The last day of November meant Cyber Monday savings for millions of online shopping Americans. Cyber Monday is marking it's 10 year anniversary this year, trying to persuade people to shop via the internet. The term was first used on November 28, 2005 by Ellen Davis who stated in...
Stocks showed gains on the second trading day of the week despite the fact that the U.S. manufacturing sector contracted in November, dropping to its worst levels in over 6 years when the American economy was still in the middle of a debilitating recession. The latest report by the...
Energy stocks fell over 3% as oil prices dropped below $40 a barrel -levels not seen since August, 2015. Wall Street suffered losses across the board as the Dow finished in negative territory for the year after Fed Chair Janet Yellen supported the case for a rate hike at...
Any ideas of a pre- "Santa Claus" rally on Wall Street faded very quickly today as stocks suffered heavy losses, while investors continue to ponder "if and when" the Fed will raise interest rates possibly next month. At one point today the Dow was down 300 points while the...
Comments by European Central Bank (ECB) President Mario Draghi and a solid jobs report boosted investors' confidence as stocks rose 2% across the board today. The Dow added almost 370 points while the NASDAQ was up by over 104 points.
ECB chief Mario Draghi told the Economic Club of New...
The first day of the trading week on Wall Street was covered in red as all three of the major indices took a hit. The energy sector was the biggest loser with oil down $2.32 to $37.65 a barrel, the lowest level since February 2009- A seven year low....
With just one week to go before the Federal Reserve is expected to raise interest rates for the 1st time since June of 2006s, global stocks faced another down day today as the price of oil dropped again and metals lagged. The Dow finished down over 161 points.
According a...
Wall Street's losing streak continued for a 3rd consecutive day as the week remained in the red. The S&P 500 dropped into negative territory for the year, while the Dow has now lost over 353 points this week alone. The NASDAQ is down nearly 119 points so far this...
For the first time this week, Wall Street finished in the black as the markets broke a three day losing streak.
Adam Sarhan, CEO of Sarhan Capital told CNBC:
"In general, when you step back, we're still range-bound," he said. The major averages have closed lower for five out of the...
The continued free-fall in the price of oil sent stocks into a downward spiral today. A 3% decline in energy issues led to to losses across the board-the 4th down day of 5 this week. The Dow fell over 309 points, while the NASDAQ dipped below 5,000. Oil closed...
