By Evelyn Cheng at 4pm EST on Wed 9.23.15 U.S. stocks closed mildly lower Wednesday in light volume trade as investors eyed oil and commodity prices, amid weak manufacturing China data. ( Tweet This ) “We’ve been bouncing around all day. We’ve been going up and down with energy prices,” said Art Hogan, chief market…
11:08 EST: U.S. stocks traded sharply lower Tuesday, pressured by continued anxiety over slowing global growth following the Federal Reserve’s decision to keep rates unchanged. The Dow Jones industrial lost more than 250 points as the major averages declined more than 1.5 percent, with the Nasdaq composite joining the other major averages in negative territory…
SEP 17, 2015 @ 04:31 PM A few people on the Street thought that China did not matter to the Fed’s rate decision this month. It looks like China mattered more to chairwoman Janet Yellin than most people anticipated. While the market expected the Fed to keep rates steady on Thursday, China’s slowdown adding to…
U.S. stocks closed more than half a percent higher Wednesday as investors eyed a jump in oil prices and looked ahead to the Federal Reserve’s decision on a rate hike. “It’s all about waiting for tomorrow. Right now you’re seeing the market being positive. The consensus is the Fed is not going to do anything,”…
SEP 16, 2015 @ 04:24 PM It’s going to be a hard row to plow for a number of emerging markets if the Federal Reserve Bank raises interest rates on Thursday as some expect. Moody’s said on Wednesday that at least two BRIC markets, namely Brazil and Russia, were in for an even ruder awakening…
If you like risk, then boy do Chinese brokers have a product for you. Two weeks ago, People’s Bank of China governor Zhou Xiaochuan told a gathering of Finance Ministers and central bankers at the G-20 meeting in Turkey that the current volatility in China’s mainland equity markets has worked itself out. Not quite. The Deutsche…
9/11/15 4pm EST U.S. stocks closed mildly higher Friday despite a renewed decline in oil prices and uncertainty ahead of the key Federal Reserve meeting next week. The major averages reversed mild opening losses and wavered throughout the day before closing up about half a percent near session highs. “The market’s in a sideways wait-and-see…
Markets | Fri Sep 11, 2015 9:00am EDT BY TANYA AGRAWAL Wall Street was set to open lower on Friday as jittery investors await a decision on rate hike by the U.S. Federal Reserve next week. However, the S&P 500 was poised for its biggest weekly gain since July despite the recent volatility that has…
September 8, 2015 By Evelyn Cheng U.S. stocks traded sharply higher Tuesday, trying for recovery after the long weekend and their second-worst week for the year. “I think it’s just a bounce from a lousy week,” said Maris Ogg, president of Tower Bridge Advisors. “There are a number of things coming up (such as bank loan…
September 06 2015 8:20 AM EDT Global fears about China’s economic slowdown have rocked equity markets around the world the past few weeks, and while many stocks, and even entire sectors, have remained in a slump since the country’s so-called Black Monday, some securities have snapped back impressively. However, the list of winners in recent…