The IEA, which advises major consuming nations on energy policy, said North American oil supply growth was "relentless."» Read More
Stocks sank despite a reading on consumer sentiment that was better-than-expected, and after the government reported a gain in gross domestic product for the fourth quarter of 2010, as traders feared the outcome of the escalating protests in Egypt. Microsoft and Home Depot fell, while Coca-Cola rose.
Stock index futures traded flat to mixed Friday on a gain in gross domestic product for the fourth quarter of 2010, even though the 3.2 percent increase missed analyst expectations.
Stocks ended up slightly as the major indices failed to close above significant benchmarks soon after Microsoft, in a surprise move, released earnings before the bell. GE and Home Depot rose, while P&G fell.
Stocks fell back after trading above significant benchmarks just before the close amid mixed economic and earnings news and light trading as the Northeast dug out from another major snowstorm. GE and United Technologies rose, while P&G fell.
Stocks turned slightly positive in the wake of both positive and negative economic and earnings news, after the major indices hit psychologically important benchmarks earlier in the session.
Stock index futures traded essentially flat after an unexpected surge in jobless claims took the wind out of the market, which had risen higher after Caterpillar easily beat both profit and revenue expectations.
Stocks closed modestly higher, but the Dow lost ground in the final minutes of trading to close below 12,000 after rising above and below that level much of the session. DuPont and Alcoa rose, while Boeing fell.
Stock index futures pointed to a higher open on Wednesday as investors gear up for the Federal Reserve’s policy statement and turn more bullish on remarks made by President Obama in his State of the Union address.
Business responses to President Obama’s State of the Union address reflected praise for his rhetorical commitment to “winning the future” and his support for innovation, education and infrastructure, while raising concerns about the details of his policy proposals, reports the Financial Times.
Stocks trimmed losses in the final hour of trading to end flat amid mixed earnings and economic news, and ahead of the President's State of the Union speech tonight. AmEx and Bank of America fell, while Wal-Mart rose.
Stocks trimmed losses but remained down as technology stocks turned around following a handful of weak earnings reports from major Dow components and on the heels of mixed economic news, and ahead of the President's State of the Union speech tonight.
Stocks slumped modestly despite an unexpected jump in consumer confidence, and amid a slew of big earnings releases, a day after the Dow reached new highs.
Stock index futures pointed to a weaker open on Tuesday as another raft of heavyweight earnings took center stage, with Dow components DuPont, Travelers and Verizon in focus before the opening bell.
Stocks closed higher with the Dow finishing 20 points shy of 12,000 on the strength of materials and tech stocks and as investors awaited a handful of major earnings later this week. Alcoa and IBM rose, while BofA fell.
Stocks trimmed gains, but remained significantly higher, as techs and materials lifted the market as investors awaited a handful of major earnings from the sector later this week. Alcoa and IBM rose, while BofA fell.
Click to see what American consumers continued to put in their shopping carts even as the economy faltered.
After decades of boom to bust behavior, economies from Mexico to Brazil are looking dynamic, diverse and durable, helped by a wealth of natural resources and a good measure of fiscal discipline.
Stocks extended modest gains as tech stocks rose and lifted the Nasdaq for the first time in several sessions. Alcoa and IBM rose, while BofA fell.
U.S. stock futures traded flat to slightly higher at the start of a week featuring dozens of major earnings reports, as well as a Federal Reserve statement and a slew of macroeconomic data.
J.C. Penney plans to give board seats to the hedge fund Pershing Square Capital Management and Vornado Realty Trust, months after the two investors purchased big stakes in the retailer, people with direct knowledge of the matter told DealBook on Sunday, the New York Times reports.