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.
On the heels of the Napolitano press conference, in which the Homeland Secretary said the Deepwater Horizon spill in the Gulf of Mexico was of "national significance," energy stocks have come off their highs, and several are in negative territory.
No surprises from the Fed — that's putting it mildly. Worries about Greece, and maybe the economy, seems to have neutered the Fed completely. Yes, no change in the "exceptionally low levels of the federal funds rate for an extended period" phrase, but we knew that. Nothing on selling their stash of mortgage-backed securities (MBS) or agency debt, nothing on increasing the rate they pay on reserves. But the biggest disappointment..?
S&P cuts debt of Spain. And traders are already speculating that, since rating agencies tend to move in bunches, Ireland could be next for a downgrade. Here's what an Irish paper, the Independent, had to say about the state of finances in Ireland a few days ago.
The 2-year Greek bond passed a 23 percent yield, which must surely be some kind of selling climax. National Bank of Greece (NBG) is up 10 percent. Meantime, the Greeks are boldly going to the heart of the problem: they have banned short selling of stocks for the next two months.
The S&P 500 has stabilized after Europe closed at 11:30am ET. Two important points about today's trading: First, The CBOE Volatility Index (VIX) was up as much as 20 percent today, its biggest one-day jump in several weeks, to the highest levels since February. And second..?
U.S. stocks weakened today as European indices headed south. Those European indices, which were weak all morning, weakened further about 11am ET, upon hearing that Portugal's long term sovereign credit ratings were lowered by S&P to A- from A+.
International stocks are weaker this morning. Greece stocks are infecting Portugal and Spain (both down more than 2 percent). China's Shanghai Composite Index is down another 2 percent, to the lowest levels since October last year, as they have been tightening rules on property borrowing recently...
The trading community wants to see if trading in increments of a nickel will create more volume and more interest in small cap stocks.
Here's why a single headline on DB is sparking a sector-wide selloff.
Here's how to make money in a low-volatility environment.
Here's what traders are watching as we get closer to the first presidential debate on Monday.
The speculation comes amid a fresh round of criticism the outspoken New York businessman has lobbed at the Fed.
The commodity's prices could quickly dive to $40 or lower if OPEC members leave Algeria on Wednesday without any promise of a deal.
Many on Wall Street agree with Donald Trump's criticism that the Fed waited too long to raise rates.