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Wall Street

Housing Market Index

Don't Believe the New Housing Market Index Numbers

This month's Housing Market Index (HMI) numbers would have you believe that this so-called housing recovery is picking up steam.

Figures released yesterday (Monday) show that home builders are both more confident in the current housing market, and are more optimistic for the six months ahead.

But even as some will try to spin this narrative that these numbers point toward a substantial recovery, there are more sinister forces at work...

Wall Street

This Is the Troubling Future of High-Frequency Trading

The rats are fleeing their listing ships…

Of course, that's not surprising.

The Financial Times reported yesterday that high-frequency traders are leaving investment banks for hedge funds, prop trading houses, and their own startups.

Oh, you didn't realize that regular, Too Big to Fail, investment banks had high-frequency trading desks?

Surprise, surprise, surprise… High-frequency trading isn't the exclusive purview of specialized trading shops.

High-frequency trading is a proven money-raking machine, and today I'm going to tell you that's why it's part of most so-called investment banks' trading operations...

Stock Market Today

YHOO, JPM, and GS Earnings Top Today's Wall Street News

Wall Street news today, July 15, 2014: U.S. markets rallied on Monday as concerns over European debt subsided and investors took a more optimistic stance on second-quarter profit season. The financial sector led the charge ahead of their earnings this week. Today's futures were mixed as the markets prepare for Federal Reserve Chair Janet Yellen's semiannual testimony before Congress.

Investors will also keep a close eye today on earnings reports from Yahoo! Inc. (Nasdaq: YHOO) and Goldman Sachs Group Inc. (NYSE: GS), among others.

Here’s what you should know to make your Tuesday profitable:

Stock Market Today

Today's Wall Street News Led by GM, F, and BNP Paribas

Wall Street news today, July 1, 2014: U.S. stock markets were flat on Monday, but that represented good news as the second quarter came to a close. The S&P 500 and Nasdaq finished up for a sixth consecutive quarter, and the S&P 500 posted its best second-quarter gain since 2009.

Here’s the Wall Street news that will be moving markets today:

Wall Street

BNP Paribas Fine Breaks a Record

France's largest bank, BNP Paribas, will pay a fine of $8.8 billion for breaching U.S. sanctions on Iran and Sudan, making it the largest penalty in history for such a violation.

The BNP Paribas fine will settle a criminal investigation probe launched by the U.S. Treasury Department, the Department of Justice, the Manhattan District Attorney's Office and the New York Department of Financial Services.

Here's why the punishment is bigger than any before...

Fight Club: Shah battles "Dark Pools" apologist on NPR today

Today, Shah Gilani let some wicked punches fly, debunking the legitimacy of Wall Street's "Dark Pools" on NPR's popular talk show On Point.

As Shah himself said: "This is about how the market has been undermined and how it could collapse one day, literally, and trillions of dollars could be lost in a matter of days."

Stock Market Today

Wall Street News: HD, TWTR, and LOCK Are Moving Markets Today

Wall Street news today, May 20, 2014: The Dow Jones Industrial Average was up on Monday despite the fact that a megadeal between the world's leading drug companies fell through. Tech and small-cap stocks saw the strongest performances on the day.

Here are the 10 things moving markets in the stock market today:

Stock Market Today

Stock Market Today: Wal-Mart Misses Earnings, Other Top Stories

Stock market today, May 15, 2014 The Dow Jones Industrial Average slumped from record highs yesterday on concerns of rising inflation. Producer prices increased 0.6% in April, the largest increase since September 2012. Economists had predicted a rise of just 0.2%.

Stock Market Today

GSK, YHOO, DE, and NFLX Are Today's Pre-Market Movers

Premarket movers today, May 14, 2014: The Dow Jones Industrial Average rose to a new closing record on Tuesday of 16,715.44. The S&P 500 hit a record intraday high, touching over 1,900 for the first time ever.

Here’s what to know about the stock market today to make your Wednesday profitable:

Stock Market Today

Financial News Today: Alibaba’s Under-The-Radar Investor

Financial news today, May 8, 2014: The Dow Jones Industrial Average jumped Wednesday after Fed Chair Janet Yellen told the Joint Economic Committee of Congress that the U.S. economy needed additional support to buffer the "considerable slack" in the labor market. Yellen also stressed risks in the housing market and rising geopolitical tensions.

This morning (Thursday), U.S. futures are flat on positive Chinese trade data and the anticipation of jobless claims.

Here’s what you need to know to make your Thursday profitable: