Market pros Brian Kelly and Michael Crofton weigh in on the latest market moves, with Kelly calling it a "Peter Pan rally" and Crofton proclaiming victory over the bears.» Read More
The wave of stock selloffs sweeping world markets may be partially caused by the fact that many governments increased guarantees for bank deposits, making them a much safer investment, Marc Faber, author of the "Gloom, Doom and Boom Report," told CNBC Monday.
The markets end the week in negative territory as all major indexes lost 5% or more for the week. The Russell 2000 brings up the rear losing over 10% for the week.
Today's market washout will be a critical and historic step in getting the detritus out of the stock market, said Mohamed El-Erian, co-CEO of bond management titan Pimco.
The problem for UPS may be in its Q4 guidance—don’t be surprised if it's lower than the roughly $0.96 expected due to expected lower volume.
Though it was another disappointing day, note that the Dow was down 690 points at 3:40 PM ET and then rallied 170 points into the close. The S&P 500 and the NASDAQ closed at new lows. Despite all the worries about redemptions and forced selling, volume was notably light until the last 45 minutes. It really was more of a buyers' strike as bids simply got cancelled.
Stocks sold off in the final hour of trading, an hour that has become known for wild, unpredictable swings, as a new government plan to juice money-market funds and some dismal corporate outlooks kept investors on edge.
Stocks retreated after a fleeting uptick as investors digested a slew of earnings and some dismal outlooks and signs of a thawing in the credit markets.
As we close in on the presidential election, most polls are showing Obama in the lead, and the Intrade markets currently show Obama with a higher probability of winning the presidency. www.intrade.com)
Stocks turned lower again after paring most of their losses amid more signs of thawing in the seized up credit markets.
U.S. stock market index futures pointed to a lower open for Wall Street Tuesday as worries over the health of the economy offset enthusiasm after news of a possible second stimulus package.
Stocks rallied to the finish line after another volatile session as signs began to emerge that credit markets may be defrosting. The Dow gained more than 400 points.
Stocks were higher in a wobbly session as investors digested remarks from Federal Reserve Chairman Ben Bernanke and Treasury Secretary Hank Paulson.
Stocks rose more than 1 percent out of the gate Monday as investors snapped up some bargains after Friday's selloff. Investors will be closely watching comments from Bernanke before a House panel. He is expected to say that we may need a second government package to stabilize the economy, according to prepared remarks.
U.S. stock index futures were higher Monday, at the start of an earnings-packed week, when investors will have a chance to dig down into corporate numbers in addition to tallying up bailout packages.
If the Dow Jones Industrial Average does not close above 10,625 this month, it will be in a multi-year bear market and likely to be closer to the 5,000 level once the recession is over, a strategist told CNBC Monday.
A slight thaw in the credit freeze could warm up some cautious buying in battered stocks in the week ahead.
Coming off the worst week ever where volatility continues to rule, enhanced by options expiration Friday, the major indexes are all up about 4% or greater for the week.
The Dow Industrials has shown some significant moves each day over the past two weeks. In fact, yesterday the Dow was up 10% from its session low to session high.
We've all been searching for road maps from the past to help guide us through these current, scary market conditions.
The stock market is on its own wild ride these days, but if investors were to step off the roller coaster for a minute, they might see signs of life in the credit markets.