U.S. stocks rebounded on Wednesday from five straight sessions of losses after strong private sector jobs data and as minutes from the most recent Federal Reserve meeting reassured investors the bank was in no hurry to start raising interest rates.
Tags: Dow Jones Industrial
US and European Stock Slid After Paris Attack; Market Shows Growing Resilience
After a Paris devastating terror attack by Islamic State on Friday night, global market reacted to the event. US and European stock slid slightly, and so are markets in other parts of the world. However, global market resilience have increased to show their strength against terrrorism.
Stocks rally higher as commodity prices rebound
The US stocks closed higher on Tuesday as investors begin to heavily buy shares as commodities producers slowly beginning to balance their output helping its price to rebound.
Federal Reserve Leaves the Interest Rate Unchaged Causing Panic Among Investors
Federal Reserve's announcement to leave the interest rates unchanged sparks a global concern regarding the future outlook of global economic. The Wall Street particularly reacts negatively towards the news as most stocks are trading at a lower price forcing the index to close lower.
Liquidity vacuum: GE suffers most since 1987 Black Monday
In an unprecedented move, the stock price of world's most diversified business conglomerate fell 21 percent on the Wall Street. The shares of General Electric (GE) suffered biggest loss ever since the Black Monday in 1987 eroding the company's value by a whopping $53 billion.
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