Stocks are poised for a record-setting day after a stunning Republican midterm election victory put the GOP in control of the Senate and increased its majority in the House.
The U.S. stock market got an afternoon boost Wednesday following the (much anticipated) Fed policy statement indicating the market-friendly low interest rates could continue for a “considerable time."
The U.S. markets saw gains across the board Tuesday as stocks turned positive on sentiment from a Wall Street Journal report saying that the Fed could continue its market-friendly interest rate policies. Fed Chairwoman Janet Yellen is scheduled to deliver her policy statement on Wednesday. On the economic side, August producer prices remained flat from July, allaying inflation concerns, while crude oil surged ahead of inventory numbers -- sending energy stocks climbing.
The U.S. markets were a mixed bag Monday. The blue chips posted gains, while tech stocks were particularly hard hit ahead of Alibaba’s IPO, which is slated to launch later this week and could be the largest initial offering in history.
The U.S. markets saw declines across the board Friday, as concerns that next week’s Federal Reserve policy meeting could signal interest rate hikes overshadowed positive consumer sentiment and retail sales data.
The US markets were mixed today following an unexpected rise in initial jobless claims and a new round of European Union economic sanctions against Russia over the situation in the Ukraine.
U.S. markets were in the red Tuesday on continuing concerns around the timing of the Federal Reserve rate hikes.
It was three years ago that Standard & Poor's made the unprecedented move of downgrading the U.S. credit rating from AAA to AA+.
Wall Street’s fear gauge jumped 19.5%--the third biggest increase of 2014.
Oil refiners tumbled after the Commerce Department approved the export of a minimally processed form of oil. Producers rallied on the news.
A slew of broadcasters are rallying after the Supreme Court ruled against tech firm Aereo, which enables users to stream broadcast television networks over the Internet.
Energy stocks are moving higher, and four big names like Halliburton and Anadarko touched record highs.
The Dow Jones Transportation Average continues to drive to new highs, hitting its fourth in a row and its 16th for the year.
Johnson Controls is spinning off its automotive interiors business into a joint venture with a Chinese partner, and rival auto-parts makers are rallying on word of the deal.
The closely-watched index of transportation stocks switched gears on Wednesday.
Social media stocks are rallying in a big way, as new highs for the Dow Jones Industrial Average and the S&P 500 stimulate investors' appetite for risk.
Tech companies that went public in the last year, including FireEye, are getting hammered on the market.
Technology IPO stocks like FireEye, Twitter and GoGo have been hit hard recently
Which U.S. industries are seeing the biggest gains in hiring?
Twitter shares plunged below IPO levels Wednesday on the back of weak first-quarter user growth. The move brought many other online-based stocks deep into the red.