U.S. stocks were flat on Thursday, as investors considered the latest GDP figures from the Commerce Department.
First-quarter GDP was revised to a figure of 0.6% growth—up from the previous reading of-0.2%. However, the widely-promised 2nd-quarter recovery did not come to fruition, as the number came in at 2.3% growth—falling...
Coming off its worst week in months, the Dow attempted to recover this week… but those efforts were undone by more weak economic data. The Federal Reserve still won’t commit to an interest rate hike, and as we reach the end of July, the Dow is still underwater for...
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 down sharply Thursday, as investors' worries took control of the market.
Experts believe that the uncertainty over economic growth are pushing the market lower right now. Worse yet, many see little potential for a quick turnaround that would end this losing streak. Tomorrow's jobs report will be...
It was a disastrous week for Wall Street, as the Dow lost ground every day this week, extending its losing streak to seven days overall! Oil prices, global turmoil and the possibility of an impending interest rate hike all played a role in the Dow shedding almost 2% over...
U.S. stocks were higher on Monday, as Wall Street finally saw its' 7-day losing streak finally come to an end.
Investors were encouraged by some news from Greece, where Euro Zone officials suggested banks could get their first infusion of cash shortly, even prior to passing a stress test from...
The long debate over conflicts of interest on Wall Street will reach its boiling point this week, when the Department of Labor (DOL) hosts numerous hearings over the proposed fiduciary rule.
All sessions will be conducted at DOL headquarters in Washington, D.C., and will feature numerous participants representing opposing sides...
U.S. stocks were lower on Tuesday, after a surprise devaluation of the Chinese yuan took away the momentum of yesterday’s rally.
On Monday, the Dow broke a 7-day losing streak, rallying to finish up by 241 points. But this morning investors watched as many of those gains were taken back,...
Wall Street’s markets have been in full-fledged panic mode since yesterday morning. The Dow shed 1.3% on Tuesday, and dropped another 1% at the start of trading Wednesday. Presidential candidate Donald Trump was quoted as saying the potential fallout could ‘devastate’ the United States.
It’s all a reaction to a series...
U.S. stocks finished flat on Wednesday, as investors continued to show growing concern over global growth.
A topsy-turvy day saw the Dow drop 277 points in morning trading, before an afternoon rally returned the index to its starting point. The Chinese yuan declined yet again, as the People’s Bank of China...
