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...
Volatility and concern over world markets was still very evident at the start of Tuesday trading as the markets struggled to regain any of the substantial losses from the prior day.
Following Monday's performance the major averages remained in correction territory- more than 10 percent below their 52-week highs.
Continued signs...
On this last day of September, stock markets made back a decent amount of the losses from earlier in the week but even with today's gains, tremors rumbled through the financial world following dire predictions from billionaire business entrepreneur Carl Icahn.
Icahn told CNBC's "Fast Money: Halftime Report" today:
"Markets look...
Following the worst quarter in 4 years, stocks finished the 1st day of the 4th quarter in mixed fashion. Stocks initially fell on the first day of October after the release of The Institute for Supply Management's (ISM) Manufacturing Index which dipped to it’s lowest level since May 2013...
The trading week concluded on Wall Street on an up-note making back much of the week's losses, but attention focused on job creation or the lack thereof. The Labor Department reported that the U.S. economy added 142,000 jobs in September- well below the expected 203,000. Challenger, Gray & Christmas...
Stocks rose across the board on the first Monday in October. IBM was responsible for a big chuck of the gains on the Dow, along with energy stocks while the S&P 500 and Nasdaq moved back into the black for the first time this year. The S&P rose a...
Stocks finished mixed on Wall Street led by a big decline in the biotech sector, and the S&P 500 closed lower after putting up its first 5-day win streak of the year on Monday. The world economy is still experiencing growth issues as the International Monetary Fund (IMF) cut...
Wall St. moved in a positive direction today as stocks traded mostly higher following the release of the minutes from the Fed's September meeting, which indicated that policymakers were worried about slower economic growth around the world. According to Myles Clouston, senior director at Nasdaq:
"The Fed minutes from September...
Even though the S&P 500 posted its biggest weekly gain of 2015 and the Dow was on pace to record its best week since February, industry insiders (CEOs & corporate directors and founders) were not buying. The big question is: why? Today's CNN-Money explained it this way:
"Typically, when the...
Ahead of a bevy of corporate earning reports this week, stocks moved back and forth on the first trading day of the week with investors on Wall St. waiting to see just how robust the U.S. economy is in the final quarter of 2015. Over the weekend, investors were...
