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...
U.S. stock prices were mixed on Monday, as investors searched for direction following another week of volatility. Oil prices, currency values, and the latest Federal Reserve policy statement all played a role in leading the market to a week of 100+ point swings every day. This week, data moves back into...
U.S. stocks were down in Tuesday afternoon trading, following a day where mixed data drove continued volatility. The Dow finished slightly down on Monday, marking the ninth consecutive trading session of alternating between gains and losses. Today, comments from various Federal Reserve presidents and inflation concerns are the focus. San Francisco...
It’s been another ugly day on Wall Street Wednesday, with the Dow dropping 200 points by noon off continued fears over interest rate hikes. As the month of March—and the first quarter of 2015—winds to a close, investors are also expressing concern over how the stronger U.S. dollar will impact...
U.S. stocks traded close to even on Thursday, one day after the Dow plunged nearly 300 points in an ugly Wednesday for equities. The day pushed the Dow index back into negative numbers for 2015. The Dow is now down about 2.5% thus far this week (remember, a 5% drop...
The good news is, the recent volatility market slowed down this week. The bad news? It ended with four consecutive losing days! Concerns over an impending interest rate hike plus worries over the strength of the U.S. dollar sent the Dow and S&P down by more than 2% this...
U.S. stocks moved higher in Monday trading, as the market attempted to recover from its worst week since mid-January. It’s hard to believe that the first quarter of 2015 is almost over, but tomorrow will mark the end of March. As of the start of this week, the S&P is...
U.S. stocks were lower Tuesday, as the first quarter of 2015 came to a unhappy close on Wall Street. With today's slump, the Dow finished the first quarter lower than it began the year--a discouraging sign for investors. A Monday rally pushed the Dow back into the black for 2015,...
U.S. stocks were lower on Wednesday, the first day of trading in the second quarter. The first quarter came to a disappointing end for investors yesterday, as a 200-point drop in the Dow sent the leading index back into negative territory for 2015. The continued market volatility drove stock prices...
U.S. stocks moved up on Thursday, the last day of a shortened—but busy—trading week on Wall Street. The Dow continued its retreat Wednesday, effectively wiping out all of the gains from Monday’s 263-point rally. A 200-point drop on Tuesday did most of the damage and pushed the leading index back...