Wall Street barely avoided disaster this week, as the Dow fell below even for 2015. The Greece saga sent the markets to their worst day of 2015 on Monday, as the Dow lost 350 points. Investors certainly weren’t sorry to see this week end one day early…
***DOW DOWN...
U.S. stocks were higher Wednesday, as investors reacted to more developments in the ongoing Greek debt saga.
Early Wednesday in Europe (overnight here in the U.S.) Greek Prime Minister Alexis Tsipras sent a letter, detailing his desire to accept the terms of an additional bailout package offered by European creditors....
U.S. stocks had their worst day of 2015 Monday, as investors had their first chance to react to potentially disastrous news from Greece over the weekend.
Both the Dow and S&P 500 fell into the red for the year thanks to the disastrous session.
Debt settlement talks between Greece and their...
The markets spent the entire week following the news from Greece—and as the Greek government and European officials struggled to reach a deal, U.S. markets turned in a sub-par performance. As a result, the Dow stands at just +0.7% for the year, with Tuesday marking the halfway point of...
U.S. stocks were lower on Thursday, as the market continued to followed ongoing debt negotiations between Greece and other European powers.
One market analyst said the market was ‘held hostage’ until the negotiations were completed with a resolution one way or another. Meetings are ongoing in Brussels throughout the day,...
U.S. stocks tumbled Wednesday, as the continued inability of Greece and its creditors to reach a settlement frustrated investors.
Greece Prime Minister Alexis Tsipras expressed anger at the slow-developing plans ahead of today’s meeting with Euro Zone officials in Brussels. As the deadline—now a mere five days away—approaches, the possibility...
U.S. stocks moved slightly higher on Tuesday, as investors continued to wait for confirmation of a deal to keep Greece from going into default.
The Greek government presented new reform proposals Monday in hopes of avoiding—or at least staving off—a disastrous situation that could result from a missed payment to...
U.S. stocks were higher on Monday, following European and global markets encouraged by the possibility of a last-minute solution to the Greek debt crisis.
With talks scheduled for today in Brussels, investors turned an eye towards new offers made over the weekend by Greek Prime Minister Alexis Tsipras in order...
It was the best week for the markets since more than a month, and they needed some good news. Even after this week's rally, the Dow is up just over 1% for the year as we close in on the halfway point of 2015.
Monday markets reacted negatively to the...
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...
