Pre-Election year markets are almost always a win-win for investors and historically the strongest of the four-year cycle, according to the Stock Trader’s Almanac. There hasn’t been a down year in the third year of a presidential term since war-torn 1939, when the Dow Jones Industrials (^DJI) fell 2.9%. While investors should feel pretty good Read More
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U.S. stocks traded lower on Monday on continued concern about the Greece situation, while firming oil prices boosted the energy sector. The Dow Transports fell more than 1 percent, with the airlines among the greatest decliners. The fast-food giant McDonald’s reported global same-store sales shrank 1.8 percent last month, which was worse than analysts had Read More
By Sam Forgione NEW YORK (Reuters) – Stock indexes worldwide slipped on Monday after weaker-than-expected Chinese trade data and on uncertainty about Greece’s position in the eurozone, while oil prices rose after an optimistic demand forecast from OPEC. Wall Street stocks dipped, while European shares were last down 0.5 percent after data on Sunday showed Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks slipped on Monday, on the heels of disappointing Chinese economic data and signs of increased tensions surrounding Greek debt negotiations. China’s exports fell 3.3 percent from a year ago while imports tumbled 19.9 percent, well short of expectations, raising concerns about the world’s second-largest economy. Greece’s Read More
LONDON (Reuters) – U.S. stock futures and European shares rose and the dollar climbed on Friday after monthly U.S. non-farm payrolls data showed the United States’s jobs market remained on a strong footing. Non-farm payrolls increased 257,000 last month, the Labor Department said on Friday. Data for November and December was revised to show a Read More
NEW YORK (Reuters) – U.S. stocks opened slightly higher on Friday, putting the S&P 500 on track to extend its best weekly gain in seven, after a stronger-than-expected monthly payrolls report. The Dow Jones industrial average <.DJI> rose 15.8 points, or 0.09 percent, to 17,900.68, the S&P 500 <.SPX> gained 2.57 points, or 0.12 percent, Read More
By Ryan Vlastelica NEW YORK (Reuters) – Stock markets around the world were mostly higher on Thursday, lifted as crude oil resumed its recent rise, but investors digested the European Central Bank’s surprise decision to strike Greek bonds off its list of accepted collateral. While U.S. equities rose on the day, with energy shares among Read More
NEW YORK (Reuters) – U.S. stocks rose at the open on Thursday, following an upbeat report on the labor market and as energy shares tracked oil prices higher. The Dow Jones industrial average <.DJI> rose 86.44 points, or 0.49 percent, to 17,759.46, the S&P 500 <.SPX> gained 9.57 points, or 0.47 percent, to 2,051.08 and Read More
What a difference a month makes. Especially when it was last month. In mid-December, Charles Schwab (SCHW) chief investment strategist Liz Ann Sonders told Yahoo Finance Editor-in-Chief Aaron Task that she was optimistic the bull market would continue in 2015. She said the market reminded her of the late 1990s — in a good way.But Read More
By Ryan Vlastelica NEW YORK (Reuters) – The U.S. dollar rose on Wednesday, rebounding after its worst day in more than a year, while a retreat in oil prices pressured energy shares and put Wall Street stocks in negative territory. Asset classes largely digested big moves that were recorded in the previous session, when the Read More