After much anticipation The Federal Open Market Committee has announced it will not raise interest rates this month. Fed Chair Janet Yellen stated at a press conference that their decision to keep interest rates where they are was based on instability in foreign markets, especially China, and that the...
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....
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...
The last day of the trading week saw the Dow complete its first two week losing streak since February. The possibility of a Federal Reserve rate hike in June also suffered a big hit today as the April jobs report fell well below analysts' estimates. In April, the U.S....
For the first time in a week and a half Wall Street finished with gains across the board. The tech heavy NASDAQ snapped an eight day losing streak (its first such bad run since January 2008) while the Down Jones Industrial Average posted triple digit gains. Crude oil, which...
Another increase in the price of oil helped the market rebound from yesterday's losses. Oil recovered from a sharp overnight decline to settle up 28 cents, or 0.88 percent, at $32.15 a barrel.
Compounding global economic concerns, however is the fact that the British pound is feeling pressure over whether...
An extremely volatile day on Wall Street saw markets suffer big losses as the S&P 500 gave back all of its gains for 2016 and the Dow Jones Industrial Average suffered triple digit losses. The fact that the Japanese Yen continued its strength against the U.S. dollar increased worries...
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...
U.S. stocks moved slightly higher on Tuesday, as investors continued to wait for confirmation of a deal to keep Greece from going into default.
The Greek government presented new reform proposals Monday in hopes of avoiding—or at least staving off—a disastrous situation that could result from a missed payment to...
Wall Street entered the new session today riding a 4 week winning streak but then came the news that there's not much support for a bullish view of U.S. growth prospects in the fourth quarter of the year. Four-fifths of the experts surveyed by the National Association of Business...
