Will today's jobs numbers cause the Fed to push back its rate hike? Trading bonds now, with Joe LaVorgna, Deutsche Bank, CNBC's Jackie DeAngelis and the Futures Now Traders.» Read More
With the Dow, S&P 500 and NASDAQ all up over 25% since their March lows, there has been a lot of talk about "green shoots" and the recovery. In fact, the lead story in today's Wall Street Journal is titled "World Regains Taste for Risk." But is this appetite for risk premature? In volatile times, markets swing up and then back down. Here is a look back at some of the biggest bear market rallies in history.
On a week dominated by the stress test for the banks, a rally in Financials, and the jobs report lending to increased optimism that the recession may be easing; the markets extend their rally to 9-straight weeks for the NASDAQ, and an almost 6% weekly gain for the S&P 500.
The latest overall job loss numbers showed a loss of 539,000 jobs in March and the unemployment rate climbed to 8.9%. The March numbers were revised to a loss of 699,000. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Has government involvement in the financial sector been beneficial to the largest U.S. banks? After the completion of the government’s bank stress tests, results showed that 10 out of the nation’s 19 largest banks need to raise ~$75 billion in capital to become more solvent.
In yesterday's extension of the current rally, three more Dow stocks crossed above their 200-day moving averages. There are now seven stocks on the Dow above this technical threshold.
Market Trivia Question: Which stock is both the sole gainer on the Dow Industrials since the market’s all-time high (set in October 2007) and the index’s worst performer since the market’s current low back in March?
This morning's ADP National Employment Report showed a much better than expected count of job losses, coming in at a loss of 491,000 jobs lost instead of the consensus of -643,000. While the count is still high, it is a slowdown in the rate of decline and on the news futures jumped to positive territory.
SEC Chair, Mary Schapiro, announced that she has made it a priority to evaluate regulations on short selling. As she kicks off her "round table" on the issue with participants that include General Electric, JP Morgan Chase, Fidelity, The New York Stock Exchange, NASDAQ, and others, here is a list of the companies with the biggest short interest on the S&P 500.
Historically and on average, the U.S. Markets have been relatively positive on Cinco de Mayo, a regional holiday in Mexico that is celebrated by many Americans. Here are the numbers...
Following a broad rally on Monday, led by upbeat economic data in the housing front, and optimism related to a stress-test on nineteen banks, the S&P 500 turned positive for the year. Here is a look at some of the best performing companies.
As the markets look forward this week to the results of the stress tests, many believe the worst is past us and the rally will continue. Here is a look back at where many of the financials stand today relative to where they were just before Lehman Brothers went under.
All three major US indices finished the week in positive territory, helped by better-than-expected economic data on Friday. The NASDAQ Composite continued its rally, closing to the upside for the eighth straight week.
There is an adage on Wall Street that says "Sell in May, and stay away" referring to the fact that historically, the six-month period between May 1 and Oct 31 is the worst performing 6-month period of the year. But is that the correct way to look at things?
After posting dismal losses from September through February, the markets closed out April with their second straight month of impressive gains. In fact, the S&P 500 posted its best 2-month gain since 1975, while the Dow Industrials had its best 2-month showing since 2002.
All major US indices end April on a positive note. The NASDAQ Composite led the gains among all three major indices, up 12.35%.
First Quarter GDP fell by 6.1%, much worse than expected. This comes after the final numbers for Fourth Quarter GDP was down -6.3%, the worst quarter since Q1 1982 when economic "growth" was -6.4%. Here is a breakdown of where the economy is shrinking most.
The futures are down again this morning with uncertainty of the impact that the swine flu will ultimately have. So far, nearly 150 people have died in Mexico from the disease as it continues to spread around the world. Here are some of the stocks that moved most as the story has developed.
As we approach the 100th day in office for President Obama this week, many will debate the success of the new administration's efforts. While not directly correlated, here are the stock's that have gained and lost the most since history was made this past election.
On a peak earnings week that featured the stress test on the nation's biggest banks, credit cards, and news on the autos, the NASDAQ and technology stocks extend their rally to 7 weeks.