US stocks rocket ahead as America launches its Grand Reopening
US stocks took off like a rocket post-Memorial Day as America's now discernable Grand Reopening now begins to unfold. The recovery appears to be underway.
Financial Stocks
Bond yields jump, sharply boosting big banks, insurance stocks
When interest rates go higher, financial companies charging those higher rates to customers — like big banks and insurance companies — get to make more money.
Thursday Trading: Tech tanks bigly, crushing market averages
Dow Jones Industrials down triple digits due to continuing Tech Wreck. But financials, healthcare, materials all manage to rally.
Snap Inc., Macy’s, Trump-Comey fallout trash stocks Thursday
Oil strong, bricks-and-mortar retail stocks take a hit, Snap Inc. CEO’s arrogance is rewarded (NOT), media, Democrats froth over Comey firing they once urged.
Apple sees Red. So do the Dow, S&P 500 and NASDAQ averages
Stocks hammered in Tuesday trade as financials take a beating and invite other sectors to share in the misery.
Trump promises ‘big league’ tax announcement, stocks soar
Meanwhile, oil catches a bid after recent downdraft while gold jumps, then takes a hit. Financials try to regain footing. “Animal spirits” back on Wall Street?
Thursday markets: Trump-Santa Claus Rally takes a breather
Biotechs, pharmaceutical stocks continue to get hit after Trump remarks, but banks and financials, materials, oil patch all party on in Thursday Wall Street action.
Thursday trade: Rally pauses, #DumpKelloggs petition hits fan
OPEC move drives crude oil stratospheric, techs take a hit, banks, insurers speeding away on cruise control.
Friday Trading Diary: Fed likely to raise interest rates soon
WASHINGTON, November 17, 2016 – Trading has been treacherous over the past two days. So as market action draws to a close this Friday afternoon, we find ourselves mostly standing in place waiting for a sign that the Trump rally has either stalled or drawn to a close already; or if it’s just taking a ...
Trump stock rally taking a break? Oil, financials pull back
Some tech stocks like Apple (AAPL) finally get a bid. U.S. dollar hits 14-year high vs. basket of currencies. Incorrigibles continue to trash Trump victory.
Zzzzz. Thursday stocks grind, financials fail to inspire
WASHINGTON, February 4, 2016 – It’s looking like another boring yet tension-filled day on Wall Street today, with the Dow attempting to stay in the green while other averages are pinned inside the negative red zone. As usual, confusing figures and stories continue to cross the tape and one senses that investors and even those ...
Another Blue Monday on Wall Street as mixed reports vex stocks
WASHINGTON, Nov. 9, 2015 – Markets this fall have felt like playing a roulette wheel or spinning a wheel of fortune at a cheap carny sideshow. “Round and round and round she goes, and where she stops, nobody knows!” After a mostly nice first week of November trading, the market tone began to deteriorate on ...