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 2017, Pisani was honored with a Lifetime Achievement Award from the Security Traders Association of New York for "dedication to the Association and the Industry."
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.
We need a bigger check. Spain is paying a higher yield on its bonds after a series of three-year and four-year auctions. Spain's Ibex stock market is poised to close at a nine-year low; its 10-year bond is yielding 6.35 percent, the highest since November. European banks are down two to five percent. This is almost every day now.
Ugh! Even if the U.S. markets are holding up better than Europe, it's still awful: the Dow ended down 10 out of 12 days. That is an ugly start to May. Gold collapsing, crude collapsing, Treasurys keep rallying — everything is saying risk is very high.
April housing starts, at 717,000, hit their highest level since October 2008. But don't kid yourself: the market is still on notice. Any headline could reverse things...quickly, says CNBC's Bob Pisani.
JCPenney was hit with a double whammy today: not only were earnings a huge disappointment after the close, but their competitors are gaining on them.
The overall economic data was okay today: CPI was in-line, Retail Sales were in-line, Empire State index was big upside (but the outlook was weak). And perhaps most importantly, the NAHB Housing Market Index was well above expectations. Sales, traffic, and future prospects were all better.
The "Squawk on the Street" news team report the major European averages fell about 2% on Greek and Spanish worries and its impact on U.S. markets, with CNBC's Bob Pisani. Also, CNBC's Capital Markets editor, Gary Kaminsky has the update on Yahoo's CEO's exit, Chesapeake Energy and China.
Banks fees have been pushed up in recent years and there doesn't appear to be a limit.
Beyond just trading of stocks and bonds, another growth engine is emerging.
There are pockets of the market that are arguably overvalued, but the S&P itself is only modestly stretched.
Beyond Blue Apron, Amazon could pose a threat to future IPOs and bring down retail valuations in a big way.
Berenberg says Wells Fargo will report earnings next year below Wall Street expectations due to "weak demand for credit."
U.S. crude prices fell more than 1 percent Friday after a report said supply from OPEC will rise.
The agenda released by the Trump administration signaled the government has halted its work on restricting Wall Street bonuses and other pay incentives.