U.S. stocks were mixed Thursday, as investors digested numerous data reports and the slide in oil prices continued.
Oil prices tumbled yet again, this time to $42.17 per barrel. Each decline is setting a new six-year low at this point—meaning oil prices haven’t seen levels this cheap since 2009.
Weekly jobless...
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. stocks were higher Monday, after shedding almost 1% in early trading. The continued slide in oil prices worried investors, as experts said the trend was becoming ‘problematic’ due to the inability of prices to find any sort of stability.
As of this morning, West Texas crude oil prices stood just...
Even experts and investors accustomed to the volatile world of Wall Street had to admit that last week was a particularly worrisome time.
The week started with the markets ending a seven-day losing streak on Monday, as the Dow bounced up 241 points. But the very next day, the index...
U.S. stocks traded lower Tuesday, after another drop in China’s Shanghai Index dulled investors’ reactions to positive housing data.
Overnight, the Shanghai Index dropped another 6.1%, undoing a week’s worth of slow recovery in a market that’s had a disastrous summer. Renewed concerns over further devaluation of the yuan—China’s main currency—were...
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,...
U.S. stocks were hammered on Thursday, as investors continued to fret over the dropping price of oil.
Crude oil dipped below $40 per barrel early on Thursday, a fresh 6 ½ year low for prices. The latest drop was buoyed by an unexpected surplus in the latest report on U.S....
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. stocks were down dramatically Monday, as investors braced for an historically bad day on Wall Street.
The Dow was down over 850 points within minutes of the opening bell. NASDAQ was down 370, with the S&P 500 down close to triple digits. All three major indices are sharply into...
U.S. stocks were down on Tuesday, as the major indices attempted to move out of correction territory after another disastrous day Monday.
The Dow just wrapped up its worst three-day stretch in history, losing a total of 1,477 points since Thursday—approximately 9% of the Index’s total value. While Tuesday was being...
