Stocks ended mixed Wednesday as a post-Fed rally fizzled. Stocks had opened higher as investors cheered some encouraging readings on the economy, then swung in about a 50 point range after the Fed's statement, before finishing narrowly mixed.
Stocks rallied Wednesday after the Fed's statement. The market had been higher before the statement as investors cheered some encouraging readings on the economy, then swung a little right after the statement before barreling higher.
Stocks jumped Wednesday as investors shrugged off a weaker-than-expected reading on the services sector and cheered an improvement on the jobs front.
Gold hit another new record high this morning and was up over 1092 for the first time as the dollar fell. The move represents a ~0.5% for the day and a ~20% gain for the past 6 months. By comparison, gold's move is still far from where it was in 1979 - 1980.
The job market and the Fed are likely to be at the center of Wall Street's focus Wednesday, following a volatile session which saw the major averages end not too far from where they started.
The FOMC meets today for the tenth time this year and there are growing expectations that the U.S. Federal Reserve and other central banks may be considering raising their key rates sooner than later amidst hopes of economic recovery.
The economy and the stock market have very good potential to climb, as the strength of the recovery will surprise many, two market experts told CNBC Tuesday.
The world will slump into a depression similar to that in the 1930s if stimulus measures are pulled out too soon, an economist warned. But investors have a chance to make good money in stock markets, a strategist said.
Despite gains earlier in the month the S&P ended October in negative territory, snapping a seven-month winning streak. Does the market action mean that the rally is over?
The S&P 500 and NASDAQ Composite broke 7 months of consecutive gains to finish October in the red. Here is a look at this month's market statistics.
On the last trading day of the month, the Dow and S&P turned sharply lower around lunchtime with investors eager to move to the sidelines. How low will we go?
The S&P 500 logged its best one-day percentage gain in three months on Thursday after GDP data showed the economy expanded at an annual rate of 3.5% in the third quarter.
While the Philadelphia Phillies’ 6-1 victory in Game 1 last night may not bode well for the New York Yankees, perhaps it may not necessarily be a bad sign for market bulls.
Better than expected GDP numbers sent the bulls off and running on Thursday. Should you get on board too?
The Dow fell 119.48 yesterday or 1.2% and many are talking about a correction in the markets that may be underway. That hardly compares to the events that took place 80 years ago today.
As the US economic recovery looms larger, the gray cloud that has hung over the stock market for so long is finally starting to fade. Here's four sectors likely to outperform in the months and year ahead.
At the end of September, we looked at analysts' price targets for the S&P 500 to see which stocks had the greatest expected gains in the months ahead. So far, 3 out of the October 1 top 5 and 6 out of the top 10 are trading to the upside. Here is the current list of 15 stocks expected to pop (and another 15 expected to drop).
When Dr Doom says the dollar carry trade is about to come to an end and the greenback will soar as equities crash you have to, at the very least, take his predictions seriously. His view is based on the assumption that there is a so-called ‘Wall of Money’ driving recent equity gains and other assets like gold and oil.
Simply beating the street with profits appears to no longer be enough to boost stocks. Investors want sales to beat if they are going to buy.
The Dow Industrials continues to teeter round the 10,000 level, while the S&P 500 has hit some resistance around its 1,100 level over the past week.