Stock Market Today
The Huge Economic Indicator Everyone Misses
If you like bull markets, you better hope Janet Yellen is one of the most talkative Fed Chairs in history.
It's not that she's going to say anything brilliant or insightful, just that she says something… anything… on a regular basis.
You see, there's a direct relationship between how much she says and what's happening in the markets. What she says is almost completely irrelevant.
I know people spend hours agonizing over the slightest nuances in each statement, but really none of those things matters.
Unless you are a policy wonk, Fed statements are pretty consistently useless pontifications made every 6 to 8 weeks by the head of a supposedly independent financial body that is, in fact, a highly politicized entity.
The Fed exercises little if any control over variables and targets that it changes at will and deems relevant at its sole discretion.
Harsh? You bet. But not without merit… Full Story
Post-Market Report: Dow Jones Industrial Average Starts Week on Down Note
At the closing bell, the Dow Jones Industrial Average fell 25.82 points to finish at 16,276.95. The Nasdaq dipped 50.4 points to finish at 4,226.38, while the S&P 500 hit an intraday all-time high before falling 9.07 points to close at 1,857.46.
Here's a recap of other major events today:To continue reading, please click here...
Today's Stock Market News and Earnings Calendar
Today's stock market news, March 24, 2014: The Dow Jones Industrial Average declined on Friday slightly by 0.19% to close at 16,300.45; last week, the Dow gained 1.45%, or 232.83 points.
On Friday, the Nasdaq slipped 42.50 points to finish at 4,276.79, while the S&P 500 dropped 5.49 points to end the day at 1,866.52.
Now here are the stories moving markets today:To continue reading, please click here...
The Top Stock Market News Today
Top stock market news today, March 21, 2014: The Dow Jones Industrial Average rose 108.88 points to finish at 16,331.05 The Nasdaq increased 11.68 points to finish at 4,319.29, while the S&P 500 added 11.24 points to close at 1,872.01. The markets soared on positive news from the Philly Fed manufacturing index.
On Friday, three U.S. Federal Reserve representatives will speak, offering fresh insights on Wednesday's FOMC meeting.
Meanwhile, U.S. futures are taking off this morning on news of improving U.S. data and a positive ratings upgrade for the nation's economy. Here's a look at what's on tap for today.To continue reading, please click here...
Top Five Stories in Stock Market News Today and Earnings Calendar
Stock market news today, March 20 2014: The Dow Jones Industrial Average slipped 0.7% on Wednesday to end at 16,222.17. The Nasdaq lost 0.59% to finish 4,307.60, while the S&P 500 slid 0.61% to 1,860.77.
Global markets and U.S. futures were down this morning following the announcement yesterday (Wednesday) by U.S. Federal Reserve Chairwoman Janet Yellen's comments that the central bank could increase interest rates ahead of market expectations, as early as Spring 2015.To continue reading, please click here...
Dow Jones Industrial Average Falls After Yellen's First FOMC Meeting
The markets crumbled today after the Federal Open Market Committee (FOMC) indicated a dovish approach to economic policy. At the closing bell, the Dow Jones Industrial Average fell 114 points to finish at 16,222. The Nasdaq slumped 25 points to finish at 4307, while the S&P 500 lost 11 points to close at 1860.
The FOMC moved the goal posts on Wednesday, altering its view of when the central bank should raise interest rates. At its first meeting with new Chair Janet Yellen at the helm, the committee elected to trim its asset-purchasing program (quantitative easing) by another $10 billion to $55 billion per month.To continue reading, please click here...
Today's FOMC Meeting Preview and Stock Market Report
Today's stock market report, Mar. 19, 2014: The Dow Jones Industrial Average rose 0.55% on Tuesday to finish at 16,336.19. The S&P 500 added 0.72% to end the day at 1,872.25, while the Nasdaq jumped 1.25% to close at 4,333.31.
U.S. stock futures are up this morning as markets remain calm but guarded over Russian President Vladimir Putin's assurances on future intervention in Ukraine. Nonetheless, global markets were up and down ahead of today's Federal Open Market Committee (FOMC) meeting announcement at 2:30 p.m. EST.To continue reading, please click here...
Dow Jones Industrial Average Advances on Today's Top Stock Market News
Stock market today, March 18, 2014: The Dow Jones Industrial Average increased 0.55% to finish at 16,336.19. The S&P 500 added 0.72% to end the day at 1,872.25, while the Nasdaq jumped 1.25% to close at 4,333.31.
The big news today includes a surge in U.S. food prices on the horizon, yet another U.S. bank settling for its bad behavior, Russia annexing Crimea, and a Microsoft swell to near-record levels not seen since 2000.Here's what you need to know after the bell...
Stock Market Crashers: Why Global Geophysical Stock (NYSE: GGS) Plunged 60% Today
Global Geophysical Services Inc. (NYSE: GGS) played today's (Tuesday) "stock market crasher," plunging 60.68% to an all-time low after announcing that several of its past financial reports are inaccurate.
On Monday, the provider of seismic data to energy companies shocked with Q4 and full-year 2013 earnings. In it the company stated its financial reports and related auditors' reports for each of the fiscal years ended Dec. 31, 2012, 2011, 2010, and 2009, plus the first, second, and third quarters of 2013, "should no longer be relied upon because of accounting errors resulting from material weaknesses in the company's internal controls."To continue reading, please click here...
Today's Stock Market News and Earnings Calendar
Stock market news today, March 18, 2014: The Dow Jones Industrial Average soared 181.55 points on Monday to close at 16,247.22. The Nasdaq gained 34.55 points to close at 4,279.95, while the S&P 500 added 17.70 to finish the day at 1,858.83.To continue reading, please click here...