U.S. stocks moved higher on Monday, as investors considered numerous data points both at home and overseas.
Manufacturing, construction and personal income numbers were encouraging to investors. Personal income levels jumped 0.3 percent in January, while the manufacturing sector enjoyed its best month since October.
Asian markets were up slightly after...
Most websites on investing and financial planning can’t wait to tell you about two things—the record highs of the Dow Jones Industrial Average or S&P 500, and the impressive levels of growth expected in our nation’s economy in the coming months.
So why did the United States’ GDP drop in...
U.S. stocks were higher on Tuesday, as investors attempted to find direction amidst news in Greece and at home.
While any developments in Greece’s debt saga will certainly continue to affect U.S. markets, Tuesday’s activity suggested a refocusing towards issues here in the states, and a continued concentration on the...
U.S. stock futures finished slightly up on Monday, extending yet another on both the Dow and the S&P 500.
Despite the continuation of disappointing economic data from the first quarter of 2015 into the second quarter, the market has moved higher in the past few weeks. Highlighted by S&P 500...
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...
Ahead of Friday's U.S. jobs report, today the Bank of England cut interest rates in the U.K. to avoid a possible post-Brexit vote recession. Policymakers voted unanimously to cut rates a quarter point to 0.25% in the BOE's first rate reduction in seven years. Banking officials in the UK...
Last week, the Federal Reserve announced the end of the third leg of quantitative easing, or QE3.
QE3 lasted for over two years, with the Fed buying between $40 billion to $85 billion in mortgage-backed securities each month. This number was tapered to $25 billion in August.
The greatest ‘side effect’,...
U.S. stocks had their worst day of 2015 Monday, as investors had their first chance to react to potentially disastrous news from Greece over the weekend.
Both the Dow and S&P 500 fell into the red for the year thanks to the disastrous session.
Debt settlement talks between Greece and their...
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...
It’s been nearly a month since President Obama made a strong push for fiduciary responsibility on Wall Street, explaining that biased financial advice robs everyday Americans of billions of dollars each year.
Since that time, politicians and financial advisors alike have weighed in on the issue. But on Tuesday, perhaps...
