Former OBM Director David Stockman says he doesn't see a strengthening economy at all. With CNBC's Jackie DeAngelis and the Futures Now Traders.» Read More
For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08.
The major US markets had their third straight week of gains. See the highlights from Stocks, Sectors, Commodities and Currencies...
The latest overall job loss numbers are much better than economists expected and still well below the six figure numbers seen in past recessions. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
With the stock markets coming off their best month in a long time, should you take profits and follow the old adage "Sell in May, Go Away?"
The major US markets had one of their best months in a long time. See the highlights from Stocks, Sectors, Commodities and Currencies...
What's wrong with this picture? Crude oil is on a tear, but ExxonMobil shares have barely budged in NINE months. Can tomorrow's earnings knock the oil giant out of its trading range?
GM shares are up over 12 percent today after posting a smaller than expected quarterly loss.
With only a couple of days left in April, the markets have had a great month so far. The major US indices are up 5% or more month-to-date. Here are some stats for the month and what history has shown for the rest of year when April finishes strong.
For this Green Week ending, April 25, 2008 the US Markets ended the week slightly to the upside driven by a comeback in the dollar, a streak of records for crude oil, better than expected jobless claims, 26-year low consumer sentiment, surprise earnings, and a 10 point victory for Hillary Clinton in the Pennsylvania Democratic primary.
Earnings and commodities ruled the week. The NASDAQ led the major US indexes in gains up almost 1% for the week. The S&P 500 closed above 1,395 breaking through the February highs and a major resistance level.
Talk about drama: Microsoft's $44 billion offer for Yahoo is coming down to the line and CEO Steve Ballmer is talking tough. If that wasn't enough, Ballmer hinted about a new lease on life for Windows XP.
The S&P Energy sector is up almost 8% for the week led by BJ Services up over 16% this week.
Pfizer's slide continues. The stock has now fallen below $20 for the first time since 1997.
AT&T has been around in one form or another forever. Yet it's still offering myriad new services -- U-verse, exclusive iPhone service in the U.S. and more. Can AT&T keep up its double-digit earnings growth?
For the week ending Friday, April 18, 2008 the US Markets ended the week rallying on earnings news. The Dow had its best week since Feb 1 and rallied 256.8 points on Wednesday and another 228.87 points on Friday, for its biggest point gains since April 1st.
The equity markets end a strong week fueled by earnings, commodities continue to climb, and the dollar strengthens.
This wasn't fun to write. In Friday's earnings report, writedowns, job cuts and turnaround plans will likely speak louder than any successes Citigroup had doing, you know, banking. That doesn't mean you can't make money trading Citi.
Today, April 17, is CNBC's 19th birthday. Just look at how things have appreciated since then.
IBM shares are up 17% since its January earnings report. Can IBM keep it up? Read on for some of the key issues you'll need to watch when trying to answer that question.
The key number behind (underneath?) Intel's bottom line: gross profit margins. Read on to see what else you should watch in this afternoon's key earnings report.