Silver prices today are up, but this is the second straight week of declines.
In the last two weeks, silver and gold have both begun to slide.
This slump is easily explained though, and here's how...
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:
Earnings Calendar for Q2 2014: Five Key Players to Watch
2014 Q2 Earnings Calendar: The unofficial start to earnings season launches today (Tuesday) with Alcoa Inc. (NYSE: AA) reporting second quarter numbers after the close.Just four companies in the S&P 500 post earnings this week. The bulk of reports flood in during the weeks of July 21 and July 28, with big retailers reporting in August. Following are a few key earnings reports to watch.
Argentina Stock Market Crash Reverses After Today's Deal – for Now
Monday, a stock market crash to the tune of a 12.22% drop hit the Merval Argentina (BCBA: IAR), the most important index of the Buenos Aires Stock Exchange. The index fell to 5,847.78 by market close on Monday – 15% from its all-time high hit just six days prior.
But today, Argentina’s stock market got relief. Stocks are up 1.14% after the country’s lawyer said it will negotiate with a group of hedge funds that are suing over $1.33 billion in bonds.The move is historic since Argentina had said it would never negotiate with the group – but, after what happened this week, they had little choice...
May Jobs Report Leads the Dow Jones Today
Stock market news today, June 6, 2014: The Dow Jones Industrial Average reached a record high again on Thursday after the European Central Bank announced plans to cut interest rates and possibly consider stimulus efforts. The ECB slashed its main refinancing rate to a historic low from 0.25% to 0.15%. It also cut its deposit rate to -0.1%.Here are the top stories to watch to make your Friday profitable:
Top Financial News: FOMC Minutes Today, Detroit's JP Morgan Bailout, and More
Top financial news today, May 21, 2014: The Dow Jones Industrial Average plummeted more than 100 points on Tuesday after a sharp selloff in retail stocks rattled the markets.Here are the top financial news stories you should know to make your Wednesday profitable…
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:
JPMorgan (NYSE: JPM) Stock Slumps After Rare Earnings Miss
For the first time in over two years, and only the fifth time in a decade, JPMorgan Chase & Co. (NYSE: JPM) missed earnings forecasts when it posted first-quarter 2014 results Friday.
Investors were prepared for a slip in earnings compared with Q1 of 2013. In February, JPM cautioned trading revenue was weak. The warning was especially troubling because the first quarter is traditionally a strong one.But Q1 of 2014 wasn't just weak - it was JPM's worst quarter since 2008, during the depths of financial crisis...
- JPMorgan (NYSE: JPM) Stock Price Up Today After Earnings It hasn't been an easy year for JPMorgan: There was the London Whale scandal, which cost the Big Bank more than $6.2 billion. Fallout from the mortgage crisis brought a $13 billion fine. And just recently JPM had to shell out another $2 billion in fines for its role in the Bernie Madoff scheme. So earnings had to be awful, right? Not exactly. Somehow, CEO Jamie Dimon pulled another rabbit out of his hat...
- What the JPM Settlement Means for Wall Street When you see a Wall Street rogue like JPMorgan get slapped with a $13 billion fine -- the largest ever for a Wall Street Bank -- it sure seems like justice has been done. But it's awfully hard to hurt a Too Big to Fail Bank with fines, no matter how enormous. Here's something that would really get their attention...
JPMorgan (NYSE: JPM) Talks $11 Billion Settlement; Q3 Earnings at Risk
JP MorganChase & Co. (NYSE: JPM) finds itself in front of regulators yet again for misdeeds.
Chief Executive Officer (CEO) James Dimon was in Washington yesterday (Thursday) attempting to broker a settlement over the bank's sale of substandard mortgages.
Dimon met with U.S. Attorney General Eric Holder about a possible $11 billion settlement in attempts to end criminal and civil charges over JPM's questionable mortgage practices. The U.S. Justice Department said earlier in the week it could file a lawsuit over one of the bank's pending mortgage cases.To continue reading, please click here...
Stock Market Today Boosted by Better-than-Expected Bank Earnings
U.S. equities marched higher - by a smidge - in the stock market today, one day after benchmarks logged fresh records.
The Dow Jones Industrial Average finished at 15,464.07, up 3.15 points, or 0.02%. The Standard & Poor's 500 Index ended at 1,680.19, up 5.17 points, and the Nasdaq closed at 3,600.08, up 21.78 points.Read More...