Black Friday, the first major day of shopping for the holiday season came and went. The stoke investors have now started searching for the clues as to how the consumer spending went. They will get this information by closely checking more »
US stocks rallied to more than 1% on Wednesday, after a huge drop in the unemployment claims indicated some signs of growth in the depressed labor market. Michael Gault, a senior portfolio strategist at Weiser Capital, said that while other more »
Stocks hit a snag a mid worries as violence erupted in the Korean Peninsula, concerns about the European debt crisis increased and the Federal Reserve issued a dour economic outlook. The Dow Jones industrial average dripped 1.3% equivalent to 142 more »
Bank stocks started going downhill on Monday after reports of a Wall Street insider trade probe, holding back the stocks despite the news of bailout of Ireland. The Dow Jones Industrial average dropped 25 points equivalent to 0.2% to end more »
After a wide rally last week, the stock market could be in for increased volatility ahead of thanksgiving. Although the trading is most likely to be light throughout the shortened holiday week, many traders are closely watching a number of more »
The US stocks gained more than 1% on Thursday following the strong debut by General Motors’ stock. The global stocks also soared amid overnight talks that the Irish Government was close to an agreement on a bailout loan, which would more »
The US stocks took a tumble on Tuesday with all the three major indexed dropping almost 2% amid worries over the economic situations in Europe and China. Dow Jones Industrial Average dropped 178 points, an equivalent of 1.6% with Alcoa more »
The U.S stocks tumbled on Monday to a session’s close after posting gains almost for a whole day. The investors still remain jittery after the week of economic calendar. After a climb of up to 88 points in the earlier more »
Stocks closed out the worst week in the three months Friday and in this new week, the investors and Wall Street are gearing up for a number of corporate and economic reports that would help in setting the market tone. more »
The sell off in the US markets picked up seam on Friday afternoon after a volatile session in the Asian market which ended with the Shanghai Composite dropping more than 5%. The Dow Jones Industrial Average dropped 91 points, equivalent more »