U.S. stock prices were mixed on Monday, as investors searched for direction following another week of volatility. Oil prices, currency values, and the latest Federal Reserve policy statement all played a role in leading the market to a week of 100+ point swings every day. This week, data moves back into...
It’s been nearly a month since President Obama made a strong push for fiduciary responsibility on Wall Street, explaining that biased financial advice robs everyday Americans of billions of dollars each year. Since that time, politicians and financial advisors alike have weighed in on the issue. But on Tuesday, perhaps...
U.S. stocks were lower on Thursday, one day after the Federal Reserve altered language in a statement that indicate interest rate hikes may be on the way. The Fed dropped the word ‘patient’ from its March statement, leading investors to believe that the days of zero-interest rates are coming to...
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...
Stocks moved lower on Tuesday morning, as investors continue to look towards tomorrow’s Federal Reserve statement for hints of whether an interest rate hike is around the corner. The lower open follows a 228-point jump in the Dow on Monday, as investors ignored a new six-year low in oil prices...
U.S. stocks moved higher on Monday, as investors looked towards a week that could determine the course of the markets for much of 2015. Last week, the market fluctuated up and down with moves of 100+ points on four out of five days. Investors were spooked by a strong dollar,...
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...
U.S. stocks were higher on Thursday, as the market attempted to recover from a rough stretch that has wiped out all 2015 gains in the major indexes. In the past four days, the Dow shed 500 points, while the S&P 500 tumbled almost 4% from its all-time high just 10...
Stocks were sharply lower on Tuesday, as another dip in oil prices concerned investors. Brent crude prices fell almost 4 percent in early trading Tuesday, while U.S. crude prices dropped below $50 per barrel yet again with a drop of 3.4%. Adding to concerns was the fact that the price...
Six years ago, Wall Street was going through a dark time. The 2008 Great Recession cut the value of the stock market by more than half, and it was on this date—March 9, 2009—that the S&P 500 bottomed out at 676.53. Since that day, it’s been the market’s time to shine....