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...
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...
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...
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...
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...
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...
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...
Stocks showed modest gains today as the market extended its winning streak to 3 in a row. The Dow closed above 18,000 for the first time since April. The string of positive gains on Wall Street has come as a bit of a surprise to Peter Boockvar, chief market...
Energy stole much of the focus today as the price of oil closed above $50 a barrel for the first time since last July. That helped the energy sector gain nearly 2% but the bio-tech division was down 2.5%. Only the NASDAQ finished in the red.
Yesterday, the S&P 500...
Entering the final trading day of the week, the Dow had risen over 400 points during the three days prior, but today the winning streak ended. Stocks finished down across the board following the release of the May jobs report. There had been a great deal of discussion recently...
