The Dow Jones Industrial Average today couldn't gain the strength to hit 20,000 points as technology and consumer discretionary stocks weighed down the index.
Goldman Sachs Group
The 2017 stock market predictions from Barron's are out, which means the "experts" are about to prove once again how bad they are at forecasting.
Investors who mistakenly trust these renowned Wall Street analysts are much more likely to lose money than to profit.
You see, Wall Street's stock market forecasts serve their agenda, not yours.
The Dow Jones Industrial Average today climbed, just missing 20,000.
The Dow Jones Industrial Average bounced back from Wednesday's triple-digit decline as the stronger U.S. dollar and improving economic data fueled optimism.
Bank stocks have risen over the last several weeks amid prospects of rising interest rates.
Donald Trump's presidential win and corporate tax cuts are also big wins for banks…
The nation's most controversial CEOs didn't get rich by playing nice.
Several voices in President-elect Donald Trump's circle of economic advisers have expressed support for putting the United States back on the gold standard for the first time since 1971.
The idea has the support of several prominent GOP lawmakers. Trump himself talked about it during the campaign. That means a return to the gold standard may well become an issue in 2017.
But much has changed since 1971.
According to UBS, "Trump's market rally" is primarily the work of one stock breaking records left and right.
Today, Kyle Bass – the hedge fund manager who predicted the 2008 mortgage crisis – warned the media about China's impending capital outflow implosion…
Former big banker Steven Mnuchin has been tapped as Trump's new Treasury secretary.