The last trading day of the week marked a mixed day on Wall Street but for the first time this year volatility was not a major concern, as the market had it's fist positive week of the year. All U.S. markets were up between 2.5% and 3.8% this...
The last session of the trading week saw the 2nd consecutive day of big losses on Wall Street as investors struggled with oil and economic data in the aftermath of the Federal Reserve's rate hike Wednesday. The Dow dropped over 370 points while the NASDAQ fell below 5,000. Ben...
Usually April 15th is the day when tax filings are due to the Internal Revenue Service, but because today is "Emancipation Day" Americans have a reprieve until this Monday, April 18th to file their Federal and State tax returns.
The IRS is observing a holiday that is usually only observed...
With 6 weeks remaining in the holiday shopping season before Christmas, one of the traditional holiday retail giants revealed a disappointing earnings report. Things started to go bad for Macy's after the retailer cut sales and profit forecasts, and posted a surprise drop in quarterly sales. Macy's stock stumbled,...
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...
U.S. stocks were higher Wednesday, thanks to the slow-but-steady recovery continued in the oil markets.
The Dow broke its four-day losing streak after closing slightly down on Tuesday. Investors hoped that a bounce in oil prices will end that streak today. Futures in the oil market extended gains on Wednesday...
U.S. stocks were mixed on Wednesday, as investors and experts disagreed on the meaning of the latest Federal Reserve meeting minutes.
The second half of this week is expected to be dominated by Federal Reserve policy statements and press conferences.
At 2 p.m. today, the Federal Reserve released the minutes from...
After some encouraging employment numbers for March the Dow closed near a 4 month high ending the week on a positive note. Even though oil finished down $1.55 a barrel closing at $36.79 (which wiped out gains for the year) the Dow Jones industrial average closed up about 107...
A gradual increase in the price of oil over the past 4 weeks has helped the stock market pick-up some decent gains. U.S. crude oil settled up 66 cents, or 1.74 percent, at $38.50 a barrel. Oil is now up 10% in a month. Another report says that the...
It was a winning week for the Dow, though you’d never know it from the news on Wall Street. This week was dominated by concerns over China’s currency devaluation, which many saw as the first sign of an impending “currency war.” Oil prices also hit their lowest levels since...
