U.S. stocks experienced considerable volatility on Wednesday, as investors digested the Federal Reserve’s statement at the end of their two-day meeting.
In this afternoon's announcement, the Federal Reserve removed the word 'patient' from their outlook on a forthcoming increase on interest rates. The change in language is believed to signal...
Wall Street thought they dodged a bullet when the "Blizzard of 2015" fizzled into little more than a nuisance in New York City. Little did they know more trouble was around the corner.
Stocks took a nosedive from the opening bell on Wall Street Tuesday, as several major corporations reported...
U.S. stocks finished relatively flat on Monday as investors faced the one-two punch of uncertainty in the weather forecast and in overseas markets.
The big story on Wall Street Monday was the impending blizzard scheduled to hit New York City overnight. As of this afternoon, Wall Street hoped to open...
The Monday markets got a big boost from Apple as the computer giant rebounded sharply today adding nearly 4%-it's best day since March. The Dow finished up triple digits while the NASDAQ added 57. Apple's gain was part of an overall improvement in tech stocks. Energy issues also saw...
Markets finished in positive territory for the week after the Bank of Japan today surprisingly introduced a negative interest rate. The benchmark rate of -0.1% means that “commercial banks" in Japan will be charged by the central bank for some deposits as the Bank of Japan starts charging them...
Ahead of a bevy of corporate earning reports this week, stocks moved back and forth on the first trading day of the week with investors on Wall St. waiting to see just how robust the U.S. economy is in the final quarter of 2015. Over the weekend, investors were...
At the midway point of the final trading week of January, U.S. stocks plummeted again following the release of a statement from the Federal Reserve declaring that the Board of Governors had decided to leave short term interest rates unchanged. The central bank said after its two day policy...
U.S. stocks traded lower Tuesday, after another drop in China’s Shanghai Index dulled investors’ reactions to positive housing data.
Overnight, the Shanghai Index dropped another 6.1%, undoing a week’s worth of slow recovery in a market that’s had a disastrous summer. Renewed concerns over further devaluation of the yuan—China’s main currency—were...
The Department of Labor is once again forced to delay the passing of new legislation that would impose a fiduciary standard on advisors working with the retirement assets of millions of Americans.
The rule, which seeks to raise the standards of practice for investment advisors, was first introduced in 2010...
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...
