With the looming, monthly jobs report due out tomorrow, the market took a wait & see approach today with moderate gains. The healthcare sector saw the most advances as the S&P 500 closed above the 2,100 level for the first time since April.
Many investors on Wall Street are also...
Wall Street suffered losses across the board as oil prices dropped and more Federal Reserve Bank presidents suggested the Fed might raise interest rates next month. The price of a of crude oil plummeted to $41.75 per barrel, falling 2.8%. San Francisco Federal Reserve President John Williams said...
As word leaked out late yesterday afternoon that the Federal Reserve will be requiring U.S. banks to consider the idea of how they theoretically could handle a "negative interest rate" scenario, Fed Chair Janet Yellen told a congressional hearing today that "the central bank has not completely researched whether...
U.S. stocks were higher on Thursday, as investors hoped to recover after a particularly disastrous day on Wednesday.
Not only did major U.S. indices fall anywhere from 1.5%—2% on the day, an extended technical glitch shut down trading at the New York Stock Exchange (NYSE) for about 3.5 hours. This...
U.S. stocks slid early on Friday, as investors returned their focus to energy prices.
Oil was down more than 1% in early trading, as word emerged of the passing of Saudi Arabia’s King Abdullah. No change in policy is expected, but uncertainty was enough to fuel concern on an already...
U.S. stocks were lower in Monday trading, as investors reacted to the news of the latest downturn in the Chinese markets.
It’s been an ugly summer for Asian equities, and that’s been most evident in China. The Shanghai Index—China’s largest—has fallen a total of 28% since reaching its all-time high...
An increase in the price of oil and strong showings within the financial industry gave stocks a boost today. The Dow Jones industrial average added more than 160 points with Chevron and Goldman Sachs leading the Dow. Oill rose 4.5% closing at $42 per barrel (a 2016 high) following...
U.S. stocks were lower on Wednesday, the first day of trading in the second quarter. The first quarter came to a disappointing end for investors yesterday, as a 200-point drop in the Dow sent the leading index back into negative territory for 2015.
The continued market volatility drove stock prices...
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...
Stocks finished the day mostly lower on declines in health care and technology stocks, as Apple fell to a level not seen in nearly 2 years. The retail sector also took another hit as Nordstrom stock fell 14% on disappointing 1st quarter earnings. Today's market news was also highlighted...
