With much of the northeastern United States bracing for a weekend blizzard, the stock markets managed to slow the recent "avalanche of losses" on the final trading day of the week. Stocks closed higher, posting the first positive week of the year. Adding to the market optimism was an 8%...
Led by a 4.2% rise in the price of oil the markets finished with modest gains today. The cost of oil jumped $1.18 to close at $29.53. Oil continued to hold near lows not seen since 2003. Weekly oil inventories showed a build in crude oil stocks and U.S....
It was a new trading day on Wall Street but unfortunately it was the same old volatility on the markets as all three major U.S. indices experienced wild swings ending in another down day across the board. At one point during Wednesday's selloff of global equities the Dow Jones...
Energy stocks- specifically oil- put a damper on today's meager market gains. The price of oil dropped another 3.3% settling below $29 a barrel. The International Energy Agency, which advises industrialized countries on energy policy, said the overstock of oil would last until at least the end of this...
Wall Street got a much needed extra day off as the markets were closed Monday for the Dr. Martin Luther King Jr. federal holiday. The first half of January this year has been disastrous for the markets and the worst, first two opening weeks for the Dow and S&P...
For the first time since the beginning of the stock market's recent dramatic downturn two weeks ago investors are starting to use the phrase "bear market" to describe what may be currently happening on Wall Street. Stocks closed down 2% after hitting a near 15-month low on low oil...
The markets, by far had their best day of 2016 with the Dow, S&P & NASDAQ all recovering nicely, but the enthusiasm was tempered by a disconcerting headline on CNBC that got the attention of anyone who invests in an ETF or a Mutual Fund. The headline read:
"Red Alert! ...
For the first time in a week and a half Wall Street finished with gains across the board. The tech heavy NASDAQ snapped an eight day losing streak (its first such bad run since January 2008) while the Down Jones Industrial Average posted triple digit gains. Crude oil, which...
Following last week's blood-bath on Wall St. investors ran into an immediate headache today as oil dumped more than 6% at one point to a new 12 year low before rising a bit. By the time energy commodities closed US oil finished down $1.75 a barrel, or 5.28%, at...
The final day of the trading week ended one of the worst weeks in Wall Street's history & the session ended much as it began on Monday, with big losses. The major indexes finished the week with losses of nearly 6 percent or more, one of their worst starts...
