Clive McDonnell, Head of Equity Strategy at Standard Chartered Bank, says the Fed's primary focus remains on the U.S. economy.» Read More
U.S. stock index futures were narrowly mixed Monday following a sharp rally in the previous session as investors looked for direction in response to new initiatives agreed in Europe, while worries over weakness in China limited gains.
Stocks finished the final trading day of the weak second quarter with a huge bang as Wall Street cheered a surprise agreement by EU leaders to help the region's struggling banks.
The FMHR traders weigh in on how to play the upward surge in the markets today, on the heels of a new plan from the EU. Also, will there be a second-half bounce in banks? Enis Tanner, Risk Reversal.com, has the trade.
U.S. stock index futures jumped Friday after European leaders unexpectedly agreed to take action to bring down Italy and Spain’s borrowing costs and create a single banking supervisory body.
Stocks finished slightly lower Thursday but staged an impressive comeback in the last half-hour of trading following reports that Germany's Angela Merkel has canceled the EU summit's press conference tonight, giving hope to traders that the European leaders are working to form a solution to tackle the ongoing debt crisis.
News Corp. Chairman & CEO Rupert Murdoch speaks with CNBC's David Faber about plans to split the company in two. "The more I think about it, the more I know the split is the right move," says Murdoch.
U.S. stock index futures held their losses Thursday, following the jobless claims and GDP data and amid skepticism that European leaders would overcome their differences to form a solution to tackle the ongoing debt crisis.
Announcements of a housing recovery have become a wrongheaded rite of summer, but after several years of false hopes, evidence is accumulating that the optimists may finally be right the New York Times reports.
Stocks finished higher in relatively thin trading Wednesday, led by the energy sector and following a pair of better-than-expected economic reports, but investors remained cautious ahead of the two-day EU summit later this week.
Gene Munster, Piper Jaffray analyst, says that Facebook will be able to monetize mobile users in 1-3 years, but Brian Wieser, Pivotal Research Group analyst has a "hold" on the stock. Meanwhile Lennar says it sees improvements in pricing and volumes in most markets.
U.S. stock index futures briefly edged higher Wednesday following a better-than-expected durable goods orders report, but quickly erased gains to turn mixed again as investors remained cautious ahead of another EU summit later this week.
Stocks closed a choppy session higher, rallying from a morning dip but closing off the day's highs as a relief rally offered what likely will be little more than a brief respite from the turmoil ratting the market in June.
Goldman Sachs is removing Morgan Stanley from its "conviction buy" list and replacing it with JPMorgan, with the FMHR traders; and Tony Dwyer of Canaccord Genuity, explains why he thinks the S&P 500 is headed to a 20% rally by the end of 2012.
With many cities now preoccupied with other crushing costs — pension obligations, retiree health care, accumulated unpaid bills — a sudden call to honor a long-forgotten bond guarantee can be a bolt from the blue, precipitating a crisis. The New York Times reports.
U.S. stock index futures pointed to a slightly higher open on Wall Street on Tuesday, after a rocky session on Monday saw stocks fall more than 1 percent.
Senator Marco Rubio, (R-FLA) discusses his new book, "An American Son," and the Supreme Court's ruling on the Arizona Immigration Law. "The ideal scenario is for the federal government to finally do its job, secure the border, have an electronic verification system in place, and modernize our legal immigration system so it reflects the 21st Century needs of our country," says Rubio.
Wall Street suffered through another rough day Monday, with stocks dropping more than 1 percent on worries over the effect the European debt crisis would have on the global economy.
The euro has taken another leg lower and investors remained worried about global growth concerns, with the FMHR traders. Meanwhile John Rutledge, Rutledge Capital, says that although China is slowing, it will not see a hard landing.
Stock index futures pointed to a lower open on Wall Street on Monday tracking European shares after Spain officially asked its euro zone partners for financial aid to shore up its beleaguered banking system.
U.S. stock index futures pointed to a slightly higher open on Wall Street on Friday, with stocks set to stage a rebound after falling on Thursday's weak economic data.