The first day of the trading week on Wall Street was covered in red as all three of the major indices took a hit. The energy sector was the biggest loser with oil down $2.32 to $37.65 a barrel, the lowest level since February 2009- A seven year low....
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...
Tuesday, August 12
Markets started strong Monday, but stagnated over the day as what appeared to be good news on the geopolitical front turned increasingly neutral. Trading was particularly light as investors waited for greater clarity on a variety of geopolitical issues.
Early Monday, Russian President Putin announced his intention to...
The Dow took a beating in the final two days of trading this week—and went down almost 1%. For the year 2015, the Dow stands at a tiny 0.18% gain!
Monday was the first day of June, and Wall Street looked to break a May losing streak. Technically, they were...
Monday stocks saw great volatility, starting the day up more than 100 points in the morning before beginning a slow decline that would last the rest of the day. Once again, uncertainty over oil prices was the culprit, and the Dow finished the day down 99 points.
Tuesday stocks started...
Stock futures were flat Wednesday morning after comments from Federal Reserve Chair Janet Yellen pushed the Dow and S%P 500 to new record highs on Tuesday.
Yellen’s comments in front of the Senate Committee on Banking, Housing and Urban Affairs left investors with the impression that the Central Bank is...
The first trading day of the week was a downer for investors as the volatile price of oil continued to exert its influence on the markets. U.S. crude oil settled at $35.70 a barrel, down $1.09 or 2.96 percent, ending at its lowest level since March 4th. What's causing...
After much anticipation The Federal Open Market Committee has announced it will not raise interest rates this month. Fed Chair Janet Yellen stated at a press conference that their decision to keep interest rates where they are was based on instability in foreign markets, especially China, and that the...
Boosted by strong earnings reports from Walmart and Home Depot, Wall Street finished mixed with modest gains, tempered by declines in oil prices and continued geopolitical concerns re: ISIS. Investors are waiting for the release of the latest minutes from the most recent meeting of the Federal Open Market...
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...
