Banco Popular de Puerto Rico

"This has caught a lot of people off guard. We're all very surprised," said Karl Goody, a private wealth manager at Shaw and Partners.

Officials might wait to get a sense of the fallout before making a decision on rate increases.

The gains in the blue-chip index happened the same day the Nasdaq 100 saw its biggest decline since September, their biggest divergence since the Internet bubble burst.

While it’s early in the process, a number of names are being floated as possible contenders.

Advisers are betting that the president-elect’s promised tax cuts will come as early as next year, and they’re telling wealthy clients to move now to make the most of it.

The Fed chairwoman warned of the risks attached to waiting too long before raising rates.

Nunag will oversee client relationships, product development, marketing and sales in the New York City area.

The major U.S. equity benchmarks rallied together to their all-time peaks for the first time since 1999.

Edward "Ned" Johnson, 86, is retiring and will become chairman emeritus.

Stocks added to gains that pushed four major equity benchmarks to simultaneous records for the first time since 1999.