Stocks fell from their record highs today as comments from one of the Federal Reserve bank presidents spooked investors on Wall Street.
New York Fed President William Dudley said that a September rate hike "is possible."
Dudley told Fox Business Network-
"I don't think my views have changed very much. I think...
Monday marked a great start to the trading week for all three major U.S. stock indices. The Dow, S&P 500 & NASDAQ each closed at all-time record highs. Why and what does it mean? See more from CNBC's Bob Pisani below.
Meantime, one giant in the hedge fund industry-David Tepper...
The markets retreated a bit on the last trading day of the week but they are still at or near all-time highs. With that being, said you may be wondering what happened the last time all 3 major U.S. stock indexes were at all-time record highs? Well, that was back...
As all three U.S. stock indexes finished with record closes, word came today that Macy's, one of the world's largest retailers is closing 100 of its 650 stores, or 15% of its global locations. According to Challenger, Gray & Christmas, more than 43,600 layoffs have been announced in the...
Hump-day on Wall Street meant a down day for the market as all three major indices ended in the red. Energy stocks led the decline, falling 1.5% with oil finishing lower. Oil dropped almost 2.5% to close at $41.71 per barrel.
As CNBC's Bob Pisani reported today, the market is...
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...
Rising oil prices highlighted the first day of the new trading week as investors awaited the results of new sales data expected by the end of the week. The markets began the day with the S&P 500 and NASDAQ at new, all-time high record levels.
More from CNBC below.
Oil rose...
A better than expected July jobs report helped vault the markets into higher territory today. The U.S. economy added 255,000 jobs in July, well above the expected 180,000. The unemployment rate remained unchanged at 4.9% but today's unemployment report sent stocks on major upswing with the S&P 500 &...
Ahead of Friday's U.S. jobs report, today the Bank of England cut interest rates in the U.K. to avoid a possible post-Brexit vote recession. Policymakers voted unanimously to cut rates a quarter point to 0.25% in the BOE's first rate reduction in seven years. Banking officials in the UK...
Investors continued to appear nervous as stocks barely held their own today. The market avoided its 8th straight day of losses. Prior to yesterday's setback the Dow's last 7 day losing streak was a year ago in August of 2015. Oil recovered some today, gaining $1.32 and closing above...
