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...
It seems to be the case nearly every day on Wall Street that when the price of oil drops so does the market but when the price of oil rises- the market advances with it, and that was the situation today. Oil closed up 2.86% after a report that OPEC...
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 mixed on Wednesday, as investors and experts disagreed on the meaning of the latest Federal Reserve meeting minutes.
The second half of this week is expected to be dominated by Federal Reserve policy statements and press conferences.
At 2 p.m. today, the Federal Reserve released the minutes from...
A gradual increase in the price of oil over the past 4 weeks has helped the stock market pick-up some decent gains. U.S. crude oil settled up 66 cents, or 1.74 percent, at $38.50 a barrel. Oil is now up 10% in a month. Another report says that the...
Markets were up today as JP Morgan's earnings beat Wall Street's predictions and an overseas rally in China followed some encouraging trade data. The Dow closed at a 5 month high and financial stocks led the way.
Terry Sandven, chief equity strategist at U.S. Bank Wealth Management explained today's rally...
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...
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...
U.S. stocks traded lower Monday, as investors watched the fallout from Greece’s credit crisis affect markets in Europe.
As negotiations over a potential Greek bailout program continued, European markets dropped as much as 5 percent due to the uncertainty that followed a speech by Greece’s Prime Minister Alexis Tsipras.
Tsipras reiterated...
Despite the NASDAQ closing at a new record high today, both Republican Presidential nominee Donald Trump and world renowned economist and publisher of the Gloom, Boom and Doom Report Marc Faber said today that the markets are ready for a big fall.
A day after detailing his economic plan, Donald...
