Today marked the start of earnings season as major corporations began reporting their 1st quarter-2016 profits. Many analysts are expecting a disappointing first quarter. Today's Wall Street Journal explained why "Earnings Season" will be as bad as Wall Street expects. Read the story here.
According to a report on CNBC one...
Today marked the last day of trading for the week as Wall Street has off tomorrow for Good Friday. Today was a mixed, roller-coaster kind of day for stocks as the market suffered it's first losing week in the last 6 weeks. Banking stocks took the brunt of the...
U.S. stocks were slightly higher Monday, as the markets attempted to rebound from a discouraging finish to the month of May.
Stocks were down for six of the last eight trading sessions in May, culminating in Friday’s 115-point loss on the Dow. Now June begins, a discouraging sign for investors...
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 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...
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...
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...
U.S. stocks tumbled Wednesday, as the continued inability of Greece and its creditors to reach a settlement frustrated investors.
Greece Prime Minister Alexis Tsipras expressed anger at the slow-developing plans ahead of today’s meeting with Euro Zone officials in Brussels. As the deadline—now a mere five days away—approaches, the possibility...
For most of the day markets were flirting with high water marks for the year and then started retreating in late afternoon trading. The Dow still closed at its highest level since July of last year, while the NASDAQ inched closer to the 5,000 level. Energy stocks again led...
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...
