CNBC reported late today that the Fed is telling banks to prepare for the possibility of negative interest rates.
"For the first time ever, the governing agency and U.S. central bank is requiring banks to include, in a round of stress tests commencing this year, to prepare for the possibility...
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. stock futures stayed relatively level Tuesday as investors continued to digest news from the Euro zone, where the end of Greece’s bailout program continues to loom large.
Talks broke off abruptly Monday between Greek officials and representatives from other Euro Zone nations. An official from Greece Prime Minister Alexis...
Another up day on Wall Street to start the new trading week. Despite signals to the contrary, the market continues to baffle many experts who do not believe the bulls should be running. Wall Street is on it's way to three straight weeks of gains as the Dow and...
The first trading week on Wall St. continued to be one that investors will soon want to forget. Once again all of the major indices suffered big losses, thanks to the continuing devaluation of China's currency. Reuters reported that-
"China's central bank is under increasing pressure from policy advisors to...
Wall Street is now running a month and a half winning streak after finishing mixed today. The much anticipated jobs report from the Bureau of Labor Statistics for October far exceeded experts' expectations as it showed the addition of 271,000 jobs, thoroughly surpassing expectations of about 180,000, with the...
"I just think people are bottom-fishing here" -James Meyer, chief investment officer at Tower Bridge Advisors
And thus was one investor's opinion of what happened on Wall Street on Tuesday. Markets experienced a 2nd straight day of gains as the S&P added 1%, oil stabilized and Caterpillar (one...
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 down dramatically Monday, as investors braced for an historically bad day on Wall Street.
The Dow was down over 850 points within minutes of the opening bell. NASDAQ was down 370, with the S&P 500 down close to triple digits. All three major indices are sharply into...
