U.S. stocks were lower Wednesday, following a couple of critical pieces of information that may have raised more questions about the economy than they answered. The highlight of this week on Wall Street was expected to be this afternoon’s Fed statement, marking the end of the Federal Open Market Committee’s...
U.S. stocks were higher Friday, recovering some losses from a rough week in trading on Wall Street. The Euro climbed to $1.13 against the U.S. dollar on Thursday, its highest point in months. But the contradictory nature of the market reared its ugly head—after weeks of hearing how a strong...
U.S. stocks were down Wednesday, one day after new trade data raised concerns that 1st-quarter GDP would show an economic contraction. A late, minor rally saved the Dow from falling back into negative territory for the year. 10-year  Treasury yields moved as high as 2.25, their best mark in 2015. After...
U.S. stocks were higher on Thursday, as investors digested a mixed bag of news and data. Widespread selloffs in government bonds pushed 10-year Treasury yields to their 2015 high of 2.25 at one point on Wednesday. Meanwhile, Federal Reserve Chair Janet Yellen offered her opinion that stock market valuations are...
U.S. stocks were slightly lower Tuesday, as stocks dropped following a worldwide drop in bond prices. At the start of Tuesday, 10-year benchmark Treasury notes had yields upwards of 2.3% for the first time in almost six months, reaching by far their highest point in 2015. European indices were lower...
U.S. stocks were mixed on Wednesday, as investors and experts looked towards data points for an indication of when to expect an interest rate hike. For weeks, Wall Street’s conventional wisdom has held that the first interest rate hike in nearly a decade will occur in 2015—but not likely before...
U.S. stocks were higher on Thursday, as the markets rebounded from their first-three day losing streak since March. Disappointing retails sales figures pushed the markets lower yesterday, and today the focus changed to weekly jobless claims data and the producer price index, which expert hoped would shed light on inflation. Jobless...
Market Recap for Week of 5/11—5/15 The Dow had its’ first three-day losing streak since March to start the week. The S&P 500 hit all-time highs on Thursday and Friday, thanks to weakness in the U.S. dollar. Despite the record, it was a relatively tame week for stocks, as the...
U.S. stock futures finished slightly up on Monday, extending yet another on both the Dow and the S&P 500. Despite the continuation of disappointing economic data from the first quarter of 2015 into the second quarter, the market has moved higher in the past few weeks. Highlighted by S&P 500...
U.S. stocks were mixed in Tuesday afternoon trading, as market momentum slowed in the face of new increases in Treasury yields. The market moved up on Tuesday morning after receiving better-than-expected housing data. Construction began on 1.13 million new houses in April—considerably better than the expected 1.02 million. However, 10-year Treasury...