U.S. stocks were higher on Tuesday, as Wall Street broke its longest losing streak of 2015.
All three major indices (Dow, NASDAQ, S&P 500) have finished in the red for five consecutive days, shedding anywhere from 2.5%-4% in that time. Investors hoping to stop the bleeding turned their attention to...
U.S. stocks were down in Tuesday afternoon trading, following a day where mixed data drove continued volatility.
The Dow finished slightly down on Monday, marking the ninth consecutive trading session of alternating between gains and losses.
Today, comments from various Federal Reserve presidents and inflation concerns are the focus. San Francisco...
A surge in the energy sector pushed stocks higher Thursday, while investors considered the weekly jobless claims report.
The report released this morning showed 281,000 jobless claims, in line with expectations but slightly higher than last week’s figure of 268,000. This was the first report since Friday’s disappointing jobs figure...
Tuesday was a new day, but the same story on Wall Street—considerable losses in the face of declining oil prices. Oil fell another 4.3%, settling just under $48 a barrel. Prices haven't been this low since April 2009, the tail end of the Great Recession.
Stocks were hit to the tune...
Friday the 13th was an unlucky day for Wall Street today as the Dow gave back most year to date gains. The Dow Jones industrial average briefly fell more than 200 points at one point in afternoon trading, with Goldman Sachs, Boeing, 3M and Wal-Mart contributing the most to...
A combination of falling oil prices and continued suggestions by Fed presidents that the Federal Open Market Committee (FOMC) may raise interest rates sooner rather than later caused markets to suffer some losses today. The President of the St. Louis Fed James Bullard was the most recent Fed president...
The Federal Reserve Bank could be raising interest rates sooner than you think. Around 8:30am Friday morning The Fed’s Jobs Report was released, and the news was mixed. This report has been touted as a key piece of data The Fed will use in deciding whether or not to...
Stocks eked out some meager gains today but much of the focus was on a report from federal regulators that says five of the biggest banks in the U.S. have inadequate plans in case of failure, potentially leaving them unable to cope with financial distress without another taxpayer bailout....
Speaking to the Economic Club of New York today, Fed Chair Janet Yellen said that the U.S. central bank will "move cautiously with further rate hikes." Her comments were well received by investors as the Dow and S&P hit new highs for 2016. Tech stocks led gainers as oil...
Oil prices surged and so did the stock market as the Dow Jones Industrial average rose into positive territory for the first time in 2016. FedEx, Goldman Sachs and Boeing were among the big winners, while oil closed above $40 a barrel for the first time since December 3,...
