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, already, down 9 points, dropped an additional 10 points as nonfarm payrolls came in at zero job gains, below expecations of a gain of 70,000. This will increase the confidence of the crowd that argues we are heading into another recession—specifically that third-quarter gross domestic product will go negative.
After a short rally on the good news of a stronger ISM, stocks have drifted lower all day — many citing the decreased odds of QE3 (quantitative easing). Again, this kind of speculation creates distortions in markets; that's one of the key problems with QE3.
The U.S. August ISM figure is out at 10 a.m. Consensus is about 48, anything below 50 indicates contraction. Watch what happens if the figure is weaker than consensus—say, 44 or below. If the market rises, that's a sign of gaming the Fed—traders expecting another round of quantitative easing.
Stocks hold onto gains going into the end of trading.
The drop in crude prices could be a huge drag on energy earnings for the rest of the year.
Plenty of trading tax proposals have been floated around by politicians, but how effective would they really be?
GM's blowout report today just gave a big boost to quarterly estimates.
Complaint and interviews with ex-employees of the world’s largest hedge fund describe an atmosphere of surveillance that silences those who don’t fit.
A venture capital fund seeded by Steve Cohen is putting as much as $250 million into the start-up Quantopian.
Third Point believes there's a parallel between investing in the current tumult and the intrigue surrounding the program.