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Stocks pared losses, though remained in the red as crude oil continued to pressure Wall Street. Crude fell below $49 after OPEC failed to agree on a production cap. Apple weighed on the Dow after Goldman cut its price target and reduced full-year earnings estimates. The firm blamed weaker growth forecasts for the smartphone industry. Apple recently reported its first quarterly decline in iPhone sales. Joy Global slipped after reporting a double-digit percentage decline in quarterly revenue. A drop in demand and activity in the U.S. coal industry hurt the mining-equipment company. Bank of America downgraded oil giant Exxon Mobil to NEUTRAL from BUY. The firm said the move was a valuation call based on a $96 price target.

It was a brutal end of the day for Wall Street as indexes closed at session lows on Thursday. The Dow Jones Industrial Average briefly fell more than 400 points, while the Nasdaq entered a correction after falling more than 10 percent from its 52-week high set in July. New worries over China's economy sparked a fresh wave of selling this afternoon. Reports that China's central bank could devalue its currency further and faster stoked fears over the state of the world's second-largest economy. A 7 percent slump on the Shanghai Composite filtered through to U.S.-listed shares of Chinese companies. Among the worst performers, Chinese e-commerce site Alibaba (BABA) tumbled more than 5 percent to trade at its lowest level since October. TheStreet's Keris Lahiff reports from Wall Street.

U.S. stocks tumbled at the open on Wednesday, following a worrisome hydrogen bomb test in North Korea. Meanwhile, encouraging labor market data was released from ADP, showing the economy added 257,000 jobs in the private sector in December, ahead of expectations. The government's December jobs report is released Friday. 'We often say that the ADP is kind of a benchmark for the jobs report and the non-farm payrolls at the end of the week, but it doesn't necessarily ever work out that way,’ said James Hughes, chief market strategist at GKFX, based in London. Economists expect non-farm payrolls to rise by 200,000. Shares of Apple (AAPL) were in focus this morning as investors worry about how much room for growth its iPhone has left. Reports suggest Apple is looking to build fewer iPhones. Agriculture company Monsanto (MON) posted first quarter results this morning. On the bottom line, Monsanto reported an adjusted net loss of $0.11 a share, while analysts were expecting a deeper loss of $0.22 a share. Revenue fell 23 percent, missing expectations on lower demand of its corn seeds. TheStreet’s Scott Gamm reports from Wall Street.

What a way to ring in the New Year. U.S. stocks opened sharply lower on the first trading day of the year as a selloff in China stocks fanned fears of slower global growth. China's benchmark Shanghai Composite index fell 7 percent on Monday. The declines were so deep, circuit breakers kicked in to halt trading. Fresh manufacturing data showed further declines in China's manufacturing sector. Meanwhile back in the U.S., General Motors (GM) announced a $500 million investment in car service app Lyft, a smaller competitor to Uber. The new investment now values Lyft at $4.5 billion, a drop in the bucket compared to Uber's $62.5 billion valuation. Tesla (TSLA) shares were lower after the company said it delivered 17,400 vehicles during fourth quarter. While that's up from the nearly 12,000 sold during third quarter, it was at the low end of its guidance, which ranged from 17,000 to 19,000. Finally, it was another blockbuster weekend for Disney's (DIS) latest hit ‘Star Wars: The Force Awakens’ as the film topped the box office in North America for the third weekend in a row. TheStreet’s Scott Gamm has details from Wall Street.

U.S. stocks opened lower as oil prices slid again on the final trading day of 2015. This is a make or break session for the S&P 500 which is up 0.2 percent for the year as of Wednesday's close. If the Dow Jones Industrial Average and S&P 500 both close lower for the year, it will be the first down year since the dark days of 2008. The NASDAQ is set to close up 7 percent. Energy stocks have been the biggest drag on stocks this year and in fact, oil prices continue their slide into the final trading days of 2015. Interestingly, despite all the volatility in Chinese markets this year the Shanghai Stock Index closed the year up 9.5 percent That's the second annual advance for the Shanghai Composite, and comes after government intervention to end a $5 trillion summer rout helped stabilize the world’s second-largest equity market.

U.S. stocks opened mixed on Thursday, a shortened trading session in observance of Christmas Eve. Weekly jobless claims fell 5,000 to 267,000 over the last week, according to the Bureau of Labor Statistics Though the four-week average rose slightly. Meanwhile, oil prices showed signs of strength with West Texas Intermediate inching closer to $38 handle, trading at $37.75 a barrel. This as the government said on Wednesday that crude inventories dropped last week by 5.9 million barrels, while analysts were expecting a rise of 4.8 million. Plus, shares of renewable energy company SunEdison (SUNE) were in focus this morning, saying it's in talks to scoop up some $650 million in new financing, according to a regulatory filing, in an effort to pay existing debts. Finally, Norfolk Southern (NSC) rejected Canadian Pacific Railway’s (CP) takeover bid of about $31 billion, saying the offer was 'grossly inadequate.' The markets are closed for Christmas on Friday. TheStreet’s Scott Gamm has details from New York.

Nike (NKE) just did it. The sports retailer scores another big quarter after it delivered quarterly earnings that sprinted past estimates. The fitness giant posted fiscal 2nd quarter earnings of 90 cents per share, up from 74 cents a share a year earlier. Every geography saw double digit revenue growth in the quarter. Bed, Bath & Beyond (BBBY) is feeling the heat from online shopping. It lowered its quarterly guidance, citing lower than expected sales. The company, like other brick and mortar retailers, is facing intense competition from online retailers like Amazon (AMZN). Meanwhile, the world's most famous band will finally be available on streaming music services starting Christmas eve. The Beatles have confirmed the Fab Four's music will be on all of the obvious music services, including Spotify, Apple Music, Google Play, and Tidal.

