Stocks dropped after statements made by the U.S. Federal Reserve provided now news of possible stimulus packages in the near future and said the economy is expanding moderately.
Stocks took a major dive today as investors became fearful of growing uncertainty in Europe and increased volatility in the market. All sectors closed fell lower.
Wall Street walked a tight rope between gains and losses today until a late report on the European debt crisis derailed at support bulls had for the day.
Wall Street opened the shortened week on a low note today as investors are increasingly worried that the Super Committee has failed to reach decisions on vital budget cuts.
Wall Street closed out a week of strong gains as investors peg hopes on a resolution in Europe and earnings season continues to produce favorable results.
Wall Street was on fire today, with stocks reaching new highs as hope for an EU resolution and economic data showed promise for bulls. Financials led with an almost 6 percent jump.
Stocks failed to carry through October's solid gains as Wall Street fell deep into the red on Halloween to close the month. Investors look to push momentum into November.