After some encouraging employment numbers for March the Dow closed near a 4 month high ending the week on a positive note. Even though oil finished down $1.55 a barrel closing at $36.79 (which wiped out gains for the year) the Dow Jones industrial average closed up about 107...
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...
For the second day in a row Wall Street was singing the blues as financial stocks and falling oil prices led decliners. The S&P 500 dropped 1% eliminating most of its gains this year, while the Dow Jones Industrial Avg. suffered its first triple digit loss in almost a...
An extremely volatile day on Wall Street saw markets suffer big losses as the S&P 500 gave back all of its gains for 2016 and the Dow Jones Industrial Average suffered triple digit losses. The fact that the Japanese Yen continued its strength against the U.S. dollar increased worries...
Despite rallying late in the day and finishing with some small gains, stocks suffered their worst week since February thanks to persistent worry over the strength of the global economy and the continued rise of the Yen against the U.S. dollar.
Stephen Freedman, senior investment strategist at UBS Wealth Management...
Today marked the start of earnings season as major corporations began reporting their 1st quarter-2016 profits. Many analysts are expecting a disappointing first quarter. Today's Wall Street Journal explained why "Earnings Season" will be as bad as Wall Street expects. Read the story here.
According to a report on CNBC one...
An increase in the price of oil and strong showings within the financial industry gave stocks a boost today. The Dow Jones industrial average added more than 160 points with Chevron and Goldman Sachs leading the Dow. Oill rose 4.5% closing at $42 per barrel (a 2016 high) following...
Markets were up today as JP Morgan's earnings beat Wall Street's predictions and an overseas rally in China followed some encouraging trade data. The Dow closed at a 5 month high and financial stocks led the way.
Terry Sandven, chief equity strategist at U.S. Bank Wealth Management explained today's rally...
Stocks eked out some meager gains today but much of the focus was on a report from federal regulators that says five of the biggest banks in the U.S. have inadequate plans in case of failure, potentially leaving them unable to cope with financial distress without another taxpayer bailout....
Usually April 15th is the day when tax filings are due to the Internal Revenue Service, but because today is "Emancipation Day" Americans have a reprieve until this Monday, April 18th to file their Federal and State tax returns.
The IRS is observing a holiday that is usually only observed...
