Comments by European Central Bank (ECB) President Mario Draghi and a solid jobs report boosted investors' confidence as stocks rose 2% across the board today. The Dow added almost 370 points while the NASDAQ was up by over 104 points.
ECB chief Mario Draghi told the Economic Club of New...
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...
It was a relatively quiet end to the week on Wall Street which marked the calm before the storm in terms of next weeks Fed meeting. The Federal Open Market Committee is not expected to raise interest rates after their gathering next Tuesday & Wednesday, but investors will be...
"Super Tuesday" was truly a super Tuesday on Wall Street as the markets had big gains. The Dow Jones industrial average climbed 348 points, while the The Standard & Poor's 500 gained 46 points and the NASDAQ composite rose 131 points. The recent stock market gains and positive economic...
It was another long week on the Wall Street treadmill, as the market moved a whole bunch, but didn't really go anywhere! As we close in on the halfway point of 2015, the Dow stands less than 0.5% higher than it did on the 1st of the year!
Monday the...
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...
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...
The week's volatility continued on Wall Street but markets finished up today, buoyed by a dramatic rise in the price of Facebook stock & and an increase in the cost of oil. U.S. crude oil futures settled above $33 a barrel. Facebook stock leaped 15.5% and Amazon gained 8.9%...
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...
U.S. stocks were down on Tuesday, as the major indices attempted to move out of correction territory after another disastrous day Monday.
The Dow just wrapped up its worst three-day stretch in history, losing a total of 1,477 points since Thursday—approximately 9% of the Index’s total value. While Tuesday was being...
