The next-to-last-day of 2014 was a tumultuous one on Wall Street, as low volume trading led to a decline of almost 2% in the utilities sector.
Overall, 2014 has been a positive year for utilities, which are up more than 25%. That’s why many experts were caught off guard by...
The Dow topped the 18,000 for the first time since July, 2015 as it closed up over 106 points today. Oil prices were down 58 cents, or 1.4 percent, at $39.78 a barrel. Crude fell more than 6.5 percent overnight after oil producers meeting in Doha, Qatar yesterday failed...
Financial and tech stocks led a third straight day of gains on Wall Street. It comes the day after Fed Chair Janet Yellen calmed market watchers with her comments that the Fed would take its time and carefully consider raising interest rates over the foreseeable future.
Chicago Fed President Charles...
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...
It’s been another ugly day on Wall Street Wednesday, with the Dow dropping 200 points by noon off continued fears over interest rate hikes.
As the month of March—and the first quarter of 2015—winds to a close, investors are also expressing concern over how the stronger U.S. dollar will impact...
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...
U.S. stocks were higher on Thursday, as investors digested a mixed bag of news and data.
Widespread selloffs in government bonds pushed 10-year Treasury yields to their 2015 high of 2.25 at one point on Wednesday. Meanwhile, Federal Reserve Chair Janet Yellen offered her opinion that stock market valuations are...
U.S. stocks were higher on Friday, as continued rises in the prices of both U.S. and Brent Crude oil gave investors confidence heading into the end of the work week.
The Euro zone reported GDP figures that grew 0.3 percent in the final quarter of 2014—higher than the expectations of...
Coming off its worst week in months, the Dow attempted to recover this week… but those efforts were undone by more weak economic data. The Federal Reserve still won’t commit to an interest rate hike, and as we reach the end of July, the Dow is still underwater for...
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...
