Shire

U.S. markets were little changed to start the week as equities took a back seat following a bearish oil call at Goldman Sachs. Analysts at Goldman Sachs placed a $75-per-barrel target on crude oil, noting that supply will outpace demand in the coming year. The National Association of Realtors...

U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...

U.S. stocks tumbled further on Wednesday and recovered significantly from intraday lows in a day of heavily volatility. The Dow traded lower by more than 450 points, dipping below 16,000 levels the index hasn't seen since February. The index recovered most of the losses but still closed the...

Oil prices plunged on Tuesday, posting the largest one-day decline in about two years. The sharp fall was due in large part to the International Energy Agency’s decision to trim its global demand growth forecast for this year and the next amid a growing supply glut. Though demand is...

U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...

U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...

On Monday, Citigroup settled the U.S. government’s probe into whether or not the firm misled investors and sold them faulty mortgages in the time leading up to the financial crisis. The lender agreed to pay $7 billion in fines, which includes a $4 billion penalty, $2.5 million in consumer...

U.S. stocks rose as earning season unofficially kicked off with Citigroup reporting better than expected earnings. The Dow Jones Industrial average set new intra-day records, hitting an all time high of 17,088.43 as investors appear to be comfortable with holding blue chips instead of...

Germany was crowned the world champion on Sunday night after defeating Argentina by one goal in extra time. The nation’s victory was its fourth in World Cup history marks the first time any European team was able to win playing in the Americas giving the entire continent something to...

U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...

U.S. stocks sold off hard with momentum stocks seeing larger losses with names like Twitter, Facebook, FireEye and others under-performed major indices significantly. The Fed's richmond President Jeffrey Lacker commented that U.S. inflation has bottomed and is moving towards its target...

U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...

U.S. stocks were slightly higher as the Dow and S&P 500 indices continue hitting new all-time highs following positive comments from the Fed's Chief Janet Yellen earlier this week. The Dow continues to flirt with the 17,000 mark and hit a historical intra-day high of 16,978.0 Friday...

The crisis in Iraq continued to escalate this week, with militants from the Islamic State of Iraq and al-Sham, or ISIS, surrounding the nation's largest oilfield and threatening to completely dismember the country. Amid calls from the Iraqi government for a US airstrike, the Obama...