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...
Stocks finished lower after several U.S. companies delivered disappointing results and forecasts. UPS was way down after the package delivery company reported revenue that fell short of analysts' estimates. Engine maker Cummins fell 8 percent after the company's earnings fell far short of forecasts. The company also cut its...
Today marked the last day of trading for the week as Wall Street has off tomorrow for Good Friday. Today was a mixed, roller-coaster kind of day for stocks as the market suffered it's first losing week in the last 6 weeks. Banking stocks took the brunt of the...
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...
Words like "recession" & "sell-off" were no-doubt muttered around the trading floors on Wall Street today as the markets experienced huge losses in the beginning of the day due to a massive global sell-off and falling oil prices. The Dow Jones industrial average briefly fell 400 points in afternoon trading,...
The markets spent much of the day treading water with tomorrow's meeting of the European Central Bank (ECB) looming. The President of the E.C.B- Mario Draghi could possibly announce another round 0f stimulus measures, which could include more asset purchases and maybe another cut to the already negative interest...
It was a relatively flat beginning to the start of the trading week, although the Dow did extend its win streak to 5 sessions in a row & The S&P topped 2,000. Energy stocks were up more than 1.5 percent as oil rose above $40 a barrel for the...
Markets extended their winning streak to 3 days in a row after all major indices advanced today. It's the biggest 3 day gain for stocks since the end of last summer. The Dow inched into positive territory for February for the first time following the release of the latest...
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...
The big news of the day: The Federal Reserve decided to maintain the status quo on interest rates. Following its 2 day, closed door policy meeting, Fed Chair Janet Yellen announced that the Fed had pulled back on its prediction of 4 rate hikes this year, and instead believes...
