Dollar Soars, Stocks Fizzle as ECB Takes Action - Presented by: The Aol. On Network

Europe pulls out the bazooka to fight deflation and Wall Street likes what it hears. But the positive reaction was short-lived with stocks erasing all gains after touching record highs early in the session. A strong dollar may be one reason. The greenback jumped to a 14-month high against the euro after European Central Bank President Mario Draghi announced a cut in interest rates and a bond-buying program to start next month.



Related Videos

Most Popular Videos

Latest Videos

Cheer Me Up
Cheer Me Up                         
Spot
Spot                                

Most Active by Volume

Company Last Sale Change Net / %
BAC $ 16.11 0.18 ▲ 1.13%
AAPL $ 128.95 3.80 ▲ 3.04%
AA $ 14.15 0.73 ▲ 5.44%
CHK $ 16.54 0.77 ▲ 4.88%
TWTR $ 37.84 1.12 ▼ 2.87%
MSFT $ 48.655 0.02 ▲ 0.03%
NOK $ 6.50 0.08 ▼ 1.22%
VALE $ 8.07 0.39 ▲ 5.08%

As of 5/1/2015, 04:15 PM