Stocks slipped Tuesday as investors took a breather following a three-session rally last week. Art Cashin, director of floor operations at UBS Financial Services shared his insights.
Stocks slipped Tuesday as investors took a breather following a three-session rally last week. Art Cashin, director of floor operations at UBS Financial Services shared his insights.
US employment fell in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth. Art Cashin, director of floor operations at UBS Financial Services, shared his insights on the report.
Stocks were mixed after opening higher Thursday, following a handful of positive economic reports. Art Cashin, director of floor operations at UBS Financial Services, discussed his outlook.
Stocks rose sharply higher on the first day of September, after signs emerged of a strengthening global economy. Art Cashin, director of floor operations at UBS Financial Services, and Gordon Charlop, managing director at Rosenblatt Securities and CNBC market analyst, discussed their outlooks.
Stocks opened below the Dow 10,000 level Tuesday, but rallied after a stronger-than-expected consumer confidence report. Trading volume has also been particularly low this August: the NYSE consolidated volume this month was 31 percent below average daily volume for August 2009.
Stocks ticked lower on Monday as investors took a cautious approach to trading ahead of the government's latest report on the labor market. Art Cashin, director of floor operations at UBS Financial Services, and Bernard McSherry, senior vice president of strategic initiatives at Cuttone & Co., discussed their market outlooks.
Stocks rose Friday after a reading on economic growth came in better than expected. Art Cashin, director of floor operations at UBS Financial Services, and Peter Costa, president of Empire Executions and CNBC market analyst, discussed their market outlooks.
The Dow tumbled more than 150 points Tuesday after a report showed a sharp drop in existing-home sales, confirming the market's worries about the recovery. Art Cashin, director of floor operations at UBS Financial Services, discussed his insights.
U.S. mortgage applications jumped last weekas rock-bottom rates lifted demand for home refinancing loans to its highest level in 15 months, according to the Mortgage Bankers Association. Art Cashin, director of floor operations at UBS Financial Services, discussed his insights.
Stocks opened sharply lower Wednesday and sank even further, after a gloomier assessment of the US economy from the Federal Reserve. Art Cashin, director of floor operations at UBS Financial Services, discussed his insights.