Wall Street's three day winning streak came to an abrupt end today as corporate earnings helped drag down the major averages. Wal-Mart and Goldman Sachs were among the heaviest drags on the Dow. At one point during today's session Wal-Mart stock was down over 5%. The retail giant reported...
The last trading day of the week marked a mixed day on Wall Street but for the first time this year volatility was not a major concern, as the market had it's fist positive week of the year. All U.S. markets were up between 2.5% and 3.8% this...
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...
Poorly performing energy stocks and a significant drop in the price of oil made for a down day on Wall Street. U.S. crude oil dropped $1.52, or a fraction over 4.5% percent to finish the day at $31.87 a barrel. The Conference Board reported that its consumer confidence index...
Another increase in the price of oil helped the market rebound from yesterday's losses. Oil recovered from a sharp overnight decline to settle up 28 cents, or 0.88 percent, at $32.15 a barrel.
Compounding global economic concerns, however is the fact that the British pound is feeling pressure over whether...
It seems to be the case nearly every day on Wall Street that when the price of oil drops so does the market but when the price of oil rises- the market advances with it, and that was the situation today. Oil closed up 2.86% after a report that OPEC...
On a day when NJ Governor Chris Christie officially endorsed Donald Trump as the Republican Presidential nominee, markets struggled to gain any ground. The markets finished mixed on Friday but up for the week. There was continued concern about the solvency of Puerto Rico after the island's governor said...
On this "leap day" February 29, 2016 markets did not get the positive jump they were hoping for on this first day of the new trading week. Bucking what has been the recent trend of "low oil equals low markets," Wall Street suffered losses despite the fact that oil...
"Super Tuesday" was truly a super Tuesday on Wall Street as the markets had big gains. The Dow Jones industrial average climbed 348 points, while the The Standard & Poor's 500 gained 46 points and the NASDAQ composite rose 131 points. The recent stock market gains and positive economic...
The Federal Reserve released its most recent "Beige Book" today. The summary on current economic conditions by the Fed indicated that "economic activity has increased in most regions & consumer spending rose in most districts."
The business activity snapshot further complicates the Federal Open Market Committee's process of determining...
