While you were sleeping: Wall St regroups
By Margreet Dietz March 29 (BusinessDesk) - Wall Street rose, stemming an eight-day drop in the Dow, as US consumer confidence climbed to the highest level in 16 years, while oil also gained. A Conference Board report showed its consumer confidence index unexpectedly rallie...
While you were sleeping: Wall St falls
By Margreet Dietz March 28 (BusinessDesk) - Wall Street declined as investors digested the implications of the Trump administration’s decision to cancel a vote on health-care reform because of a lack of support. US Treasuries gained, sending yields on the 10-year note six...
While you were sleeping: Nike stock drops
By Margreet Dietz March 23 (BusinessDesk) - Wall Street was mixed as a decline in Nike shares offset a gain in stocks of Microsoft and Apple. Investors were also cautious ahead of Thursday’s vote in the House of Representatives on a Republican health-care bill. “Even the...
While you were sleeping: Nasdaq touches record
By Margreet Dietz March 21 (BusinessDesk) - Wall Street moved lower, after the Nasdaq touched a record high earlier in the day, as investors looked for fresh guidance on interest rate hikes from a slew of Federal Reserve policy makers speaking this week. Shares of Apple cl...