U.S. stocks moved up slightly in Tuesday trading, one day after concerns about the upcoming earnings season ended the market’s brief winning streak.
The S&P and Dow were each down around 0.5% Monday, based on concerns over earnings as well as the continued strengthening of the dollar. Today, markets reacted...
Fed Chair Janet Yellen and the F.O.M.C. decided at their September meeting to leave the federal funds interest rate alone at between .25%-.50% but left open the chance of an increase before the end of the year, possibly December. This decision by the Fed committee had a positive affect...
Stocks prices stayed relatively flat Thursday, as investors prepared for tomorrow’s jobs report—the data highlight of the week and often, the information that sets the tone for the month.
Yesterday, stocks suffered a second consecutive losing day after a payrolls report—often seen as a precursor to the jobs report—showed only...
On this last day of September, stock markets made back a decent amount of the losses from earlier in the week but even with today's gains, tremors rumbled through the financial world following dire predictions from billionaire business entrepreneur Carl Icahn.
Icahn told CNBC's "Fast Money: Halftime Report" today:
"Markets look...
The S&P 500 and Dow Jones Industrial average have dominated the news over the past several weeks because of volatile fluctuations in both indices since the U.K. Brexit vote, but today the NASDAQ took some of the stock headlines after posting a gain of over one percent. The Dow...
Wall Street barely avoided disaster this week, as the Dow fell below even for 2015. The Greece saga sent the markets to their worst day of 2015 on Monday, as the Dow lost 350 points. Investors certainly weren’t sorry to see this week end one day early…
***DOW DOWN...
U.S. stock futures were higher Monday after China’s central bank cut the amount of money that banks are required to hold in reserves.
The reserve requirement fell by 100 basis points, giving momentum to a struggling market that was clobbered to the tune of -1.7% on Friday, wiping out all...
For years, investors have lamented the all-profit nature of the financial industry. Whether or not your investments make money, your advisor charges you a fee. In other words, even if the company loses your money, you owe a fee for their ‘services.’ What other business operates this way?
Recently, investment...
U.S. stocks were lower in trading Wednesday, as a busy day for data took shape for investors.
This morning, the ADP private payrolls report showed a gain of 212,000 jobs in February. Not only did this number fail to meet expectations, it was the lowest figure in six months. This...
U.S. stocks were considerably lower Tuesday morning, as Wall Street geared up for numerous data releases after the Memorial Day holiday.
Both the Dow and S&P 500 hit new record highs last week, but finished lower to close the week on Friday. On Tuesday, investors watched the following data releases...
