USA TODAY reporter covering everything Wall Street: the stock market's maddening mood swings; pundits' bull and bear rants; and the people that move markets!

China growth fears crush oil and commodities

usatoday.com — Oil prices continued their steep slide Monday, with a barrel of U.S.-produced crude hitting a 52-week low of $47.20 a barrel as investors reacted to the biggest one-day stock selloff in China since 2007 and worries about an oil glut gained steam amid fears of an economic slowdown in China.

Bursting Shanghai stock bubble resembles Nasdaq fall in 2000

americasmarkets.usatoday.com — They say a picture is worth 1,000 words. Well, a stock chart of the plunging Shanghai composite index has an eerie resemblance to the tech-stock plunge of the Nasdaq composite index back in 2000. Bursting stock market bubbles, it appears, all look the same.
Jul 27, 2015

A spooky match btwn the plunging Shanghai index chart and the Nasdaq in the tech bubble blowout of 2000. usat.ly/1fzT74e

Jul 27, 2015

RT @dcallaway: A spooky match btwn the plunging Shanghai index chart and the Nasdaq in the tech bubble blowout of 2000. usat.ly/1fzT74e

Stocks for the long run? Think again!

americasmarkets.usatoday.com — A new poll shows that less than 20% of investors think stocks are the place to park cash not needed for 10 years. Adam Shell of USA TODAY weighs in on the results of the Bankrate.com poll that shows that investors still fear stocks after two big bear markets since 2000 - even though stocks have tripled since the market low in March 2009.

How to avoid getting burned in Apple shares post-earnings

americasmarkets.usatoday.com — Apple, the world's most valuable company, reports earnings after the bell today. The iPhone maker normally tops forecasts and the stock pops at the open of trading the next day. But after that initial gap, one-day gains are tough to come by. Statistics show that Apple beats Wall Street analyst profit projections on a regular basis.

Can Apple juice Dow like Google did Nasdaq?

americasmarkets.usatoday.com — When Apple reports after the market close today, Wall Street will be hoping the iPhone maker can do for the Dow what Internet search giant and advertising powerhouse Google did for the Nasdaq composite this past Friday.

Gold funds tarnished by yellow metal's plunge

usatoday.com — Funds that track gold, normally a haven in hard times, are suffering tough times of their own. And so-called "gold bugs," or folks that invest in gold-focused funds, are feeling the pain as losses mount. The yellow metal has tumbled to a five-year low amid a combination of diminishing investor fears related to foreign headwinds in Greece and China, and stronger growth in the U.S.
Jul 20, 2015

RT @EdmundCMoy: Enjoyed being interviewed on gold today at BloombergTV w/top talent @scarletfu @Alixsteel @OliviaSterns usat.ly/1MDqzBZ via @usatoday

Jul 20, 2015

RT @EdmundCMoy: Enjoyed being interviewed on gold today at BloombergTV w/top talent @scarletfu @Alixsteel @OliviaSterns usat.ly/1MDqzBZ via @usatoday

Gold loses luster, falls to five-year low

wtsp.com — ( USA TODAY) A yellow metal is bleeding red ink. Gold, considered a haven during tough times, stretched its losing skid to six sessions and made a fresh five-year low in early trading Monday.

Gold’s fall in one ugly picture

americasmarkets.usatoday.com — Gold's fall to a fresh five-year low today is illustrated best by a five-year chart (through Friday's close) of the yellow metal. In early trading today, gold sank even further to $1,080 and ounce, its lowest level since February 2010, according to Bloomberg. But some of the steep losses have been pared.

Investor focus: This old, and new, house

americasmarkets.usatoday.com — The housing market, a key foundation to a healthy U.S. economy, will present the Wall Street version of an open house this week. Overall, the economic calendar is light the next five business days, but a slew of home sales data will receive a step-by-step analysis from investors.

Earnings scorecard: Where’s the ‘beats’?

americasmarkets.usatoday.com — It's still early in the second-quarter profit-reporting season, but it's off to a good start. What sectors are powering profits so far? The big "beats" have come from JPMorgan Chase, video streaming service Netflix and search engine and advertising powerhouse Google.
More Articles →
Jul 15, 2015

#Yellen market reaction is a snoozer so far. Dow up 23 pts., was up around 15 pts. at start of Congressional testimony.

Jul 15, 2015

#Yellen says in so many words that rate hike could come at any meeting, & would call press conference if none scheduled to explain rate hike

Jul 15, 2015

#Yellen says 'every (Fed) meeting is a live meeting' when it comes to rate hikes, not just meetings with scheduled press conferences.

Jul 15, 2015

#Yellen says waiting longer to hike 'could' conceivably 'mean we have to raise rates more rapidly,' but reiterates plans for 'gradual' path

Jul 15, 2015

#fund flows mutual fund investors yanked another $2.4 billion out of U.S.-focused stock funds in week ending July 8, ICI data show

Jul 15, 2015

#Yellen: So far, no Q&A questions from lawmakers related to rate hike timetable ....

Jul 15, 2015

#Yellen market react: Dow now up 10 pts, was up 15 pts. at start of prepared testimony. Muted reaction means nothing new so far.

Jul 15, 2015

#Yellen react: Barclays also stands by its call of a September rate hike

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