In the wake of Bill Gross leaving Pimco, Richard Coppa, Wealth Health, and David Mendels, Creative Financial Concepts, discuss if they are advising investors to stay in or pull their money from Pimco.» Read More
Stocks rebounded Thursday as an unexpected profit from Bed, Bath & Beyond buoyed consumer stocks — and hopes for an economic recovery.
You could almost hear a collective sigh of relief sweep across Wall Street after Thursday’s successful sale of Treasurys. How should you be positioned?
Using current rates for 3-month Treasury Bills, it will take 360 years to double your money in cash. Not terribly promising for those of us approaching our golden years.
Stocks rebounded Thursday after a lower open as weekly jobless claims came in higher than expected.
Futures indicated a slightly negative open for Wall Street Thursday after the Federal Reserve cautioned that the U.S. economy would remain weak for a time, adding concerns about the sustainability of a recent recovery.
The Dow fell for a fourth straight day Wednesday after the Fed said it expected to keep interest rates exceptionally low for an extended period.
Stocks bounded higher Wednesday, with the Dow up about 1 percent, as investors cheered the better-than-expected jump in durable-goods orders and shrugged off a weak new-home-sales report.
Futures jumped Wednesday after a better-than-expected rise in durable-goods orders.
With signs the economy is improving but still fragile, Federal Reserve policymakers are considering whether some programs intended to drive down rates on mortgages and other consumer debt should be slowed down.
U.S. stocks finished mixed Tuesday as a quick boost from a well-received Treasury auction fizzled and Boeing dragged on the Dow.
U.S. stocks turned mixed Tuesday after a quick boost from a well-received Treasury auction.
Stocks dipped Tuesday after a report showed home sales rose but not as much as expected but started to claw back almost immediately.
Futures indicated a fairly flat open for Wall Street Tuesday, after the stock market saw its worst one-day loss in two months, as defensive stocks rose.
Incoming auctions of government bonds and the recent retreat in the stock markets are crowding investors into bonds, and maybe this is a good choice for a while, David Keeble, head of fixed-income strategy at Calyon, told CNBC.
The stock market's losing streak continued Monday, with Wall Street suffering an across-the-board slump that had some worrying about a long summer for investors.
Futures indicated a lower start to the week for Wall Street Monday as investors fretted over the global economic outlook after the World Bank cut its 2009 forecasts for most economies.
As green shoots continue to pop up and give hope that a depression has been avoided, it's important to recognize that there still are significant headwinds facing the U.S. and global economy. There's a real chance that we may face a menace that proved to be destructive for investors portfolios decades ago: Stagflation
Once again, the market managed to side-step the threat of rising interest rates. In fact, investors appeared eager to move back into the Treasury market!
The Dow eked out a gain Friday, bumping it into positive territory for the year, as Bank of America shares rallied. But techs, energy and commodities retreated as crude oil dropped to around $72 a barrel.
Stocks opened lower Friday as crude oil dropped below $71 a barrel and banks dragged after Bank of America lowered its outlook for the sector.