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Asian markets were hit hard again on Thursday as gloom about the global economy deepened, sending oil to a 22-month low of $55 a barrel and gold near the $710-an-ounce level. But CNBC's experts believe these precious commodities could climb in the long term.
Asian markets closed lower on Wednesday as poor corporate earnings highlighted the damage on companies and consumers from the global economic slowdown. CNBC's experts believe the turmoil is far from over.
More gloomy economic news heightened fears of a deep-set global recession and weighed on global stocks Tuesday. As a result, strategists are lowering their estimates for corporate earnings next year. When will the turmoil end? CNBC's experts have their say:
Clermont Wealth Strategies is 'underweight' the entire consumer discretionary sector, which includes retailers, Rob Morgan, market strategist at Clermont Wealth Strategies said.
A federal investigation into UBS concerning its sale of offshore private banking services to wealthy Americans is concentrating on senior and midlevel executives and bankers, and could result in one or more indictments, people briefed on the matter said on Monday, the New York Times reported.
Global stocks got a boost after the announcement of China's near-$600 billion stimulus package. After last week's rollercoaster ride, CNBC's experts believe there is a strong chance that this is the beginning of a major year-end rally.
The United States may be on course to lose its 'AAA' rating due to the large amount of debt it has accumulated, according to Martin Hennecke, senior manager of private clients at Tyche.
The Labor Department releases October's employment numbers at 8:30 am New York time Friday, with a big drop in nonfarm payrolls predicted.
Asian markets ended the week mixed Friday, while European markets opened higher after two days of selloffs. CNBC's experts say sit tight and wait -- maybe a long time -- for a stock comeback.
Another day in the red for global markets on Thursday with Hong Kong and Japanese stocks down heavily. CNBC's experts tout defensive strategies, but also say a blue-chip rally could appear.
On the day the U.S. welcomed its 44th president, European markets opened lower as the focus returned to the slowing economy. CNBC's experts weigh in on what Democratic candidate Barack Obama's victory means for the markets and the economy going forward.
The first priority of America's president-elect should be the appointment of a treasury secretary, and New York Federal Reserve President Timothy Geithner is a likely candidate, financier Wilbur Ross said Tuesday.
Wall Street went on a bargain-hunting bonanza, with a frenzy of activity in the final hour of trading, sending shares up 10 percent.
Investors went on a late-day buying spree, scooping up shares of beaten down stocks and sending the major indexes soaring 7-8 percent.
Volatility reigned again on Wall Street Tuesday as jittery investors had a hard time committing to the morning's early rally -- or to the subsequent paring of gains.
Stocks opened higher Tuesday after Monday's late selloff as international markets bounced back amid expectations of a U.S. rate cut.
Stock index futures pointed to a substantial gain at the open Tuesday, following Monday's late selloff, as international markets rebounded and investors pondered the effect of an upcoming expected interest-rate cut.
Stock markets tumbled around the world Friday as investors moved to liquidate risky positions. Mounting evidence of a global recession kept most markets volatile.
Caterpillar missed market expectations by 2 cents Tuesday, reporting earnings per share of $1.39 for the third quarter, but it said it maintains its full-year outlook for earnings of $6 per share.
Democrats in Congress say any new economic stimulus bill would probably include road and bridge construction, help for state budgets and maybe new tax rebates.