On the last trading day of the week, Wall Street finished on a down note with all three major U.S. indices suffering substantial losses.
The main culprits:
Worry over the "Brexit" vote
Drop in price of oil
Lag in financial stocks
In reference to a forthcoming "Brexit" vote later this month in Britain, (whether...
After experiencing the first positive week of the year last week, the markets opened the first session of the new week today on an up note. The good day on Wall Street was led by the Dow, which at one point was up over 250 points. Shares of United...
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...
Stock Market Recap for 3/9-3/13
Again, volatility was the name of the game on Wall Street this week. The market primarily followed the value of the U.S. dollar and the price of oil, both of which experienced wild swings in both directions. By the end of the week, all 2015...
"The Markets will have a day of reckoning!"
Those were the words of billionaire investor Carl Icahn, who told CNBC's Power Lunch today that he is "extremely cautious" on the U.S. markets. The result of his warning was a big drop on Wall Street today as The Down dropped over...
Today marked the start of the holiday shortened, Thanksgiving week on Wall Street & the markets spent most of the session trying to figure out which way was up. In the end: It was down. Earlier in the day, figures showed that the deadly attacks in Paris seemed to...
All eyes were focused on Europe early Thursday, as President of The European Central Bank Mario Draghi announced he would add 1.2 trillion dollars to the over 66 billion dollar quantitative easing program that was already in place. Draghi cited turmoil in China and slow global growth as his...
Wednesday was a good day for the Dow as the index finished up triple digits. Goldman Sachs and IBM contributed the most to gains. Oil also closed at a 2016 high, rising above $49 per barrel. Energy, materials and financials traded more than 1 percent higher.
It's been the best...
An extremely volatile day on Wall Street saw markets suffer big losses as the S&P 500 gave back all of its gains for 2016 and the Dow Jones Industrial Average suffered triple digit losses. The fact that the Japanese Yen continued its strength against the U.S. dollar increased worries...
U.S. stocks were lower Monday, as the leading Dow Jones index fell into the red for the year.
Investors began the week with concerns over the continuing crisis in Greece as well as volatility in the bond markets at home. 10-year Treasury notes soared to their highest levels in eight...
