U.S. stocks end dismal, volatile year on bright note
Wall Street closed out a turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade.
Wall Street closed out a turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade.
Wall Street capped a week of volatile trading Friday with an uneven finish and the market's first weekly gain since November.
The S&P 500 index posted its biggest single-session upward reversal since 2010 on Thursday, a day after the gauge capped its largest single-day advance since 2009.
One thing’s for sure, for investors who had been almost completely starved of good news all month, Wednesday brought it coursing back in a flurry.
U.S. stocks surged Wednesday, recovering all their losses from a Christmas Eve plunge. The Dow Jones industrial average and S&P 500 both set single-day records.
The software company’s shareholder equity fell below the $2.5 million required to remain on the exchange.
Investors have turned pessimistic about everything from the inevitability of a U.S. recession to growing international trade disruptions and higher loan defaults.
The president fired off two tweets this week objecting to a rate hike. In one of them, he called it “incredible” that the Fed would consider raising rates again when “the outside world is blowing up around us.”
On Wednesday, the Fed is set to announce its fourth rate hike of the year. But after this week, no one is sure what it will do. Neither, most likely, is the Fed itself.
The problem with anchoring is, it fails to recognize the extreme volatility inherent in stocks.
The Dow Jones industrial average sank almost 800 points Tuesday as investors worried that a U.S.-China trade truce reached over the weekend wasn't all it was cracked up to be.
Investment firm LPL Financial has agreed to pay a civil penalty for "various deficiencies" related to supervision of its Indiana operations, the Secretary of State’s office said Monday.
Stocks surged on Wall Street on Wednesday, with huge gains by every major U.S. index, after Federal Reserve Chairman Jerome Powell suggested the central bank might consider a pause in its interest rate hikes next year.
Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year, igniting a rally on Wall Street.
According to research firm CFRA, this is the first time since World War II that the S&P 500 has had two corrections in the same calendar year.
One of the toughest years for financial markets in half a century got appreciably worse Tuesday, with simmering weakness across assets boiling over to leave investors with virtually nowhere to hide.
Stocks were skidding again Tuesday as weak results from retailers and mounting losses for big technology companies pushed the market back into the red for the year.
Volatility has sparked concern with some investors, particularly the group that was hit particularly hard during the most recent financial crisis.
Investors who want to take advantage of the “opportunity zones" provision created by last year’s federal tax overhaul are about to receive more help in Indiana.
A wave of corporations in central Indiana is creating venture capital arms, pushed partly by the desire to join the technological movement.