The market displayed some explosive volatility today and eventually continued its downward slide from last Friday. At one point the Dow Jones Industrial Average was down over 400 points before recovering half the losses.. The major concern today was worries over global growth. Kate Warne, investment strategist at Edward...
January 2016 will be a month that most investors will want to forget. So far this year The Dow is down -8.25%; the NASDAQ is off -10.36% and the S&P 500 has dropped -8% in just the first three trading weeks of 2016. Today's figures did not improve on...
U.S. stocks were higher on Wednesday, as markets attempted to recover from Tuesday's clobbering.
The Dow, NASDAQ and S&P 500 all lost more than 1% on Tuesday—the worst day this month on Wall Street. The dollar was the main culprit, rising more than 1.3% during the day and reaching its...
The middle of the trading week was an up and down affair as stocks floundered for most of the day. A big bite was taken out of Apple as stock in the world's biggest company slumped by as much as 3.5% before finishing down 3.15%. According to foxbusiness.com:
Credit Suisse said...
U.S. stocks were higher Thursday, as investors moved on from the Federal Reserve’s statement to eye inflation data.
The Federal Reserve not only avoided raising interest rates, they offered little in the way of hints as to the eventual timing of such a hike, although Fed Chair Janet Yellen did admit...
U.S. stocks tumbled again Friday, creating a sour finish to what’s been an ugly month on Wall Street.
Both the Dow and S&P are down at least 2% in this first month of 2015, as continued volatility and fear over dropping oil prices have ruled the markets in January. Even...
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...
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...
It’s out of the frying pan and into the fire for Wall Street today.
After limping away from the last days of September, stocks took another big hit today as the Dow fell over 240 points and the S&P dipped another 1.3%. As of 2:00 p.m. today, the losses on...
U.S. stocks were flat on Thursday, as investors considered the latest GDP figures from the Commerce Department.
First-quarter GDP was revised to a figure of 0.6% growth—up from the previous reading of-0.2%. However, the widely-promised 2nd-quarter recovery did not come to fruition, as the number came in at 2.3% growth—falling...
