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...
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...
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...
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...
Despite surprisingly strong retail sales figures from Walmart & The Gap today , the markets suffered across the board losses. It comes on the one year anniversary of the Dow's last record high: (May 19, 2015- 18,312)
History says the stock market is not likely to hit a new record...
U.S. stock futures were close to even Tuesday, following another disappointing day for equities on Monday.
Monday's session pushed the Dow Jones Average into the red for 2015, and continued what’s becoming a troubling string of losses on the market. 10 of the last 14 sessions have seen the major...
Stocks closed down again today on the final trading day of the week and a headline on CNBC today got a lot of people's attention.
"World economy seems trapped in 'death spiral."-according to Citigroup
According to CNBC:
Some analysts — including those at Citi — have turned bearish on the world economy...
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...
When we look back on 2015, this could be the week that marked the turning point; the end of the bull market. All three major indices were annihilated to the tune of 5%-7% losses. The Dow and S&P 500 are now decisively negative for the year after the worst...
U.S. stock futures were lower Thursday, as investors turned a wary eye towards rising 10-year Treasury yields.
Yields move in the opposite direction of the bond’s price, so it was alarming when the European trade market saw bonds exceed 2.4 percent—the highest mark in 2015. The volatility seen in the...
