U.S. stocks were higher on Tuesday, as investors attempted to find direction amidst news in Greece and at home. While any developments in Greece’s debt saga will certainly continue to affect U.S. markets, Tuesday’s activity suggested a refocusing towards issues here in the states, and a continued concentration on the...
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...
The markets spent the entire week following the news from Greece—and as the Greek government and European officials struggled to reach a deal, U.S. markets turned in a sub-par performance. As a result, the Dow stands at just +0.7% for the year, with Tuesday marking the halfway point of...
U.S. stocks were down Wednesday, as another turbulent day in the Chinese market had spillover effects to the United States. The Shanghai Index tumbled another 5% within Wednesday’s session, before recovering to finish up more than 1%. But the intra-day volatility impacted other Asian markets such as Japan and Singapore,...
As the price of oil hit a 3 month low & Facebook stock hit an all-time high, the big story to hit the financial headlines today was an interview that appeared on CNBC with Terry Chan-head of S&P Global Ratings Analytical Research. The focus was on corporate debt and...
Energy stole much of the focus today as the price of oil closed above $50 a barrel for the first time since last July.  That helped the energy sector gain nearly 2% but the bio-tech division was down 2.5%. Only the NASDAQ finished in the red. Yesterday, the S&P 500...
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...
U.S. stocks were higher on Wednesday, as the market attempted to recover from another damaging setback yesterday. For most of Tuesday, the market appeared poised to recover a large amount of Monday’s losses, only to make a 180-degree turn in late trading and finish the day down about 1% across...
U.S markets opened the final week of September 2015 with a nervous level of uncertainty on the ambiguity of a possible future rate hike by the Fed, along with more worries about the global economy.  The S&P 500 dropped over 2.4%, falling below the emotionally important level of 1,900...
U.S. stocks were mixed in Tuesday afternoon trading, as market momentum slowed in the face of new increases in Treasury yields. The market moved up on Tuesday morning after receiving better-than-expected housing data. Construction began on 1.13 million new houses in April—considerably better than the expected 1.02 million. However, 10-year Treasury...