Stocks fell Tuesday amid growing doubts about the economic recovery. But techs and banks rose.
The commodity/dollar trade continues today. Stock futures fell about 4 points pre-open as the dollar firmed and as commodities moved off their highs. Despite the move lower, commodities remain up on the day, rebounding from yesterday’s weakness. Subsequently, commodity stocks are slightly higher today, rising 1 percent-2 percent pre-open.
Investors should stay out of Russia until the fight against corruption and the rule of law improve in that country, William Browder, CEO of Hermitage Capital Management, has been denied entry into Russia since 2006, told CNBC.
Futures indicated a slightly higher open for Wall Street Tuesday as doubts about the sustainability of a global economic recovery dimmed.
French workers normally take off much of the summer, but this month, there is something of a revolution going on here at this former royal chateau roughly 30 miles southeast of Paris. The throngs of tourists will be jostling alongside stonemasons, restoration experts and other artisans paid by the French government’s $37 billion economic stimulus program, the New York Times reported.
Cramer thinks so. And the company could escape Washington’s scalpel. The CEO stopped by to tell us more.
Stocks ended mixed Monday as a dismal jobs report last week and expectations for a gloomy earnings season nagged at the market. But the Dow eked out a gain amid some bargain hunting.
Stocks were under pressure Monday as a dismal jobs report last week and expectations for a gloomy earnings season nagged at the market. But the Dow turned positive as investors took advantage of the selloff and did some bargain hunting.
Russian President Dmitry Medvedev says the summit with President Barack Obama is a "first but very important step" toward revitalizing relations between Russia and the United States.
A bankruptcy judge has ruled that General Motors can sell the bulk of its assets to a new company, but it appears the ruling will be appealed by a Chicago law firm.
I have been warning clients for about two months that the mid-June-mid-October time period is the danger zone for a mood shift, and it looks like we're on schedule.
Stocks briefly pared their losses after a report showed improvement in the service sector.
After the long Independence Day weekend, futures indicated a lower open for Wall Street as second thoughts about the U.S. economy's recovery spooked investors after last week's worse-than-expected nonfarm payrolls numbers.
The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It's the national debt.
Government officials claim the refi plan has been extremely successful, far moreso, they admit, than the modification program. But clearly it wasn't doing enough, or they wouldn't have widened the parameters of elligibility.
When you throw in a short-armed consumer and the massive deleveraging of both households and businesses, an ugly fiscal picture begins to take shape with deficits exploding beyond the already huge projections put forth by the White House.
That's right, your loan can be a full 25 percent more than the current value of your home, and Fannie and Freddie will gladly buy and/or back your new refi.
Insurance on $300 million worth of paintings by Mark Rothko and Alberto Giacometti can get pretty expensive. Just ask Ezra Merkin, the disgraced financier who is fighting civil charges from N.Y. Attorney General Andrew Cuomo.
The recovery in general is spotty. I believe it is underway, but "less-bad" news is losing its ability to inspire stock-buyers. The recession is over, in my mind, but the nature of the recovery is still to be determined.
Markets are beginning the week on a positive note amid very light volume ahead of the long holiday weekend.