Top financial news today, May 21, 2014: The Dow Jones Industrial Average plummeted more than 100 points on Tuesday after a sharp selloff in retail stocks rattled the markets.
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Wall Street news today, May 20, 2014: The Dow Jones Industrial Average was up on Monday despite the fact that a megadeal between the world's leading drug companies fell through. Tech and small-cap stocks saw the strongest performances on the day.
Stock market today, May 19, 2014: The Dow Jones Industrial Average rose on Friday as positive housing data raised investor sentiments and trimmed morning losses. U.S. consumer sentiment slipped in May, offering new concerns about U.S. income growth.
Stock market today, May 16, 2014: The Dow Jones Industrial Average slumped as many as 200 points Thursday on lukewarm housing numbers, poor retail earnings, and a sell-off in small cap stocks.
Stock market today, May 15, 2014 The Dow Jones Industrial Average slumped from record highs yesterday on concerns of rising inflation. Producer prices increased 0.6% in April, the largest increase since September 2012. Economists had predicted a rise of just 0.2%.
Premarket movers today, May 14, 2014: The Dow Jones Industrial Average rose to a new closing record on Tuesday of 16,715.44. The S&P 500 hit a record intraday high, touching over 1,900 for the first time ever.
Financial news today, May 13, 2014: The Dow Jones Industrial Average closed at an all-time record on Monday as shares of small-cap and technology stocks rebounded from recent losses.
Wall Street news today, May 12, 2014: The Dow Jones Industrial Average was flat on Friday as the market looks ahead to a critical succession vote by Pro-Russian loyalists in the Ukraine. Unimpressive jobs data also played a factor in the markets' performance.
This morning, U.S. Futures and global markets were on the rise after China's State Council committed to greater market liberalization over the weekend.
Wall Street news today, May 9, 2014: The Dow Jones Industrial Average jumped Thursday as U.S. Federal Reserve Chair Janet Yellen offered a positive outlook for the U.S. economy during her congressional testimony. The Nasdaq, however, was down after technology stocks took yet another hit.
This morning, U.S. Futures are in the red as new concerns over Ukraine have emerged.
Financial news today, May 8, 2014: The Dow Jones Industrial Average jumped Wednesday after Fed Chair Janet Yellen told the Joint Economic Committee of Congress that the U.S. economy needed additional support to buffer the "considerable slack" in the labor market. Yellen also stressed risks in the housing market and rising geopolitical tensions.
This morning (Thursday), U.S. futures are flat on positive Chinese trade data and the anticipation of jobless claims.
Financial news today, May 7, 2014: Major indices slipped on Wednesday on news that the OECD cut its 2014 global forecast for growth by 0.2%.
Federal Reserve Chairwoman Janet Yellen will testify before the Joint Economic Committee of Congress this morning at 10 a.m. On Thursday, Yellen will appear before the Senate Budget Committee.
Financial news today, May 6, 2014: U.S. futures were on the rise Tuesday morning on mixed global results and positive forecasts for the national economy. The Organization for Economic Cooperation and Development said it expects U.S. economic growth to rebound strongly in Q2 2014 after the brutal winter weather. The agency also expects inflation to remain in check until mid-2015.
Wall Street news today, May 5, 2014: U.S. futures were in the red on Monday morning after new data indicated that Chinese manufacturing decreased for the fourth consecutive month in April. On Friday, all three major indices slipped after April's jobs report indicated erosions in the workforce participation rate.
Today's financial news, May 2, 2014: This morning (Friday), the Bureau of Labor Statistics reported that the official U.S. unemployment rate fell from 6.7% to 6.3%, the largest single monthly drop since September of 2008.
U.S. markets were mixed on Thursday after a string of positive economic data improved the nation's outlook, despite higher weekly jobless claims.
Wall Street news today, May 1, 2014: The markets closed on Wednesday in the black after the Federal Reserve committed to cutting another $10 billion from its bond-purchasing program.
This morning, Federal Reserve Chairwoman Janet Yellen will speak to kick off a heavy economic calendar.