Stocks showed gains on the second trading day of the week despite the fact that the U.S. manufacturing sector contracted in November, dropping to its worst levels in over 6 years when the American economy was still in the middle of a debilitating recession. The latest report by the...
The last day of November meant Cyber Monday savings for millions of online shopping Americans. Cyber Monday is marking it's 10 year anniversary this year, trying to persuade people to shop via the internet. The term was first used on November 28, 2005 by Ellen Davis who stated in...
Stocks finished mixed over a bevy of economic reports on the last full trading day before the Thanksgiving holiday. The market is closed on Thursday and will close at 1pm on Friday. Following up & down earnings results from retailers, analysts are watching for indications on consumer spending especially...
Amid a whirlwind of global activity, including the shoot-down of a Russian fighter jet by the Turkish military, Wall Street made some modest advances today thanks to gains in oil prices and energy stocks. Chris Faulkner-MacDonagh, market strategist at Standard Life Investments commented on today's event near the Turkish-Syrian...
Today marked the start of the holiday shortened, Thanksgiving week on Wall Street & the markets spent most of the session trying to figure out which way was up. In the end: It was down. Earlier in the day, figures showed that the deadly attacks in Paris seemed to...
The last trading day of the week on Wall Street saw gains across the board as retail stocks rose. The major averages ended the week with gains of more than 3% as the S&P 500 finished with its best week of the year. Thoughts about what the Fed may...
The release of the Federal Open Market Committee meeting minutes from October generated mostly positive responses from Wall Street today. The Dow finished up over 247 points; The NASDAQ over 89, while the S&P gained just over 33 points. The minutes revealed that the central bank's voting members believe...
Boosted by strong earnings reports from Walmart and Home Depot, Wall Street finished mixed with modest gains, tempered by declines in oil prices and continued geopolitical concerns re: ISIS. Investors are waiting for the release of the latest minutes from the most recent meeting of the Federal Open Market...
Following the horrific terrorist attacks in Paris, U.S. markets advanced in all three major indices in the first session since Friday's barbaric actions at six different locations in the French capitol. Generally in the first week following an international terrorist act, markets experience a substantial dip. For example: following...
More disappointing economic data combined with concerns that the Federal Reserve will decide to raise interest rates in December led to another dismal day on Wall Street. The concern is that not only will an increase affect the rates banks charge each other to borrow, but it will also...
