Federal regulators said Friday an algorithm caused the notorious Flash Crash of May 6 when an automated trading system selling futures contracts on the S&P 500 ($INX) triggered a cascade of selling throughout the broader market…
Despite the last day’s profit-taking slippage, it was a September to remember for stocks, especially after their gruesome performance in August. It’s all the more noteworthy because September is hardly a highlight month histori…
The strength of the market surge depends on economic news — particularly unemployment data. Consumer confidence, personal consumption and GDP are three other big items on this week’s calendar.
Continue reading…
Stocks closed mixed with little change on Tuesday after the Federal Reserve stood pat on interest rates and warned that falling prices are becoming a bigger concern. Tuesday’s meeting did little to give equities direction after…
Stocks closed ever-so-slightly higher Friday as traders weighed some better-than-expected earnings news and inflation data against slumping consumer sentiment.
Continue reading Dow Ends Strong Week With Wee Gai…