A CNBC reporter since 1990, Bob Pisani has covered Wall Street and the stock market for nearly 20 years. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before becoming Stocks Correspondent in 1997.
In addition to covering the global stock market, he also covers initial public offerings (IPOs), exchange-traded funds (ETFs) and financial market structure for CNBC.
In 2013, he won Third Place in the National Headliner Awards in the Business and Consumer Reporting category for his documentary on the diamond business, "The Diamond Rush."
In 2014, Pisani was honored with a Recognition Award from the Market Technicians Association for "steadfast efforts to integrate technical analysis into financial decision making, journalism and reporting."
Prior to joining CNBC, Pisani co-authored "Investing in Land: How to Be a Successful Developer." He and his father taught a course in real estate development at the Wharton School of Business at the University of Pennsylvania from 1987-1992. Pisani learned the real estate business from his father, Ralph Pisani, a retired real estate developer.
Follow Bob Pisani on Twitter @BobPisani.
Stock futures moved in an 11-point range in about 3 minutes on confusion over the April nonfarm payrolls reports (115,000 vs. 168,000 consensus). The March revision — to 154,000 from 120,000 helped assuage the miss ... but is the trend improving or deteriorating? Even traders are confused.
European stocks dropped, the euro rose as European Central Bank chief Mario Draghi spoke. Draghi said that the latest spate of weak economic data highlighted the "prevailing uncertainty."
U.S. futures were dropping all through the early morning as European manufacturing numbers were weak. Italian and Spanish PMI were both below 50, showing continuing contraction. Even Germany came in at 46.2, a tad below expectations and firmly in contraction territory.
The regional manufacturing indexes — including this morning’s Chicago and Dallas figures — have almost without exception been below expectations. If the April ISM, out tomorrow, and the April jobs report, due out Friday, are also below expectations, we will see gross domestic product growth revised downward by many firms.
Aberdeen Asset Management has frozen salaries for high earners after a difficult year for Europe’ s third-largest listed investment company.
The U.S. dollar index hit a one-month low this week after President-elect Trump's big press conference.
Trump's moves could break the economy free of its lethargy or put it into a deep recession, says Jay N. Rollins.