Market Wrap

The U.S. stock market recorded small losses on Wednesday as investor uncertainty over the Fed's timeline for tapering its quantitative easing program continued to weigh on sentiment. The U.S. Dollar also was lower on the day along with crude oil. Precious metals rose slightly on the session while...

Comments from Federal Reserve Bank of Chicago President Charles Evans spooked the market on Tuesday and re-introduced the idea that the central bank could begin tapering its bond-buying program in September. Speaking to reporters, Evans said that “I would clearly not rule” out the possibility...

The U.S. stock market enjoyed moderate growth on Friday after on strong global economic data and decent job figures.Major Averages The Dow Jones Industrial Average rose 30.34 points, or 0.19 percent, to close at 15,658.36. The S&P 500 added 2.80 points, or .16 percent, to finish at 1,709.67...

The U.S. stock market closed mixed on Wednesday despite upbeat economic data and a dovish FOMC statement. The advanced GDP estimate for the second-quarter came in much better than expected and the central bank showed no signs that a pullback in its quantitative easing program is imminent....

The U.S. stock market closed near the unchanged line on Tuesday as earnings season continued with another full-slate of corporate results. Most of the day's gains were concentrated in Nasdaq stocks, as the technology sector led that market higher. Energy, basic materials and financials were the...

U.S. stocks traded lower on Monday, although the losses were fairly modest. The lone economic report on the day's docket was pending home sales for June, which came in better than expected. Treasury prices were lower on the day while the U.S. Dollar was largely unchanged. Investors will...

The U.S. stock market recovered from early losses and the major averages managed to close with very small gains after grinding higher throughout the afternoon on Friday. Wall Street's attention has primarily been focused on corporate earnings reports this week amid a light docket of economic...

The U.S. stock market continued to show strength on Thursday, although most of the session gains were concentrated on the Nasdaq. All three of the major averages closed higher as investors continue to focus on corporate earnings reports, which have by and large been good. One of the major stories...

Despite a report which showed that new home sales in the U.S. are at a 5-Year high, the stock market was largely lower on Wednesday. The losses, however, were modest and the Nasdaq actually finished slightly positive on the day. Investors dumped commodities and U.S. Treasuries on the session...

The stock market meandered for much of Tuesday's trading session and some late-day selling sent the S&P 500 and Nasdaq out with losses. The Dow Jones Industrial Average, however, posted a small gain. Energy prices continued to rise on the day and gold followed up on Monday's big gains with...

The U.S. stock market rose slightly to start the trading week on Monday. The lone economic report on the day's docket was existing home sales, which came in below expectations. In other markets, precious metals soared while the U.S. Dollar fell. Long-term Treasury prices were largely unchanged on...

The U.S. stock market was largely higher on Thursday despite mixed economic data. Strength was seen in financials, utilities, energy and industrials, while technology shares lagged. On the economic front, the Philadelphia Fed Index was particularly strong in July, but the Conference Board's Index...

Comments made by Fed Chairman Ben Bernanke on Wednesday in congressional testimony helped keep the stock market afloat during the day's trading session. The Fed Chief emphasized that the central bank will adjust its bond-buying program based on the performance of the economy and emphasized the...

The U.S. stock market rose again in a quite trading session on Monday. Volatility was limited on the day as investors gear up for earnings season. Citigroup (NYSE: C) shares rose around 2 percent after the company released its quarterly results prior to the opening bell. Although the gains were...

The stock market soared on Thursday after Fed Chairman Ben Bernanke said on Wednesday that monetary policy would remain accomodative for "the foreseeable future." This helped to stem concerns that the central bank was on the verge of turning more hawkish on the monetary policy front. The market...