The slick stuff has been on a slide, but "Mad Money" host Jim Cramer has found value in this energy name.» Read More
Stocks eased off their highs in the final minutes of trading, but still finished the first trading day of 2012 with a bang, as Wall Street cheered a handful of better-than-expected economic reports from around the world.
US private construction will post growth this year for the first time since 2005, and will be an important driver of gross domestic product growth and job creation in 2012, according to a report by investment firm AllianceBernstein.
Volumes of Samurai bonds — yen-denominated bonds issued by non-Japanese entities — hit a 15-year high in 2011, and could be 20 percent higher in 2012, a Tokyo-based analyst told CNBC.com.
Futures soared, pointing to a sharply higher open on the first trading day of the New Year as investors were encouraged by a manufacturing report from China.
As the weak economy has trudged on, they have leaned on credit cards to pay for holiday gifts, many bought at discounts. They are dipping into savings to cover spikes in gas, food and rent. They are substituting domestic vacations for international trips, squeezing more life out of their washing machines and refrigerators and switching to alternatives as meat prices have risen. The New York Times reports.
Stocks closed lower in the final trading day of a heavily volatile year. The Dow finished higher for the year, while the S&P erased its gains to close out largely flat.
Futures were little changed on the last session of the year on Friday, with no notable economic data or earnings reports on tap.
What should investors watch in 2012? As the new year dawns, there are plenty of short-term issues on the horizon, ranging from the eurozone to fiscal gridlock in the US to upheavals in the Middle East. The Financial Times reports
Stocks climbed steadily to finish near their best levels Thursday as the euro erased its drop versus the greenback and after a handful of better-than-expected economic data.But volume remained thin in the final week of trading for the year.
CNBC's Jon Fortt reports how Verizon is faring since the company experienced a rough month from outage problems with its 4G LTE network.
Futures held their modest gains Thursday even after a slight increase in weekly unemployment benefits and mixed results from the Italian bond auction.
Stocks finished near their worst levels Wednesday, with the S&P falling into negative territory for the year, as the euro tumbled and investors remained on the sidelines amid what is expected to be a light news week.
U.S. stock index futures pointed to a higher open for Wall Street on Wednesday, after yields in an auction of short-term Italian debt halved, indicated increased investor appetite for the debt.
A senior Iranian official on Tuesday delivered a sharp threat in response to economic sanctions being readied by the United States, saying his country would retaliate against any crackdown by blocking all oil shipments through the Strait of Hormuz, a vital artery for transporting about one-fifth of the world’s oil supply.
Stocks finished flat in a thin, lackluster session Tuesday as investors took a breather following a strong rally in the previous week.
Futures edged lower Tuesday after the S&P/Case-Shiller home price index showed a broad-based decline in the fourth quarter.
Pharmaceutical giants’ profits could take a "double-dip" hit next year from patent expirations on blockbuster drugs and President Barack Obama’s healthcare reforms, according to a report from CreditSights, a credit market research firm.
Wall Street stocks closed higher Friday as the S&P 500 rallied for a fourth straight day and turned positive for the year after a run of better-than-expected economic data.
U.S. stock index futures pared gains Friday after mixed data on U.S. durable goods orders and consumer spending.
Stocks picked up some momentum into the afternoon session, as banks gained more than 2 percent and Wall Street shook off fears of a global economic slowdown.