Stocks finished lower after several U.S. companies delivered disappointing results and forecasts. UPS was way down after the package delivery company reported revenue that fell short of analysts' estimates. Engine maker Cummins fell 8 percent after the company's earnings fell far short of forecasts. The company also cut its...
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...
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...
On a day when NJ Governor Chris Christie officially endorsed Donald Trump as the Republican Presidential nominee, markets struggled to gain any ground. The markets finished mixed on Friday but up for the week. There was continued concern about the solvency of Puerto Rico after the island's governor said...
Markets opened the new trading week with an up and down ride on Wall Street before closing in the positive. The slight gains came despite the fall in energy stock and oil as another batch of big corporations prepare to release quarterly earnings reports this week. Over a 5th...
Despite a jump in Facebook stock of 5% due to better than expected earnings, the markets fizzled ahead of tomorrow's important unemployment report. Robert Pavlik, chief market strategist at Boston Private Wealth surmised to CNBC:
"I think people are just a little leery of tomorrow's employment report. It looks like...
U.S. stocks dropped across the board today in part due to news that China's economy is showing new signs of weakness. Today's losses marked an end to the Dow's 7 day winning streak as both transport and biotech stocks took a bath. But the focus was on China as...
Stocks moved lower on Tuesday morning, as investors continue to look towards tomorrow’s Federal Reserve statement for hints of whether an interest rate hike is around the corner.
The lower open follows a 228-point jump in the Dow on Monday, as investors ignored a new six-year low in oil prices...
Wall Street got a much needed extra day off as the markets were closed Monday for the Dr. Martin Luther King Jr. federal holiday. The first half of January this year has been disastrous for the markets and the worst, first two opening weeks for the Dow and S&P...
U.S. stocks fell sharply Monday, after the weekend saw the latest plan for solving the Greek credit crisis fall apart.
Ever since the situation took center stage in Europe months ago, a solution has appeared imminent on several occasions—only to deteriorate before a deal can be ratified. That was the...
