U.S. stock futures were lower Thursday, as investors turned a wary eye towards rising 10-year Treasury yields.
Yields move in the opposite direction of the bond’s price, so it was alarming when the European trade market saw bonds exceed 2.4 percent—the highest mark in 2015. The volatility seen in the...
U.S. stocks were higher Wednesday, as Wall Street looked for clues to Friday’s jobs report after two counteractive sessions to begin the week.
The Dow started Wednesday in the same position as it began the week, as Tuesday’s losses cancelled Monday’s gains. Today, however, investors received a preview of Friday’s...
U.S. stocks went on a roller-coaster ride Tuesday, losing 100 points before reversing course to trade close to even.
For months, we’ve been reading and hearing about how a stronger dollar was bad for stocks and American businesses. Yet Tuesday morning saw the dollar lose value against a number of...
U.S. stocks were slightly higher Monday, as the markets attempted to rebound from a discouraging finish to the month of May.
Stocks were down for six of the last eight trading sessions in May, culminating in Friday’s 115-point loss on the Dow. Now June begins, a discouraging sign for investors...
It was a short week on Wall Street due to the Memorial Day holiday. Investors are probably grateful for that, as Tuesday and Friday saw the markets drop a combined 250 points! When all was said and done, May finished with the Dow up just 1% for the year!
Monday...
U.S. stocks were lower on Thursday, as hopes of averting the debt crisis in Greece were dashed overnight.
Wednesday saw the markets recover from a Tuesday sell-off, partly on the strength of Greek optimism regarding a deal to solve the nation’s ongoing credit crisis. But European officials denied claims that...
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...
U.S. stocks were considerably lower Tuesday morning, as Wall Street geared up for numerous data releases after the Memorial Day holiday.
Both the Dow and S&P 500 hit new record highs last week, but finished lower to close the week on Friday. On Tuesday, investors watched the following data releases...
For yet another week, the markets remained fixated on interest rates. Stocks moved down on Wednesday when the Federal Reserve all but confirmed that a rate hike is forthcoming sometime this year. However, comments from Chairperson Janet Yellen revealed little about the timing of that rate hike. As a...
Last week, the Department of Labor succumbed to pressure from the financial industry and Congress by extending the comment period on a proposal to impose a fiduciary duty on brokers working with retirement accounts.
Despite the 15-day extension agreed upon by Labor Secretary Thomas Perez, many Wall Street figures remain...
