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...
Monday stocks saw great volatility, starting the day up more than 100 points in the morning before beginning a slow decline that would last the rest of the day. Once again, uncertainty over oil prices was the culprit, and the Dow finished the day down 99 points.
Tuesday stocks started...
This week’s approval of H.R. 83, the $1.1 trillion ‘Cromnibus’ spending bill that will fund the federal government for 2015, did serious damage to the Dodd-Frank Act.
Language in the bill re-permits trading in swaps and derivatives by FDIC-insured banks—a practice the Dodd-Frank Act eliminated when it was signed back...
The previous two weeks saw the Dow shed almost 1,000 points from its all-time high, but the market’s regained more than half of it in the past two days.
Wall Street continued its momentum from Wednesday’s Federal Reserve statement, in which Chairperson Janet Yellen stressed that the central bank would...
