U.S. stocks experienced considerable volatility on Wednesday, as investors digested the Federal Reserve’s statement at the end of their two-day meeting.
In this afternoon's announcement, the Federal Reserve removed the word 'patient' from their outlook on a forthcoming increase on interest rates. The change in language is believed to signal...
It was a short week on Wall Street due to the Memorial Day holiday. Investors are probably grateful for that, as Tuesday and Friday saw the markets drop a combined 250 points! When all was said and done, May finished with the Dow up just 1% for the year!
Monday...
The Dow Jones Industrial average saw its five day winning streak come to an end today as China was back in the news, which didn't bode well for Wall Street. Weaker-than-expected Chinese trade data increased investor worry about international economic growth.
Ben Pace, chief investment officer at HPM Partners said:
"I...
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...
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...
Volatility was the story yet again on Wall Street Tuesday. The stock market roared out of the gates this morning, jumping more than 200 points in the first half-hour of trading. By noon, the gains had slowed but the market was still well ahead for the day. But by...
U.S. stocks fluctuated considerably Monday, as investors weighed data, oil prices and other factors. By the end of the day, major indexes rebounded thanks to a 3.5% rise in oil prices.
Both indexes suffered major losses last week to end the abysmal month of January. This is the second straight...
It was a down day on Wall St. as stocks closed lower across the board. Investors continued to consider the possibility of a December rate hike and looked closely at 3rd quarter earnings.
According to CNBC:
"Should the economy show signs of improvement and global conditions do not worsen, the Federal...
U.S. stocks moved up on Thursday, the last day of a shortened—but busy—trading week on Wall Street.
The Dow continued its retreat Wednesday, effectively wiping out all of the gains from Monday’s 263-point rally. A 200-point drop on Tuesday did most of the damage and pushed the leading index back...
The stock market finally ended its losing streak on Wednesday, as investors happily grabbed a hold of any good news they could find.
This morning it was oil rallying for the first time in days—up by over 3.5 percent at one point. Energy producers, in turn, led Wall Street gains....
