Despite the Dow Jones Industrial Average being down over 8 percent-year to date; the NASDAQ down over 13 percent so far this year and the S&P 500 down over 8 1/2 percent, Americans are spending money on retail goods. Consumer discretionary spending gained more than 2 percent to lead...
The markets, by far had their best day of 2016 with the Dow, S&P & NASDAQ all recovering nicely, but the enthusiasm was tempered by a disconcerting headline on CNBC that got the attention of anyone who invests in an ETF or a Mutual Fund. The headline read:
"Red Alert! ...
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...
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...
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,...
Investors are no doubt thrilled that the month of January is over, thanks to substantial markets losses on Wall Street. In the opening month of 2016 the Dow dropped -5.50% , the Nasdaq fell -7.86% last month (its worse January since 2008) and the S&P 500 fell -5.07% for...
U.S. stocks were lower in futures trading Friday morning, as investors awaited word from a key meeting between Greece and its creditors.
Those creditors include other key nations within the Euro zone, including Germany, which rejected Greece’s latest request for a loan extension Thursday. The Germans felt that the request...
It was the best week for the markets since more than a month, and they needed some good news. Even after this week's rally, the Dow is up just over 1% for the year as we close in on the halfway point of 2015.
Monday markets reacted negatively to the...
U.S. stocks were higher on Monday, following European and global markets encouraged by the possibility of a last-minute solution to the Greek debt crisis.
With talks scheduled for today in Brussels, investors turned an eye towards new offers made over the weekend by Greek Prime Minister Alexis Tsipras in order...
U.S. stocks were slightly higher on Wednesday, as investors awaited the summary from this week's meeting of the Federal Open Market Committee.
While Chairperson Janet Yellen is not expected to speak at the meeting's conclusion, further clues are expected as to the timing of an interest rate hike. Most experts...
