Volatility was the story yet again on Wall Street Tuesday. The stock market roared out of the gates this morning, jumping more than 200 points in the first half-hour of trading. By noon, the gains had slowed but the market was still well ahead for the day. But by...
Following a week of turbulence and volatility, Wall Street got off to another slow start Monday thanks to the continued decline of oil prices. As of 2 p.m., the Dow was down almost 100 points, as crude oil prices continued their decline—as low as $45.90 a barrel at one point. Goldman...
After a long losing streak, Wall Street enjoyed a second consecutive positive finish on Thursday as markets rallied behind continued steadiness in oil prices. Oil prices have been slashed by more than half in the past six months. So two consecutive days without further dips in prices was welcome news...
Oil prices stayed stable on Wednesday, allowing Wall Street a chance to recover a portion of the losses they sustained Monday and Tuesday. The market rallied early this morning off stabilizing prices, plus optimism stemming from early fourth-quarter earnings reports. Experts were quick to note, however, that not a single...
Tuesday was a new day, but the same story on Wall Street—considerable losses in the face of declining oil prices. Oil fell another 4.3%, settling just under $48 a barrel. Prices haven't been this low since April 2009, the tail end of the Great Recession. Stocks were hit to the tune...
2014 was another historical year for Wall Street. The blue-chip Dow Jones Industrial Index reached its all-time high 37 times, while the broader S&P 500 reached a new apex on a whopping 52 occasions! So it might surprise you to learn that it was actually a below-average year for the...
It's been a particularly bad start to the first full week of 2015 on Wall Street, at the major indexes were pummeled Monday in the wake of further drops in oil prices. The Dow Jones Average was down 331 points—nearly a full 2 percent—as oil continued its freefall, falling more...
The next-to-last-day of 2014 was a tumultuous one on Wall Street, as low volume trading led to a decline of almost 2% in the utilities sector. Overall, 2014 has been a positive year for utilities, which are up more than 25%. That’s why many experts were caught off guard by...
Wednesday was a short, quiet day on Wall Street as the markets closed at 1 p.m. in observation of the Christmas Eve holiday. During the brief trading day, most investors chose to focus on the weekly jobs report, where claims fell below 300,000 to bring some holiday cheer to the...
The Dow and S&P 500 inched ahead on Monday to start what was widely expected to be the quietest week on the market in some time. With the markets closing early on Wednesday for Christmas Eve—and staying closed until Friday in recognition of Christmas Day—experts predicted many traders would stay...