Today marked the start of the Federal Reserve's two-day meeting to decide whether or not to raise interest rates. The debate on what should be done marches on and Wall Street is divided. It seems nobody wants to make any big moves until the final announcement is made Thursday afternoon.
Asians...
It's been a particularly bad start to the first full week of 2015 on Wall Street, at the major indexes were pummeled Monday in the wake of further drops in oil prices.
The Dow Jones Average was down 331 points—nearly a full 2 percent—as oil continued its freefall, falling more...
U.S. stocks were lower Wednesday, following a couple of critical pieces of information that may have raised more questions about the economy than they answered.
The highlight of this week on Wall Street was expected to be this afternoon’s Fed statement, marking the end of the Federal Open Market Committee’s...
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 market volatility from the last two days continued on Wall Street with the release of the latest minutes from the U.S. central bank's April policy meeting. After being up by 100 points midday, the Dow quickly dropped into red figures following the release of the Fed's April minutes.
According...
Wall Street's losing streak continued for a 3rd consecutive day as the week remained in the red. The S&P 500 dropped into negative territory for the year, while the Dow has now lost over 353 points this week alone. The NASDAQ is down nearly 119 points so far this...
Energy stocks- specifically oil- put a damper on today's meager market gains. The price of oil dropped another 3.3% settling below $29 a barrel. The International Energy Agency, which advises industrialized countries on energy policy, said the overstock of oil would last until at least the end of this...
Following last week's blood-bath on Wall St. investors ran into an immediate headache today as oil dumped more than 6% at one point to a new 12 year low before rising a bit. By the time energy commodities closed US oil finished down $1.75 a barrel, or 5.28%, at...
Market Recap for week of 1/19—1/23
After weeks of focusing primarily on falling oil prices, this week’s big story was the start of quantitative easing in Europe. Much like we did here in the U.S., the European Central bank is pumping this “easy money” into their economy to stop the...
Wednesday was a short, quiet day on Wall Street as the markets closed at 1 p.m. in observation of the Christmas Eve holiday.
During the brief trading day, most investors chose to focus on the weekly jobs report, where claims fell below 300,000 to bring some holiday cheer to the...
