Stocks extended losses in the final hour of trading Tuesday as oil prices sank and after Alcoa's weaker-than-expected revenues disappointed investors. Alcoa and Chevron led decliners.
Stocks sank broadly, triggered by disappointing results from Alcoa, and as a report by Goldman Sachs calling for a drop in commodity prices sent oil prices on a nosedive. Alcoa and Chevron fell, while Wal-Mart gained.
Last week's attack on Warren Buffett by Wisdom Tree Investments Chairman Michael Steinhardt was "inappropriate and misses the point," Omega Chairman Leon Cooperman told CNBC Tuesday.
Rising commodity prices mean investors should stay clear of consumer discretionary stocks, according to Nomura strategist Ian Scott.
These two headwinds ended the "Mad Money" host's 18 months of bullishness.
Stocks closed narrowly mixed in thin trading Monday despite a flurry of M&A activity as investors cautiously awaited the start of earnings season. Travelers gained, while Chevron fell.
Stocks traded lower in thin trading Monday amid a lack of economic news and as investors cautiously awaited the start of earnings season. Travelers rose, while Chevron fell.
As stocks shaved gains ahead of earnings on Monday, the "Fast Money" traders had their eyes on these four names.
Stocks gained modestly as investors braced for the start of earnings season amid M&A activity. 3M rises, while Caterpillar falls.
It was a major blow for the Singapore Stock Exchange. Its courtship for its Australian counterpart, the Australian Stock Exchange, came to an abrupt end when the Australian government rejected the deal last week saying it was not in Australia's national interests. SGX was left standing alone at the altar.
Stock index futures pointed to a slightly higher open on Wall Street ahead of earnings season, which kicks off after the bell when Alcoa releases results.
Stocks saw a selloff ahead of the weekend and amid disagreements over spending cuts, hindering lawmakers from reaching a deal to temporarily avert a government shutdown.
Stocks saw a selloff ahead of the weekend and amid disagreements over spending cuts, hindering lawmakers from reaching a deal to temporarily avert a government shutdown.
The master limited partnership asset class, as reflected by the Alerian MLP Index spacer, has dramatically outperformed its peers on a "traveling" twelve month basis: 25 percent versus the S&P 500 13.4 percent, Dow Jones Utilities Index 9 percent and Morgan Stanley's spacer REIT Index 16.6 percent, Darren Horowitz, managing director Energy Equity Research at Raymond James, told CNBC on Friday.
Stocks added to modest losses Friday after news that Congressional leaders have not come to a budget agreement, which could lead to a government shutdown at midnight tonight. Cisco fell, while Merck rose.
Stock index futures rose ahead of the open Friday in what is expected to be another low volume session before earnings season kicks off in earnest with Alcoa's release after the market closes on Monday.
*Money managers pull $1.4 bln from COMEX gold in May 14 week. Money managers, including hedge funds, pulled $1.4 billion from the U.S. gold futures market for the week ended May 14 by trimming their net long positions in the metal, according to Reuters calculations of data released by the Commodity Futures Trading Commission.
*Money managers pull $1.4 bln from COMEX gold in May 14 week. Money managers, including hedge funds, pulled $1.4 billion from the U.S. gold futures market for the week ended May 14 by trimming their net long positions in the metal, according to Reuters calculations of data released by the Commodity Futures Trading Commission.