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...
U.S. stocks moved forward to open the week on Monday, as investor sentiment rebounded from over the better-than-expected jobs report from Friday. Many believed the report will play a considerable role in leading to an interest rate hike. An increasing number of experts called for a June rates hike following...
Six years ago, Wall Street was going through a dark time. The 2008 Great Recession cut the value of the stock market by more than half, and it was on this date—March 9, 2009—that the S&P 500 bottomed out at 676.53. Since that day, it’s been the market’s time to shine....
Stocks were sharply lower on Tuesday, as another dip in oil prices concerned investors. Brent crude prices fell almost 4 percent in early trading Tuesday, while U.S. crude prices dropped below $50 per barrel yet again with a drop of 3.4%. Adding to concerns was the fact that the price...
U.S. stocks were higher on Thursday, as the market attempted to recover from a rough stretch that has wiped out all 2015 gains in the major indexes. In the past four days, the Dow shed 500 points, while the S&P 500 tumbled almost 4% from its all-time high just 10...
Stock Market Recap for 3/9-3/13 Again, volatility was the name of the game on Wall Street this week. The market primarily followed the value of the U.S. dollar and the price of oil, both of which experienced wild swings in both directions. By the end of the week, all 2015...
U.S. stocks moved higher on Monday, as investors looked towards a week that could determine the course of the markets for much of 2015. Last week, the market fluctuated up and down with moves of 100+ points on four out of five days. Investors were spooked by a strong dollar,...
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...
U.S. stocks experienced considerable volatility on Wednesday, as investors digested the Federal Reserve’s statement at the end of their two-day meeting. In this afternoon's announcement, the Federal Reserve removed the word 'patient' from their outlook on a forthcoming increase on interest rates. The change in language is believed to signal...
U.S. stocks were lower on Thursday, one day after the Federal Reserve altered language in a statement that indicate interest rate hikes may be on the way. The Fed dropped the word ‘patient’ from its March statement, leading investors to believe that the days of zero-interest rates are coming to...