It was a winning week for the Dow, though you’d never know it from the news on Wall Street. This week was dominated by concerns over China’s currency devaluation, which many saw as the first sign of an impending “currency war.” Oil prices also hit their lowest levels since...
U.S. stocks were mixed Thursday, as investors digested numerous data reports and the slide in oil prices continued.
Oil prices tumbled yet again, this time to $42.17 per barrel. Each decline is setting a new six-year low at this point—meaning oil prices haven’t seen levels this cheap since 2009.
Weekly jobless...
U.S. stocks finished flat on Wednesday, as investors continued to show growing concern over global growth.
A topsy-turvy day saw the Dow drop 277 points in morning trading, before an afternoon rally returned the index to its starting point. The Chinese yuan declined yet again, as the People’s Bank of China...
Wall Street’s markets have been in full-fledged panic mode since yesterday morning. The Dow shed 1.3% on Tuesday, and dropped another 1% at the start of trading Wednesday. Presidential candidate Donald Trump was quoted as saying the potential fallout could ‘devastate’ the United States.
It’s all a reaction to a series...
U.S. stocks were lower on Tuesday, after a surprise devaluation of the Chinese yuan took away the momentum of yesterday’s rally.
On Monday, the Dow broke a 7-day losing streak, rallying to finish up by 241 points. But this morning investors watched as many of those gains were taken back,...
The long debate over conflicts of interest on Wall Street will reach its boiling point this week, when the Department of Labor (DOL) hosts numerous hearings over the proposed fiduciary rule.
All sessions will be conducted at DOL headquarters in Washington, D.C., and will feature numerous participants representing opposing sides...
U.S. stocks were higher on Monday, as Wall Street finally saw its' 7-day losing streak finally come to an end.
Investors were encouraged by some news from Greece, where Euro Zone officials suggested banks could get their first infusion of cash shortly, even prior to passing a stress test from...
It was a disastrous week for Wall Street, as the Dow lost ground every day this week, extending its losing streak to seven days overall! Oil prices, global turmoil and the possibility of an impending interest rate hike all played a role in the Dow shedding almost 2% over...
U.S. stocks were down sharply Thursday, as investors' worries took control of the market.
Experts believe that the uncertainty over economic growth are pushing the market lower right now. Worse yet, many see little potential for a quick turnaround that would end this losing streak. Tomorrow's jobs report will be...
U.S. stocks were even on Tuesday, as investors kept a wary eye on oil prices that continued their July plummet on the first day of August.
Throughout the month of July, oil prices fell 21%. They added another 4% to that drop before stabilizing this morning. Oil is currently trading...