Stocks headed into the weekend in the red but are taking home big gains for the week. The Dow Jones Industrial gave up more than 100 points in the last hour of trading on Greece concerns. The country's new government is facing a deadlock with the ECB regading its bailout program. The S&P also downgraded its rating on Greece. Traders initially welcomed the stronger jobs report showing the U.S. added 257,000 jobs in January. But the excitement fizzled on worries of a potential sooner than later increase in rates. Shares of financials soared on the idea with JPMorgan (JPM) and Goldman Sachs (GS) gaining in the session. But Verizon (VZ) was the blue chips' best performer. Shares spiked 3% on the company agreeing to sell its landline and internet businesses. Crude oil added to gains. For the week, futures are up more than 7%.

U.S. markets were in the green at midday Friday after struggling to find their footing at the open. Initial cheers over the strong jobs report were muted by worries the Fed would raise rates sooner than later. Financials were spiking on the potential early rate increase. JPMorgan (JPM) was the blue chips' best performer. Bank of America (BAC) and Citigroup (C) were also posting impressive gains. Shares of GoPro sank after warning its current quarter will be weaker than Wall Street's expectations. Earnings results pushed internet stocks to make big moves. LinkedIn (LNKD) and Twitter (TWTR) were trading significantly to the upside after beating estimates. On the flip side, Pandora (P) is plummeting sharply after missing its fourth quarter on both the top and bottom lines.

Wall Street gave up gains after cheering the better-than-expected Jobs Report at Friday's opening bell. The Labor Department said 257,000 jobs were added in January, more than the expected 230,000. The unemployment rate, however edged higher and is now at 5.7%, up from 5.6%. RadioShack's much expected bankruptcy is now a reality. The electronics retailer has a deal in place for Sprint (S) to takeover up to 1,750 of its stores. Twitter (TWTR) started the trading sharply higher after beating earnings and revenue estimates. The social microblogging site did post disappointing user growth and said Apple's (AAPL) new software rollout was to blame.

U.S. stocks are now positive for this year at Thursday's closing bell. All the major markets ended up more than 1% with the Dow Jones Industrial rising 211 points. The equities market followed oil's recovering. Crude prices settled above $50 dollars a barrel with gains of better than 4%. M&A activity boosted investor sentiment. Pfizer (PFE) rose about 3% on news it will buy Hospira (HSP) in a huge deal. DuPont (DD) also led the blue chips' gains. The stock rose after being halted on news it appointed two new directors. The board's revamp comes as the chemicals company faces pressure to break itself up from activist investors.

Stocks rallied in midday trading Thursday, boosted by rising oil prices and calming worries over Greece as deals news takes center stage. Pfizer (PFE) is buying injectable drugs maker Hospira (HSP) for nearly $17 billion. Both shares are higher with Hospira, the big gainer up 35%. Another deal that may be brewing is in the telecom space. The Wall Street Journal is reporting Verizon (VZ) is close to selling wireline assets to Frontier Communications (FTR) for about $10 billion. But shares of Michael Kors (KORS) are dropping despite beating earnings expectations. Investors didn't like the retailer's disappointing outlook for the current quarter.

Stocks moved higher at Thursday's opening bell as the focus shifts away from worries in Greece to domestic earnings and economic data. Before the bell, investors were greeted with a mixed bag of data. Weekly jobless claims came in stronger than expectations at 278,000 but productivity fell more than estimated in the fourth quarter, shrinking by 1.8% rather than rising by 0.1%. You may want to be even more careful when you tweet. Twitter (TWTR) has reached a deal with Google (GOOG) to make tweets more searchable online. It is an end of an era at the CME (CME). The company said it will close most of its trading pits in favor of electronic trading.

Oil is at 49 dollars a barrel this morning on news of record US crude supplies. A preview of the January jobs report. Sprint turns in earnings before the bell and Twitter tells us about its fourth quarter after the market close. Tomorrow marks the release of the January jobs report. Its expected that economy added 234,000 jobs, down from the December number and the unemployment rate is seen unchanged at 5.6 percent. Yesterday, we learned that private employers added 213,000 jobs in January, falling short of the median forecasts of analysts, a payrolls processor report showed on Wednesday. Sprint is expected to turn in earnings before the bell today. The telecom giant is expected to see earnings of 24 cents a share. Sprint has been quite vocal in attacking its rivals and luring new subscribers with the offer of a cheaper bill. Sprint made headlines this week after we learned that it was in talks to buy some RadioShack stores if and when it files for bankruptcy. After the bell, Twitter reports fourth quarter earnings. The microblogging site is expected to to generate earnings of 6 cents per share and revenue of $453.4 million for the quarter. Twitter shares were higher this week on news of promoted tweets, appearing on third party sites such as Flipboard. This will help Twitter—which has come under scrutiny recently for sluggish user growth—to glean more revenue.

Another wild day on Wall Street Wednesday with the Dow Jones Industrial spiking 100 points in the last half-hour of trading to give it up on news the European Central Bank will no longer accept Greek bonds as collateral for loans. The Dow closed flat but managed to squeeze out a small gain. The S&P 500 and Nasdaq finished with losses. Crude oil, once again led the markets but this time to the downside. Oil prices sank almost 9% to settle below the $50 mark. Exxon Mobil (XOM) and Chevron (CVX) closed lower. But airlines including United Continental (UAL), American (AAL) and Southwest (LUV) soared on tanking oil prices. Disney (DIS) can be credited for the Dow closing in the green. Shares jumped nearly 8% after a spectacular earnings report.