With surprising good news from battered Boeing (trading symbol: BA), a major Dow Jones Industrials component, market averages took off Monday like a shot.
Discount brokerage house Charles Schwab Corp. announced it would eliminate most sales commissions for online stock trades on October 7. ISM Index drops.
Much of Friday’s market optimism involves China’s uncommon fondness for all things pork. Which is linked to alleged moves on the China tariff front.
Absent real news to drive the markets, the only game in town is the rumor mill. And this week's favorites are the latest incoming US-China trade rumors.
Fed Chair Jerome Powell awoke from his haze, halting 2018’s robo-rate hiking habit. At least for 2019. More or less. Score one for Trump vs Fed.
Markets ignored the past week's stream of generally much-improved earnings reports. They’ve chosen instead to fixate on the inevitable breaching of the dreaded 3 percent yield on the U.S. ten year bond, something that’s just occurred.
Traders and investors alike were shell-shocked at Friday’s closing bell on Wall Street. The Dow plunged nearly 3 percent on the day, and the S&P 500 and NASDAQ got pounded almost as badly.
Wall Street’s raging bull is attempting a serious return. Could this be the beginning of Trump Rally #3?
Are we witnessing a surprise stock market crash in progress? Immediately after Monday’s 9:30 a.m. opening bell at the New York Stock Exchange, the stock market resumed Friday’s catastrophic 2+ percent Dow decline.
Almost immediately after Friday's opening bell,, the bellwether Dow Jones Industrial Average (DJIA) hit a huge air pocket, dropping over 300 points in a matter of minutes.
Investors are already experiencing the kind of bear market nervousness they thought they'd left behind. The biggest villain in today’s Dow drop: High-fling UnitedHealth Group (symbol: UNH), off a painful $9.98 per share, with shares currently trading at $237 and change.
Widely followed average of major (more or less) industrial stocks scores another record close as Trump Rally continues. But what about Trump’s Tuesday speech?
But broader-based S&P 500 lags, with airlines, utilities, pharmaceuticals weighing on other sectors.
Dow briefly hits record high after announcement, then heads into negative territory. Other averages follow. 3 more rate hikes expected in 2017.
In election stunner, Hillary Clinton, Democrats, the MSM and die-hard #NeverTrumpers gobsmacked by Donald Trump's upset victory, confounding global markets and Wall Street alike.
WASHINGTON, March 30, 2016 – After a negative open on Tuesday, markets got back on the upswing with remarks from Fed Chair Janet Yellen that were clearly designed to reverse the bad cheer spread last week by inflation hawk James Bullard, President of the St. Louis Fed. The fun continues in Wednesday morning trading action, ...
WASHINGTON, March 1, 2016 – March really did roar in like a lion Tuesday, at least on Wall Street. After a mopey, gloomy, miserable leap-Monday (February 29), a majority of stocks were off to the races Super Tuesday morning, with the Dow up slightly over 2 percent, while the S&P 500 and the NASDAQ closed ...
WASHINGTON, November 17, 2015 – Boring trading is dominating Tuesday’s jaded markets. Home Depot’s (symbol: HD) numbers jazzed traders at the opening bell, although the halo effect is diminishing as we write this around 2 p.m. EST. The Dow is up approximately 83 points with other averages showing similar approximately 0.5 percent gains. But markets ...
WASHINGTON, August 23, 2015 — Friday’s stock market close left individual investors and seasoned market professionals alike in a state of shock. Much of this weekend’s post-crash chatter has involved speculation focusing on just how nasty Monday morning’s follow-through action is likely to be. Read also: What’s really spooking the Fed and stock markets in ...
WASHINGTON, Aug. 21, 2015 – After opening down and fading further after several feeble rally attempts, stocks were pancaked in the final hour of U.S. trading on Friday. The Dow Jones Industrials (DJI) closed down 64.84 points, the casualty of a massive selling panic that caught even many professionals off-guard with its intensity. Other averages ...