Markets | Fri Jan 15, 2016 10:20am EST Wall Street sank on Friday morning, with the Nasdaq hitting its lowest since Aug. 24 and the Dow plunging nearly 400 points, as oil prices dived below $30 per barrel. The sell-off was broad, with all 10 major S&P sectors in the red and all 30 Dow…
* Private employers add more jobs than expected in Dec – ADP * Apple briefly dips below $100 * Indexes down: Dow 1.8 pct, S&P 1.6 pct, Nasdaq 1.6 pct (Updates to late afternoon) By Caroline Valetkevitch Jan 6, 2016 U.S. stocks extended losses in late trading on Wednesday as energy shares dropped with oil…
BY ANGELO YOUNG @ANGELOYOUNG_ ON 01/04/16 AT 9:51 AM This story was updated at 2:06 p.m. EST. Global stock indexes tumbled deeply into the red Monday on the first trading day of 2016 as weak China manufacturing data rekindled concerns of a considerable slowdown in the world’s second-largest economy. The Dow Jones Industrial Average was on its…
Thursday, Dec 31, 2015 12:33pm EST U.S. stocks traded lower Thursday, the last day of trade for 2015, as investors eyed oil prices. The Dow Jones industrial average traded about 30 points lower after briefly falling 150 points in morning trade as all constituents declined. The S&P 500 struggled to hold positive territory for 2015…
Markets | Thu Dec 31, 2015 11:40am EST Wall Street was lower on Thursday, with the S&P 500 set to end the year with a small loss as energy stocks took a hit from a plunge in crude oil. Trading volumes are expected to be thin on the last day of the year, with traders…
Markets | Mon Dec 28, 2015 8:53am EST U.S. stock indexes were set to open lower on the first day of the last trading week of the year as oil prices continued to fall due to oversupply. Brent crude was down 2.4 percent and were hovering near 11-year lows. Exxon’s shares were down 1.5 percent…
Thursday, December 24, 2015 U.S. stocks traded mostly lower in the shortened Thursday session, amid a continued recovery in oil prices, following three solid days of gains. “I think the big news of the week is Santa Claus has come to Wall Street early and brought us to break-even levels for the year,” said Adam…
U.S. stocks traded mostly higher Monday, attempting to recover from a sharp sell-off last week, as investors eyed low oil prices in a shortened trading week. “This time of the year is notorious for rallying. You might get some squaring of positions here that has little to do with oil prices,” said Mark Luschini,…
Markets | Mon Dec 21, 2015 11:42am EST Financial stocks led a cheerful start to the Christmas holiday week for the U.S. stock markets, rebounding from two days of losses, with investors taking in stride a slide in crude prices. Trading volumes are expected to be relatively light this week, with stock markets operating a…
U.S. stocks opened higher Monday, attempting to bounce from a sharp sell-off last week, as investors eyed low oil prices in a shortened trading week. The Dow Jones industrial average gained more than 100 points in the open, with Goldman Sachs leading nearly all constituents higher. Financials jumped more than 1 percent to lead advancers…