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...
Any ideas of a pre- "Santa Claus" rally on Wall Street faded very quickly today as stocks suffered heavy losses, while investors continue to ponder "if and when" the Fed will raise interest rates possibly next month. At one point today the Dow was down 300 points while the...
Following last week's blood-bath on Wall St. investors ran into an immediate headache today as oil dumped more than 6% at one point to a new 12 year low before rising a bit. By the time energy commodities closed US oil finished down $1.75 a barrel, or 5.28%, at...
Even though the S&P 500 posted its biggest weekly gain of 2015 and the Dow was on pace to record its best week since February, industry insiders (CEOs & corporate directors and founders) were not buying. The big question is: why? Today's CNN-Money explained it this way:
"Typically, when the...
An increase in the number of jobs and a rise in the price of oil helped lift the markets today. The Dow closed at a 2 month high as it broke through the 17,000 barrier and the S&P 500 hit the 2,000 mark. For the week- oil finished up...
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...
On the penultimate trading day of the week on Wall Street, all of the major averages had gains of 1% or more as financials lead the way and investors processed bank earnings and the latest economic data that supported the case for a rate hike delay. Rises in the...
Stocks finished mixed on Wall Street led by a big decline in the biotech sector, and the S&P 500 closed lower after putting up its first 5-day win streak of the year on Monday. The world economy is still experiencing growth issues as the International Monetary Fund (IMF) cut...
Following Monday's massive selloff, Wall Street went into the second trading day of 2016, attempting to regain some of the losses from the day prior. Investors wavered for much of the day before finishing with a mixed session. Apple stocks led decliners falling over 2% at one point following...
Volatility has become such a regular, daily occurrence on Wall Street that when stocks don't really do much of anything, the "lack of market instability" becomes the story of the day. That was pretty much the case today although the one issue that could be counted on was the...
