesday, as another dip in oil prices concerned investors.
Brent crude prices fell almost 4 percent in early trading Tuesday, while U.S. crude prices dropped below $50 per barrel yet again with a drop of 3.4%. Adding to concerns was the fact that the price...
U.S. stocks were lower on Thursday, as the market continued to followed ongoing debt negotiations between Greece and other European powers.
One market analyst said the market was ‘held hostage’ until the negotiations were completed with a resolution one way or another. Meetings are ongoing in Brussels throughout the day,...
The trading week concluded on Wall Street on an up-note making back much of the week's losses, but attention focused on job creation or the lack thereof. The Labor Department reported that the U.S. economy added 142,000 jobs in September- well below the expected 203,000. Challenger, Gray & Christmas...
At the beginning of the month, former House Majority Leader Eric Cantor took a lucrative new role at Moelis & Co., a New York-based investment bank. The move, announced the day after Labor Day, seemed hasty—only two weeks after Cantor’s resignation from Congress. Suggestions abounded that the hope was...
This was the worst week for the Dow Jones Industrial average in over a month as its 4 weeks winning streak ended. For the week the Dow lost 143 points. The latest readings on American Gross Domestic Product for the 2nd quarter of 2016 show the GDP fell below...
U.S. stocks declined in Thursday trading, as investors considered the effect on lower wholesale prices against some discouraging job figures.
The Labor Department issued a weekly number of 315,000 Americans filing for jobless benefits last week—a number that was 6% higher than last week, and represented the largest total since...
It was a relatively flat day on Wall Street, with small gains as markets struggled to gain any momentum following release of the July Fed minutes. General consensus from voting policymakers is that that more data is needed before another Fed rate hike is considered. Read the July Fed...
The news cycle has been quite complimentary towards the lack of stock market volatility recently. But that could be set to end as soon as this afternoon.
After the closing bell, second-quarter earnings season kicks off with the release of data from Alcoa, a top aluminum producer and traditionally the...
Experts described the U.S. stock market as ‘under pressure’ Friday morning, coming off a fifth consecutive losing session Thursday.
The Swiss National Bank shocked everyone Thursday by announcing they would discontinue a three-year cap on their own currency—the Swiss franc—against the Euro. With the possibility of quantitative easing-type programs beginning...
