Wikimedia Markets made a u-turn in trading, with stocks, the dollar and crude oil all reversing the initial reaction to Wednesday’s Federal Reserve statement. First, the scoreboard: Dow: 17,959.03 -117.16 (-0.65%) S&P 500: 2,089.27 -10.23 (-0.49%) Nasdaq: 4,992.38 +9.55 (0.19%) And now, the top stories on Thursday: Biotech stocks supported a rally Read More
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The Dow (^DJI) and S&P (^GSPC) are both down today as traders continue to digest yesterday’s Fed news and a continued slide in crude. The tech-heavy Nasdaq (^IXIC) is bucking the trend and is once again within striking distance from 5,000…again. Here are the other stories Yahoo Finance is keeping an eye on today: Get Read More
Wikimedia Commons Stocks are lower following a huge comeback on Wednesday after the Federal Reserve’s message that it will not raise interest rates until at least June. Near 11:10 am ET, the S&P 500 was down 9 points, the Dow was down 87 points, and the Nasdaq was up 8 points. Crude oil Read More
Wall Street is taking a bit of break after yesterday’s Fed-fueled rally. Stocks (^GSPC) (^DJI) (^IXIC) are mostly lower as crude prices (OIL) continue to slide and the U.S. Dollar resumes is March higher against the Euro (EURUSD=X). Yahoo Finance Senior Columnist Michael Santoli says listen closely to Federal Reserve policy makers to see if Read More
Posted Mar. 18, 2015 at 3:30 PM
BRUCE WEAVER/AFP/Getty Images Stocks staged a huge comeback on Wednesday after the Federal Open Market Committee published its updated policy statement and the Federal Reserve Board Chair Janet Yellen held a press conference. First, the scoreboard: Dow: 18,075.80 +226.72 (1.27%) S&P 500: 2,099.38 +25.10 (1.21%) Nasdaq: 4,982.83 +45.39 (0.92%) And now, the Read More
All three major indices (^GSPC, ^DJI, ^IXIC) are giving back a healthy chunk of yesterday’s gains in the first half of the day, as crude (CLJ15.NYM) continues its downward slide. Despite the drops, the VIX, or “fear index,” remains little changed. “We’re going to sleep here in terms of volatility ahead of the Fed’s decision,” says Yahoo Read More
The three major stock indices (^DJI, ^GSPC, ^IXIC) are trading lower through the first half of the day as investors await word from the Federal Reserve this afternoon. Will the FOMC change the language that has come to be commonplace in their statements – that the Federal Reserve with be “patient” when it comes to Read More
REUTERS/Kevin Lamarque Stocks opened lower ahead of the Federal Open Market Committee’s policy statement on Wednesday afternoon, followed by Fed chair Janet Yellen’s press conference at 2:30 ET. Near 10:00 a.m., the Dow was down 82 points, the S&P 500 was down 7 points, and the Nasdaq was down 17 points. Investors are Read More
Wall Street remains uneasy as investors await word from the Federal Reserve on when it’s likely to start raising interest rates. Stocks (^GSPC) (^IXIC) (^DJI) are lower across the board as oil prices continue to tumble and the dollar is little changed against the euro. Yahoo Finance’s Aaron Task expects the Fed will drop the Read More