Volatility could be the name of the game on Wall Street next week as rising crude oil prices revive inflation fears and stock investors await congressional testimony from the Federal Reserve’s chairman.
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Original post by Publicbroadcasting.net
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Stocks had a strong start Friday but the gains wouldn’t hold, and the market closed lower amid a selloff in the tech and financial sectors.
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Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Gateway Inc., down 21 cents at $1.94. The computer maker turned in a …
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US stocks took a beating overnight as hawkish comments from three Federal Reserve officials highlighted concerns about inflation and rate hikes, with high oil prices also hurting sentiment.
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Wall Street retreated sharply today as investors glumly absorbed a spike in oil prices and comments from two Federal Reserve officials that unexpected economic growth could prompt an interest-rate hike.
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Investors have been waiting impatiently for four years for the high-tech sector to lead Wall Street to new heights, and they’re likely to be cooling their heels for quite some time to come.
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Shares of Fortress Investment Group, the first publicly traded U.S. hedge fund, doubled Friday in a trading debut sure to catch the attention of many players in the $1.3 trillion hedge-fund industry.
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Stocks turned narrowly mixed Friday after Thursday’s pullback made for fertile ground for bargain hunters and left some investors searching for a catalyst that would help stocks resume their advance of the past …
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Stocks rose moderately Friday after Thursday’s pullback left fertile ground for bargain hunters.
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U.S. stocks turned mixed Friday morning, after an inflation warning from a Federal Reserve official dented market sentiment, as investors took in analyst upgrades of Ford Motor and General Motors and tried to …
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Original post by MarketWatch
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