The S&P 500 experienced its worst May trading day in 50 years on Monday (March 13), as China announced new tariffs on American exports.
This kind of drop sent market volatility through the roof with the Volatility Index jumping as much as 27%. While volatility can rattle Wall Street's blue-chip stocks, it can be great news for penny stocks.
That's why we're bringing our readers the top five penny stocks to buy in May.
The Dow Jones today projected a 122-point gain in pre-market trading after the McDonald's Corporation reported very strong quarterly earnings.
This morning, the firm reported EPS of $1.79 per share, a figure that topped analyst estimates by 12 cents.
Revenue did decline by 9% year-over-year, but the $5.14 billion reported still bested Wall Street expectations of $4.98 billion.
Financial markets are reeling after President Trump announced plans to introduce strict tariffs on the importation of aluminum and steal.
However, Wall Street is missing the fact that this kind of trade realignment presents some exciting profit opportunities to investors – especially in the best American steel stocks. In fact, we believe that new steel and aluminum tariff will prove a boon to the American steel market and increase the steel industry's market value…
The Dow Jones news today features earnings reports from the three of the largest financial institutions in the United States: J.P. Morgan, Citigroup, and Wells Fargo.
Dow Jones futures are up one point this morning after Federal Reserve Chair Janet Yellen testified before the U.S. Senate Banking Committee yesterday.
The Dow Jones news today features another busy day of earnings as investors await details on President Trump's tax policy.
But investors are still taking a wait-and-see approach to the U.S. debt ceiling debate, Greek bailout talks, and the upcoming French presidential election.
In Dow Jones news today, the markets fell as investors wonder if President Donald Trump will cut taxes in 2017.
Because there was such resistance to repeal the Affordable Care Act, the markets are worried President Trump may not be able to deliver on his campaign promises.
The Dow Jones futures are down 152 points ahead of the opening bell as investors try to make sense of last week's decision by Republicans not to hold a vote to replace Obamacare.
Investors are still hoping Trump's team is able to transition quickly to other policy priorities.
