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...
On the penultimate trading day of the week markets wavered a bit before ending the day up marginally. Today marked the 3rd straight day of gains. Oil finished down 9 cents, closing at $34.57 a barrel. Investors are also keeping their eyes on tomorrow's Labor Department jobs report which...
For the first time in a week and a half Wall Street finished with gains across the board. The tech heavy NASDAQ snapped an eight day losing streak (its first such bad run since January 2008) while the Down Jones Industrial Average posted triple digit gains. Crude oil, which...
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...
On the last day of trading for the week oil had its best day since 2009, ending a 5 day losing streak on Wall Street. The price of a barrel of oil soared over %12 percent as stocks experienced gains across the board. The financial and banking sector gained...
U.S. stocks went on a roller-coaster ride Tuesday, losing 100 points before reversing course to trade close to even.
For months, we’ve been reading and hearing about how a stronger dollar was bad for stocks and American businesses. Yet Tuesday morning saw the dollar lose value against a number of...
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...
On the eve before the latest jobs report comes out, markets finished down on the last day of March-the final day of the 1st quarter/2016. The month proved to be a good one for oil as the price of a barrel of crude soared 13% in March, closing today...
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...
