Janet Yellen has spoken. The Federal Reserve announced Thursday that they will not raise the key interest rate in September. Many investors speculated that a raise in interest rates wouldn't bode well for the stock market. It seems that the stock market was doomed either way, as the Dow...
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...
U.S. stocks were even on Tuesday, as investors kept a wary eye on oil prices that continued their July plummet on the first day of August. Throughout the month of July, oil prices fell 21%. They added another 4% to that drop before stabilizing this morning. Oil is currently trading...
U.S. stocks were slightly higher on Tuesday, as investors moved their attention away from Greece and back to information on the U.S. economy. Today’s biggest piece of data—retail sales—proved disappointing, as June figures showed a decline of 0.3 percent. Experts and analysts had been expecting an increase of 0.3 percent. Treasury...
Stocks floundered as Wall Street's three day winning streak ended.  The financial sector was down as was the price of oil.  Oil closed below yesterday's high of $51- the highest level in nearly a year. Watch more on today's financial activity from CNBC's Bob Pisani & Art Cashin-Director of Floor...
Big gains in the energy and technology sectors helped push all three major indices to higher levels on Wall St. Global oil prices surged due to a report on heating oil and gasoline inventories will show a decline, while the prospect of falling natural gas shale production also added...
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...
All good things must come to an end. Even Wall Street isn’t immune to this old adage. A new study by Swiss financial consultants Wellershoff & Partners concluded that the U.S. stock market is likely to take a tumble of at least 30% at some point in the next five...
Entering the final trading day of the week, the Dow had risen over 400 points during the three days prior, but today the winning streak ended.  Stocks finished down across the board following the release of the May jobs report. There had been a great deal of discussion recently...
The theme of 2015 has been plenty of volatility, with few results on the stock market. That was certainly the case this week, as the market saw wild swings from day to day. But by the end of the week, the Dow and S&P were where they've been for...