Stocks ticked higher to kick off the first trading day of September. Despite less than impressive payroll numbers from ADP, the major averages started the day with strength. According to ADP, private payrolls rose just 374,000 in August, well below the Dow Jones estimate of 600,000. The...
Stocks were little changed this morning to begin the final trading day in August. Major averages are poised for solid gains this month, and the S&P 500 is set to close out its seventh winning month in a row. For the S&P 500, this is the longest...
Trading was muted to start the day as August winds down. It’s been a winning month for the three benchmarks, with two sessions left to go. The S&P 500 has logged 2.6% in monthly gains, the Nasdaq is up 3.1%, and the Dow gained 1.5% for the...
Stocks edged higher this morning in anticipation of remarks from Fed Chair, Jerome Powell. Investors will be looking for signs pointing to when the central banks will begin to cut back its $120 billion monthly emergency bond purchases, possibly this year. Volatility can be expected if there...
Wall Street was cautious this morning as investors await comments from central bank speakers today and tomorrow. Key remarks from Fed Chairman Jerome Powell are slated for Friday. Investors will be tuned in for comments about tapering or timing for interest rate hikes.
Concern...