The DJIA Index rose 75 points Wednesday on strong energy stock gains and improving confidence in first-quarter earnings. A strong U.S. dollar, winter weather, and a massive West coast port shutdown may not have affected companies in Q1 as much as previously expected.
Oil prices continued to rise today on expectations that the United States will begin to see falling production. WTI crude gained nearly 6%.
Here are the day's top market stories...
For April 14, 2015, here's how the stock market did today, the top stock market news, and stocks to watch based on today's market moves.
The DJIA Index gained 59 points as reduced expectations for quarterly profit outlooks were offset by energy sector gains and strong earnings results from JPMorgan Chase & Co. (NYSE: JPM). Shares of the banking giant gained 1.5% on the day.
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The DJIA today slipped 80 points on investor fear that a stronger U.S dollar will negatively affect earnings. The Nasdaq traded briefly above 5,000 before falling 7 points on the day.
The Obama administration proposed new regulations for offshore oil and natural gas development aimed at preventing another disaster like the oil spill at BP's Deepwater Horizon rig in 2010.
Here are the top market stories from today, including stocks to watch...
The DJIA today gained 56 points as oil prices rebounded and lifted energy stocks. But the dollar's strength limited today's upside and fueled uncertainty over corporate profits as earnings season gets underway.
Rate chatter continued as investors try to pinpoint when the Federal Reserve will tighten monetary policy.
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The DJIA Index added 27 points Wednesday. The markets were volatile after the release of the March FOMC meeting minutes.
The minutes revealed a divergence between members of the central bank. Several stated recent economic data warrant a rate hike in June, while others cited recent strength in the U.S. dollar as a reason to delay a hike.
Here are the day's top market stories, plus our new profit tip for investors.
The DJIA Index retreated sharply during the last 30 minutes of a busy trading session, erasing an earlier gain of more than 100 points. The sell-off comes the day before earnings season kicks off and the Federal Reserve releases minutes from the most recent FOMC Meeting.
Healthcare stocks were the best performers from the S&P 500.
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For April 6, 2015, here's how the stock market did today, the top stock market news, and stocks to watch based on today's market moves.
The DJIA Index gained more than 144 points on Tuesday, fueled by a surge in oil prices and soft data that hints the Federal Reserve will likely avoid an interest rate hike in June. Friday's weak March employment report pushed PNC Financial Services to delay its expected target rate date back to until September.
Here are the day's top stories plus our new profit tip for investors...
For April 2, 2015, here's how the stock market did today, the top stock market news, and stocks to watch based on today's market moves.
The DJIA today added 65 points, fueled by increased optimism over the U.S. employment situation. First-time claims for state unemployment benefits totaled 268,000, better than the 285,000 analysts had expected.
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The DJIA Index plunged 77 points amid disappointing economic data as the second quarter begins. The S&P health care sector slipped 0.5% as investors sold stocks and took gains from a strong first quarter.
Wal-Mart Stores (NYSE: WMT) was the biggest decliner on the S&P 500, while the Nasdaq was weighed down by a sell-off in biotech.
The DJIA Index plunged 200 points Tuesday. The cause? Energy stocks drove the market downward as Iranian nuclear deal talks weigh down oil prices.
The markets pared gains from Monday's massive rally. Basic materials stocks including Dow Chemical Co. (NYSE: DOW) were the biggest decliners Tuesday.
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The DJIA today soared 263 points, bringing 18,000 back into the Dow's line of sight again. The cause for the surge? Several key deals in the healthcare sector plus big gains for energy stocks.
The S&P 500 energy sector jumped more than 1.8% on the day. Today's most active energy stocks were Exxon Mobil (NYSE: XOM), up 2.45%; and Chevron (NYSE: CVX), up 2.51%.
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The DJIA Index added 33 points Friday to end a four-day losing streak. The cause? Biotech and healthcare stocks rebounded to pull markets upward as investors search for value after this week's sell-offs.
Fed Chair Janet Yellen gave a speech on monetary policy in San Francisco 15 minutes before the closing bell. Yellen indicated that rate increases this year are likely, but the pace will be gradual.
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The DJIA today managed to bounce back from early triple-digit losses but still closed down 39 points. The S&P 500 struggled to its fourth-straight daily decline.
Investors brushed aside concerns about a pending interest-rate hike by the Federal Reserve and jitters over the upcoming earnings season.
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The DJIA today fell 292 points. The Nasdaq suffered its steepest one-day decline in almost a year.
What happened? A wide sell-off in the biotech and technology sectors outpaced gains fueled by news of a merger between Kraft Foods Group (Nasdaq: KRFT) and H.J. Heinz Co. Continued weakness in Europe also remains a central concern to investors.
Here are the day's top stories, plus our new profit tip for investors...
The DJIA index dipped 104 points Tuesday. Why the decline? Expectations for a faster rate increase by the Federal Reserve outweighed improving economic data.
New home sales hit a seven-year high in February, a sign of surging demand in the housing market. Existing home sales were also up 1.2% in February despite bad weather.
Here are the day's top market stories - plus our new profit tip for investors...
