Stocks ended flat Tuesday as investors took a breather after Monday's blockbuster rally.
The Senate is readying an extension of the so-called Cash for Clunkers program, potentially providing more consumers with another chance to cash in on the popular government program. But does it make sense for you to make use of this program?
Stocks struggled to stay in positive territory for any length of time Tuesday as profit-taking after Monday's blockbuster rally overshadowed a fifth-straight rise in pending-home sales.
The recession has spawned many things, but you wouldn't think trust was one of them. Enter "Recession Ride Taxi," the taxi that lets YOU set the fare!
Stocks bounced back from a lower open Tuesday after a surprisingly sharp jump in pending-home sales.
General Motors, Ford and Chrysler are not the only ones working through wrenching restructurings. Toyota is, as well, though with a much lower profile.
I can still remember the day a few years ago when Alan Mulally, recently installed as the Ford spacer CEO, told me his company was changing the name of the Ford 500 to Taurus. Along a few slight styling tweaks, the idea was to bring the Taurus name back and stoke some recognition with buyers who were writing off the blue oval.
Futures suggested stock would retreat Tuesday after a milestone session on Monday that sent the S&P over 1,000 for the first time since November.
The weekly chart for Nissan shows a powerful trend recovery and a strong rebound from newly created support areas. Is the rebound sustainable or is Nissan merely a 'leaf' blowing in the winds of turmoil facing the auto sector? Let's see what the charts say.
So if you didn't make it to the dealer last week, have you missed your chance for the cash—and are you stuck with your clunker?
Stocks rallied to their highest closes since November Monday following encouraging economic reports from the U.S. and abroad and following news that auto sales got a boost from the "Cash for Clunkers" program.
Ford Motor's sales growth outpaced its rivals from the U.S. and Japan in July, rising 2.3 percent to give the automaker its first year-over-year monthly sales increase since November 2007, thanks in part to the U.S. government "Cash for Clunkers" program.
Stocks rallied Monday after a pair of encouraging reports on the manufacturing sector, plus strong bank earnings out of Europe and expectations for strong auto sales. The S&P briefly topped 1,000, a level it hasn't seen since November.
Stocks got a quick pop at the open Monday after some strong bank earnings out of Europe and expectations that auto sales will show a boost from the "Cash for Clunkers" program. But the rally quickly fizzled.
Stock index futures indicated a strong opening for Wall Street Monday, helped by European markets that hit a broader-index high for the year on better-than-expected bank earnings.
Credit Cash for Clunkers with giving Ford the boost needed to post its first positive monthly sales in 2 years.
The Dow pulled off a modest gain Friday, capping a rocky week — and month.
The recession has hit a trough and we're past the worst month, said David Kelly, chief market strategist at JPMorgan Funds.
Stocks pared gains Friday afternoon as investors worries about the economy after this week's mixed reports.
The House voted to pump $2 billion into a popular cash-for-clunkers program running near empty, with a leading Democrat saying "consumers have spoken with their wallets."