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Stocks were mixed after a handful of positive economic reports, including a slightly better-than-expected gain in industrial production, and a slightly better-than-expected report on consumer price inflation. Caterpillar and Bank of America rose, while Alcoa fell.
U.S. stock index futures remained lower and largely unchanged despite a slightly better-than-expected report on consumer price inflation and better-than-expected news from a regional manufacturing survey.
Wells Fargo has broken with other big banks by urging US regulators to require mortgage lenders to retain more of the loans they originate, rather than selling them to investors, a practice that helped to fuel the housing bubble, reports the Financial Times.
Stocks closed off session highs, yet the Dow still hit its highest level since before Lehman Brothers collapsed as Treasury yields soared in the wake of the Federal Reserve's reaffirmation of its decision to buy bonds to stimulate the economy. AT&T and Kraft rose, while JPMorgan fell.
Stocks trimmed some gains but remained mostly higher Tuesday after the Federal Reserve reaffirmed its decision to buy bonds to stimulate the economy and left short-term interest rates unchanged. Kraft and Microsoft rose, while JPMorgan fell.
Stocks continued to trade higher Tuesday after a handful of mostly strong economic reports, and despite weak earnings from leading electronics retailer Best Buy, as investors await news from the Federal Reserve's meeting this afternoon. Boeing and Cisco rose, while JPMorgan fell.
Stock index futures rose slightly after news that retail sales were stronger than expected in November, and inflation was in line with expectations. Earlier futures had slipped after disappointing news from leading electronics retailer Best Buy dampened enthusiasm for the holiday shopping season.
Stocks trimmed gains and turned mixed amid light volume Monday as retailers, and technology stocks slipped amid a market generally gaining support from M&A activity and as the market awaited word out of Washington on extending the Bush-era tax cuts. Caterpillar and Chevron rose, while HP fell.
Stocks turned mixed Monday as retailers were among the few sectors to struggle amid a market generally gaining support from M&A activity as well as the lack of an expected interest rate hike in China. Caterpillar and Walt Disney rose, while Intel fell.
Stocks traded modestly higher as deal activity lifted investor sentiment, and as the market awaited the expected approval of Bush-era tax cuts. Caterpillar and Disney fell, while HP rose. hr<!-- -->
Christmas 2010 could turn out to be the merriest since the recession began, with the exclusive CNBC All-America Economic Survey finding Americans somewhat more optimistic but real optimism remains elusive.
U.S. stock index futures made slight gains ahead of the open Monday as investors drove up the yield of 10-year Treasurys to a six-month peak ahead of the expected approval of Bush-era tax cuts.
Credit card offers are surging again after a three-year slowdown, as banks seek to revive a business that brought them huge profits before the financial crisis wrecked the credit scores of so many Americans, the New York Times reports.
Stocks ended the week higher despite lack of progress on a tax bill as investors looked to positive economic and corporate news. GE and Pfizer rose, while Kraft and Boeing fell.
Stocks gained Friday following a handful of positive economic news and after GE boosted its quarterly dividend for the second time this year. GE and Pfizer rose, while Kraft and Boeing fell.
Stocks gained after General Electric boosted its quarterly dividend. Stocks had been fluctuating in a narrow range Friday despite a better-than-expected reading of consumer confidence, and a narrowing of the U.S. trade deficit in October.
Today, China, Canada and the US all released their monthly trade data and there were some surprises.
U.S. stock index futures eased gains ahead of the open Friday after the U.S. trade deficit narrowed more than expected in October as investors focused on slowing U.S. demand.
Stocks trimmed losses to end narrowly mixed Thursday as Treasury prices firmed and the dollar stabilized. McDonald's and DuPont fell, while BofA rose.
Stocks eased losses ahead of the close Thursday as Treasury prices firmed, but gains were limited by a stronger U.S. dollar. DuPont and McDonald's fell, while BofA rose.