Coming off its worst week in months, the Dow attempted to recover this week… but those efforts were undone by more weak economic data. The Federal Reserve still won’t commit to an interest rate hike, and as we reach the end of July, the Dow is still underwater for...
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...
U.S. stocks were slightly higher on Wednesday, as investors awaited the summary from this week's meeting of the Federal Open Market Committee. While Chairperson Janet Yellen is not expected to speak at the meeting's conclusion, further clues are expected as to the timing of an interest rate hike. Most experts...
U.S. stocks were higher on Tuesday, as Wall Street broke its longest losing streak of 2015. All three major indices (Dow, NASDAQ, S&P 500) have finished in the red for five consecutive days, shedding anywhere from 2.5%-4% in that time. Investors hoping to stop the bleeding turned their attention to...
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...
U.S. stocks were slightly higher on Tuesday, as investors moved their attention away from Greece and back to information on the U.S. economy. Today’s biggest piece of data—retail sales—proved disappointing, as June figures showed a decline of 0.3 percent. Experts and analysts had been expecting an increase of 0.3 percent. Treasury...
The theme of 2015 has been plenty of volatility, with few results on the stock market. That was certainly the case this week, as the market saw wild swings from day to day. But by the end of the week, the Dow and S&P were where they've been for...
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 were lower on Wednesday as investors began to worry over continued issues in Chinese markets. The current figures show the S&P trading at a loss thus far in 2015. Right before noon, trading on the NYSE was suspended due to a technical malfunction. It didn't resume until after...
U.S. stocks were higher on Tuesday, as investors attempted to find direction amidst news in Greece and at home. While any developments in Greece’s debt saga will certainly continue to affect U.S. markets, Tuesday’s activity suggested a refocusing towards issues here in the states, and a continued concentration on the...