An increase in the number of jobs and a rise in the price of oil helped lift the markets today. The Dow closed at a 2 month high as it broke through the 17,000 barrier and the S&P 500 hit the 2,000 mark. For the week- oil finished up...
On the penultimate trading day of the week markets wavered a bit before ending the day up marginally. Today marked the 3rd straight day of gains. Oil finished down 9 cents, closing at $34.57 a barrel. Investors are also keeping their eyes on tomorrow's Labor Department jobs report which...
The Federal Reserve released its most recent "Beige Book" today. The summary on current economic conditions by the Fed indicated that "economic activity has increased in most regions & consumer spending rose in most districts."
The business activity snapshot further complicates the Federal Open Market Committee's process of determining...
"Super Tuesday" was truly a super Tuesday on Wall Street as the markets had big gains. The Dow Jones industrial average climbed 348 points, while the The Standard & Poor's 500 gained 46 points and the NASDAQ composite rose 131 points. The recent stock market gains and positive economic...
On this "leap day" February 29, 2016 markets did not get the positive jump they were hoping for on this first day of the new trading week. Bucking what has been the recent trend of "low oil equals low markets," Wall Street suffered losses despite the fact that oil...
On a day when NJ Governor Chris Christie officially endorsed Donald Trump as the Republican Presidential nominee, markets struggled to gain any ground. The markets finished mixed on Friday but up for the week. There was continued concern about the solvency of Puerto Rico after the island's governor said...
It seems to be the case nearly every day on Wall Street that when the price of oil drops so does the market but when the price of oil rises- the market advances with it, and that was the situation today. Oil closed up 2.86% after a report that OPEC...
Another increase in the price of oil helped the market rebound from yesterday's losses. Oil recovered from a sharp overnight decline to settle up 28 cents, or 0.88 percent, at $32.15 a barrel.
Compounding global economic concerns, however is the fact that the British pound is feeling pressure over whether...
Poorly performing energy stocks and a significant drop in the price of oil made for a down day on Wall Street. U.S. crude oil dropped $1.52, or a fraction over 4.5% percent to finish the day at $31.87 a barrel. The Conference Board reported that its consumer confidence index...
After experiencing the first positive week of the year last week, the markets opened the first session of the new week today on an up note. The good day on Wall Street was led by the Dow, which at one point was up over 250 points. Shares of United...
