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On Saturday, U.S. President Donald Trump declared Dec. 5 a national day of mourning for former President George H.W. Bush, who passed away last Friday at the age of 94.
As is tradition for periods of national mourning, all major trading floors will be closed.
These include the New York Stock Exchange and the NASDAQ.
It also includes major indexes like the Dow Jones Industrial Average.
On Tuesday (Dec. 4) the Dow Jones Industrial Average fell over 700 points as an aggressive market sell-off shattered stock market gains.
After Monday's moderate stock rebound, investors are wondering why the Dow Jones Industrial Average is down today.
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The U.S. financial markets will be closed on Dec. 5 to honor the memory of former President George H.W. Bush.
He passed away at the age of 94.
But when the markets open, you won't want to miss this profit opportunity.
With all major indexes in the red for 2018, it's been a rocky year for stock market returns.
However, it could get worse. Far worse.
In fact, we may be on the verge of entering a bear market – a market where the majority of stock prices are falling and investors maintain a negative outlook on market returns.
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It may sound like hyperbole, but the looming global debt crisis can not be taken lightly. After years of insanely low interest rates around the world, companies and governments issued debt like it was going out of style. And it just may.
In the last 15 years, worldwide debt has more than doubled, up by nearly $150 trillion. And the Institute of International Finance warned this past July that global debt rose the most in two years, by $8 trillion in the first quarter of this year, reaching an astounding $247 trillion.
That number represents a staggering 318% of global GDP.
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On Wednesday (Nov. 28) the leaders of the world's 20 largest economies will gather in Buenos Aires, Argentina, for the 2018 G-20 Summit.
The annual meeting is intended to foster dialogue between all leaders about global economic health.
However, all eyes will be on just two heads of state: U.S. President Donald Trump and Chinese President Xi Jinping.
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With indexes trading in the red for 2018, investors are looking for any bit of good news to bolster markets and pad their portfolios.
That's why Wall Street is paying close attention to the upcoming G20 summit, an annual meeting between the world's 20 largest economic players.
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On Monday (Nov. 12), the Dow Jones Industrial Average fell over 450 points as markets initiated a broad sell-off.
After shaking off October's abysmal stock market performance, many investors are wondering why the Dow Jones Industrial Average is down today.
Jeff Sessions resigned today when President Trump asked for his resignation.
Pot stocks are already surging.
Today's midterm elections will decide who controls Congress for the next two years, but there's an even more important outcome we're following.
Marijuana ballot initiatives are the real story this midterm election season.
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