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Dow Jones industrial average tops 26,000 for the first time

Markets Insider The Dow Jones industrial average topped 26,000 in early trading on Tuesday as the fourth-quarter reporting season got into full swing.  Investors expect strong earnings, supported by corporate tax cuts and global economic growth.  This marks the index’s fastest 1,000-point rise; as the index climbs, this milestone requires …

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Stock market news today January 16

Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox. Citigroup released fourth-quarter results Tuesday, beating the expectations of Wall Street analysts with adjusted earnings of $1.28 a share. Analysts were expecting …

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Goldman Sachs’ vaunted commodities-trading team got butchered in 2017

Goldman Sachs Group, Inc. Chairman and Chief Executive Officer Lloyd Blankfein participates in a panel discussion during the White House Summit on Working Families in Washington June 23, 2014.Jonathan Ernst/Reuters Goldman Sachs’ commodities-trading department in 2017 suffered the worst performance in the bank’s history as a public company, according to …

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