Dylan and Karen start Tuesday's show by agreeing that it looks like "anything goes" with the current market, as the Dow spacer snapped its recent rally to end the day almost 3% down. This drop was not a surprise to those who are in the business and watch for such things -- Dylan says it was "anticipatable" and is just "the market behaving as markets do."
Rep. Barney Frank discusses the auto bailout issue, while New York Attorney General Andrew Cuomo says a $10 million bonus for Merrill Lynch's John Thain is unjustified. Following are today's top videos:
Stocks advanced Monday, but ended off session highs, as hopes for an auto bailout and action by world governments helped offset the grim reality of a fresh wave of layoffs.
Stocks continued to rally Monday as hopes for an auto bailout and action by world governments helped offset the grim reality of a fresh wave of layoffs.
Stocks continued to rally Monday as hopes for an auto bailout and action by world governments helped offset the grim reality of a fresh wave of layoffs.
The U.S. stock market is the place to go for investors wanting to come back to shares after a decrease of more than 50 percent, and some timid attempts at rebuilding ravaged portfolios are already taking place, Robert Doll, BlackRock vice-chairman, told CNBC.
Growing hopes of a federal bailout for the auto industry and increased action by world governments to stem the global recession pushed stock index futures higher Monday.
As the US economy "officially" enters recession, the markets slide about 2% for the week, but staged a comeback on Friday after absorbing the worst job loss since 1974. The Dow traded in an almost 570 point range.
The latest overall job loss numbers showed a loss of 533,000 jobs in November and the unemployment rate climbed to 6.7%. This is the highest drop in nonfarm payrolls since 1974 and the highest unemployment rate since October 1993. The October payroll numbers were revised to a loss of 320,000. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Today is the second anniversary of the launch of CNBC.com. See how things have changed in just two short years.
General Electric announced that it will maintain its dividend for 2009, giving it an 8.6% yield, based on yesterday's close. See how this compares to the other 29 companies in the Dow.
The Dow Industrial Average is poised for an extended bear-market rally that could see the index gain as much as 40 percent, Sandy Jadeja, chief market strategist at ODL Securities, told CNBC. But don't buy until December 15, Jadeja warned.
Stocks snapped their best five-day winning streak in 75 years with a resounding crack, giving back more than half the gains in one session.
Stocks pulled back Monday after logging their best five-day streak in 75 years last week.
Stocks pulled back Monday after logging their best five-day streak in 75 years last week.
U.S. stock index futures pointed to a lower open for Wall Street Monday after stocks logged their best five-day streak in 75 years last week, ahead of a week packed with data and economic policy decisions.
Stocks rose again in light post-Thanksgiving trading, logging their best five-day streak in 75 years. U.S. financial markets closed Friday at 1 p.m. ET.
The markets closed out a negative and volatile month with a very positive Thanksgiving week. The Dow and S&P 500 had their best five-day gain since 1933 with the Dow up over 17% and the S&P up over 19% in the last five trading sessions.
Stocks declined in this abbreviated post-Thanksgiving session as traders took a breather after four straight days of gains.
Stocks declined in this abbreviated post-Thanksgiving session as traders took a breather after four straight days of gains.
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.