U.S. stocks finished mixed at the conclusion of Monday trading amid declines in oil prices,which fell nearly 3% as traders assessed the impact of wildfires on Canada's oil output.
In the meantime, with the U.S. Presidential election still 6 months away, the candidates are being judged as to what their...
Following yesterday's advances on Wall Street where the Dow Jones Industrial average gained 222 points (thanks to a rally in financial shares), the Dow gave back much of those gains due to poor corporate earnings reports. The Dow lost over 200 points due mostly to disappointing first quarter earnings...
Stocks finished the day mostly lower on declines in health care and technology stocks, as Apple fell to a level not seen in nearly 2 years. The retail sector also took another hit as Nordstrom stock fell 14% on disappointing 1st quarter earnings. Today's market news was also highlighted...
Friday the 13th was an unlucky day for Wall Street today as the Dow gave back most year to date gains. The Dow Jones industrial average briefly fell more than 200 points at one point in afternoon trading, with Goldman Sachs, Boeing, 3M and Wal-Mart contributing the most to...
The Monday markets got a big boost from Apple as the computer giant rebounded sharply today adding nearly 4%-it's best day since March. The Dow finished up triple digits while the NASDAQ added 57. Apple's gain was part of an overall improvement in tech stocks. Energy issues also saw...
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 market volatility from the last two days continued on Wall Street with the release of the latest minutes from the U.S. central bank's April policy meeting. After being up by 100 points midday, the Dow quickly dropped into red figures following the release of the Fed's April minutes.
According...
Despite surprisingly strong retail sales figures from Walmart & The Gap today , the markets suffered across the board losses. It comes on the one year anniversary of the Dow's last record high: (May 19, 2015- 18,312)
History says the stock market is not likely to hit a new record...
After a volatile past couple of days, markets tried to salvage a win on the last trading day of the week. Financial stocks were among the issues that advanced as the major averages attempted to recoup some of the losses for the week after falling amid renewed concerns of...
It was a good day for new homes sales and that had a positive effect on the market. The Dow finished up triple digits and the NASDAQ closed up 2% as the financial and tech sectors had good days too. New home sales jumped over 16.5% as Toll Bros....
