Stocks floundered as Wall Street's three day winning streak ended. The financial sector was down as was the price of oil. Oil closed below yesterday's high of $51- the highest level in nearly a year.
Watch more on today's financial activity from CNBC's Bob Pisani & Art Cashin-Director of Floor...
On the last trading day of the week, Wall Street finished on a down note with all three major U.S. indices suffering substantial losses.
The main culprits:
Worry over the "Brexit" vote
Drop in price of oil
Lag in financial stocks
In reference to a forthcoming "Brexit" vote later this month in Britain, (whether...
The start of a fresh trading week on Wall Street meant stale results for the Dow and NASDAQ as the Dow Jones industrial average dropped by over 132 points in afternoon trading before settling at 17,732. Visa, Microsoft and Apple were among the Dow's biggest losers today. The...
As markets struggled for a third straight trading day, (going back to last Friday) a Bank of America-Merrill Lynch Global Fund Manger Survey released today stated:
Fund managers' cash levels are at their highest in nearly 15 years amid worries over a British exit from the European Union and the...
As the markets finished with gains across the board today, came news that should be very disheartening to women. According to The National Institute on Retirement Security, a nonprofit research center, women are 80 percent more likely than men to be face poverty at age 65 and older. Women...
Two and a half weeks ago the world markets were shaken by a decision from a majority of voters in the United Kingdom to leave the European Union. Now the UK and much of the rest of the world (including the U.S.) at least for the time being, seem...
The Dow Jones Industrial average and S&P 500 are currently riding session highs, having set new records in each of the past three trading days. However, Larry Fink, chairman and CEO of BlackRock, the world's largest asset manager told CNBC's Squawk Box that there is NOT enough evidence to...
After several bullish days of new record highs for the Dow and S&P 500, markets retreated somewhat today to catch their collective breaths with earnings reports filtering out. Wells Fargo reported results as expected, but Citigroup reported results that beat analysts' expectations. Yesterday, JPMorgan Chase beat estimates and BlackRock...
Another up day on Wall Street to start the new trading week. Despite signals to the contrary, the market continues to baffle many experts who do not believe the bulls should be running. Wall Street is on it's way to three straight weeks of gains as the Dow and...
Markets are still at record highs (with the Dow hitting it's 6th day of record closes) but a report today showed that there is more cash out of equities & on the sidelines than there has been in nearly 15 years. Fund managers have gotten spooked since the Brexit...
