Stocks trimmed losses but remained down after news of a 7.4-magnitude earthquake east of Sendai Honshu, in northern Japan.
Stock index futures pared gains and traded flat despite news of a slightly better-than-expected drop in jobless claims and better-than-expected chain store sales, but also after largely expected news that the European Central Bank raised interest rates.
Stocks closed higher amid rising prices for oil and gold, as the market hit new highs. Cisco and AmEx led Dow gainers, while Caterpillar fell.
Stocks added to modest gains in the last hour of trading amid rising prices for oil and gold, lifted by banks and technology. Cisco and AmEx led Dow gainers, while Caterpillar fell.
In March of 2009 the market hit the "generational bottom" and is now at the beginning of a "new secular bull market," Hank Smith, vice chairman, portfolio manager and CIO of Haverford Trust Company, told CNBC Wednesday.
Stocks gained Wednesday as commodity prices lifted mining stocks, and as tech stocks appeared to continue to benefit from M&A activity. Cisco and HP rose, while DuPont fell.
Stock index futures rose ahead of the open Wednesday as commodity prices continued to surge.
The "Mad Money" host said there are investing opportunities galore right now.
Stocks ended mixed ahead as tech stocks lost steam despite earlier gains driven by M&A activity, and as stocks bumped up against recent highs. Boeing fell, while Alcoa rose.
Stocks traded flat to mixed ahead of the close as tech stocks lost steam and stocks bumped up against recent highs. Caterpillar fell, while Alcoa gained.
The merger train has left the station, and it’s going to go run for another one to three years, Mario Gabelli, chairman and chief investment officer of GAMCO Investors, told CNBC Tuesday.
Stocks rose modestly as M&A news lifted stocks, although trading was light and largely directionless. Microsoft rose, while Caterpillar fell.
The late day announcement Monday from Texas Instruments sayings it’s buying National Semiconductor spacer has tech investors laser focused on one thing: the huge premium that TI is paying.
Warren E. Buffett has a favorite saying: “Lose money for my firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.” But as speculation of insider trading swirls around Mr. Buffett’s onetime heir apparent, David L. Sokol, it has to be asked: Why hasn’t Mr. Buffett been ruthless?, reports the New York Times.
Stock index futures pointed to a lower open for Wall Street Tuesday as Brent oil hovered around $120 a barrel, reflecting market concerns that rising prices could dent company profits and hurt the global economic recovery.
The net-long money held by money managers in 24 commodity markets tracked by the U.S. Commodity and Futures Trading Commission fell by about $680 million to about $67 billion for the week ended June 4. Futures of U.S. crude oil traded on the New York Mercantile Exchange witnessed a net drop of about $504 million in managed money during the week to June 4.
The Fast Money traders share their final trades of the day.
Monday, 17 Jun 2013 | 5:50 PM ETScott London spoke to CNBC's Jane Wells about the KPMG insider trading scheme and how much he made in kickbacks. London says "nothing like this has ever happened before."
Monday, 17 Jun 2013 | 1:31 PM ET7-Eleven franchisees are charged with identity theft and money laundering, reports CNBC's Andrea Day. The 7-Eleven owners created a "modern-day plantation system" according to the U.S. Attorney.