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.
Stocks inched up after the open Thursday, as the third estimate for Q2 GDP came in at 1.7 percent, slightly higher than consensus. Initial jobless claims for the week were also slightly better than expected. September: stocks and commodities rose, dollar hits lows for the year.
Tepper is bullish on stocks and feel the risk reward is on the upside. Why? Because the Fed is your friend. Quantitative easing (QE) is going to trigger a move out of bonds and into stocks. But a number of traders say this is exactly the problem.
The S&P futures had moved a bit higher at 8:30am ET, as durable goods ex-transportation came in higher than expected (up 2 percent vs. 0.6 percent expected); headline durable goods was also a tad better than expected. Also, the prior month's 0.3% gain was revised, upward, now showing a 0.7% increase.
Based on the "body language" of government officials, traders assembled for the Securities Traders Association annual meeting in Washington are concluding that the Flash Crash Report is unlikely to include a long list of items that need to be changed immediately.
Will the Fed acknowledge the summer slowdown in its FOMC statement today (Tuesday)? Most traders think there is no way the Fed will announce a new round of quantitative easing today, but there should be more pessimistic language on growth, and some statement, similar to what Bernanke made at Jackson Hole.
While most point to a strong technical move as the primary mover this morning (the market moved when the S&P 500 passed Friday's high of 1131 to break out of its trading range to a 4-month high), the NBER announcement, which came out at 10:23am ET — as the market was heading up — may have been a help.
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.