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...
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...
U.S. stocks were higher Wednesday, as Wall Street looked for clues to Friday’s jobs report after two counteractive sessions to begin the week.
The Dow started Wednesday in the same position as it began the week, as Tuesday’s losses cancelled Monday’s gains. Today, however, investors received a preview of Friday’s...
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...
The Christmas shortened trading week on Wall Street began on an up note as the markets tried to stave off the massive losing streak from last week. Both the S&P 500 and Dow Jones industrial average are still negative year-to-date, down more than 1.5 percent and 3 percent. The...
U.S. stocks closed higher Thursday following news of a cease fire and possible lasting peace deal between Russia and Ukraine.
The cease fire, set to begin Sunday, comes as the result of ongoing negotiations between leaders from both sides. The news provided at least a temporary distraction from the financial...
After a horrendous August, September (Wall Street’s worst month historically) comes in like a bear. U.S. stocks plummeted Tuesday as fears about China and oil prices caused significant drops across all three major U.S. indexes yesterday. Dropping 3%, it marked the third largest daily decline for 2015.
Two separate reports...
There's an old adage that aptly applies to Wall Street these last two days:
"The market taketh and the market givith away!"
Yesterday the markets gained 1%- Today they lost 1% as the S&P 500 has now given back all of its "year to date" gains with its worst day since...
The second day of the trading week saw the NASDAQ post its first 4-day losing streak since January as the tech index closed in the red for the year. The day was also highlighted by a big jump in the cost of oil. The price of a barrel of crude...
It was the start of a monumentally important week on Wall Street as the Fed will consider whether to raise interest rates midweek. It is widely expected that after the Federal Reserve's Open Market Committee's two day meeting on Wednesday, the Fed will decide to raise interest rates by...
