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Wall Street Surprisingly Calm Amid a Sea of Chaos

Posted on August 29th, 2017.

U.S. equities were little changed on Monday, as Wall Street extended a recent pattern of quiet trade. At the same time, the currency and commodity markets were on fire after a recent meeting of global central bankers offered scant details about the future of monetary policy. Wall Street’s Snooze-Fest Not much happened on Wall...



Trump Talks Up Border Wall as Congress Eyes Sept. 30 Budget Deadline

Posted on August 24th, 2017.

U.S. President Donald Trump is pushing Congress to make appropriations for his proposed border wall with Mexico, placing more pressure on lawmakers ahead of the Sept. 30 budget deadline. Trump Takes Aim at Congress Debt Ceiling Plans President Trump has threatened to shut down the U.S. government in October unless Congress approves the...


Market Overview

U.S. Stocks Tank as Political Jitters, Weak Earnings Trigger Broad Selling

Posted on August 18th, 2017.

U.S. stocks just posted their biggest decline in three months, as disappointing earnings and political jitters drove volatility through the roof. Wall Street Slams on the Breaks Stocks declined across the board on Thursday, with the S&P 500 Index falling 1.5% to 21,750.73. All 11 sectors tracked by the large-cap index finished in...


Market Overview

Dow’s Streak of Nine Consecutive New Highs Comes to an End Amid North Korea Tensions

Posted on August 9th, 2017.

The Dow Jones Industrial Average snapped its remarkable winning streak on Tuesday, as U.S. stocks ended on a whimper amid escalating tensions on the Korean peninsula. Dow Falls for the First Time in 11 Days The Dow snapped a ten-day winning streak, including nine consecutive record highs. The blue-chip index fell 33.08 points, or 0.2%,...


Market Overview

Dow’s Relentless Surge Shows Signs of Slowing as Markets Ponder Overvaluation Risks

Posted on August 4th, 2017.

The Dow Jones Industrial Average posted its seventh straight record close on Thursday. However, growth came by the narrowest of margins as Wall Street tempered its appetite for stocks. The Dow’s Remarkable Story Earnings results from several blue-chips have pulled the Dow Jones into record territory. Gains continued on Thursday,...


Market Overview

Dow Jones Sets Fifth Straight Record High; 22,000 In Focus

Posted on August 2nd, 2017.

The Dow’s meteoric rise continued on Tuesday, with the benchmark index setting its fifth consecutive record high on the heels of upbeat corporate earnings. Dow 30 Doesn’t Let Up The Dow Jones Industrial Average added 72.80 points, or 0.3%, to close at 21,963.92. The index came within nine points of 22,000, a milestone that is...


Market Overview

Tech Rollover Weighs on S&P 500 and Nasdaq; Verizon Earnings Propel Dow to New Highs

Posted on July 28th, 2017.

U.S. stocks finished mostly lower on Thursday but avoided bigger losses after upbeat corporate earnings offset a volatile tech sector. Tech Sector Rollover After a spectacular month of gains, technology shares declined sharply on Thursday. Profit-taking was the likely culprit for the decline. The S&P 500’s technology index...

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