By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA dipped Monday due to concerns regarding the weekend's election in Greece but ended the choppy session slightly higher. Greek voters elected its anti-austerity party into office, and new concerns have emerged about the country potentially departing the euro.
The S&P 500 Volatility Index (VIX), the market's fear gauge, slipped 6.48% on the day.
Here are the top stories from today's trading session...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones fell 141 points Friday as weak earnings and soft economic data offset confidence spurred by another pending global stimulus package.
Crude oil prices continued to fall, pulling down energy and materials stocks in the process. West Texas Intermediate slipped nearly 2% on the day, with the price per barrel settling at $45.59.
Here are the top stories from today's trading session...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones today rose 39 points ahead of tomorrow's critical announcement by the European Central Bank on its stimulus plans. But the Dow's gains were capped by a decline in International Business Machines Corp. (NYSE: IBM) stock.
The CBOE Volatility Index (VIX), the market's fear gauge, slipped 5% on the day.
Here's a look at the top stories from today's trading session...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones today yo-yoed up and down, falling triple digits before rallying late in the afternoon to end just above even for the day.
Concerns about global growth and falling energy prices offset hopes of pending stimulus action by the European Central Bank and gains in the technology sector.
Here are the top stories from today's trading session...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones and the S&P 500 both reversed course after five consecutive losing sessions. The Dow added 190 points as optimism on rising consumer confidence offset worries about the meltdown happening in the Forex markets over Switzerland's surprise currency announcement yesterday.
The VIX, the market's fear gauge, slipped 6.4% on the day.
Here's a look at the top stories from today's trading session...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA and the S&P 500 both declined for the fifth consecutive trading session Thursday, while one of the most shocking currency decisions in recent history hammered global equity markets.
The Swiss National Bank abandoned its current economic policy that prevents the euro/Swiss franc exchange rate from falling below 1.20. The Swiss franc surged as much as 39% against the euro and U.S. dollar on the day.
Here's what else moved the Dow Jones today...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones and the S&P 500 both declined for the fourth-consecutive trading session. The Dow plunged 186 points as retail sales hit an 11-month low and oil prices swung significantly.
The markets are still reacting to yesterday's announcement by the World Bank that it slashed its global growth outlook to 3% for 2015, down from the 3.4% forecast in the fall.
Here's a closer look at what moved markets today...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones today rallied nearly 300 points in early trading hours before reversing and finishing down 27 points. The downturn was fueled by Brent crude prices falling another 1% on the day. Crude oil prices are down nearly 15% over the last two weeks.
The CBOE Volatility Index (VIX), the market's fear gauge, was up 4.9% on the day.
Here's a look at the top stories from the stock market today...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones today plunged 96 points after crude oil prices crashed more than 4% this afternoon. With Saudi Arabia unwilling to cut production, oversupply concerns continue to cripple the price of oil.
The CBOE Volatility Index (VIX), the market's fear gauge, was up more than 11% on the day.
Here's a look at what moved the Dow today...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Dow Jones futures today (Monday) forecasted a 48-point gain over Friday's close. The Dow closed Friday down more than 100 points after December's jobs report revealed a drop in wages, oil prices slumped, and concerns about terrorism in France raised geopolitical concerns across the continent.
The fourth-quarter earnings season officially kicks off today as aluminum giant Alcoa Inc. (NYSE: AA) announces results today.
Here's what else you need to know about the stock market today...
