Stocks rose for second day Wednesday as a Deere earnings beat and a rebound in housing starts helped renew investor optimism about the recovery. Consumer stocks were among the best performers; energy, the weakest.
Housing starts rebounded more than expected, while permits fell slightly less than forecast. Does this signal a housing market recovery—and hopes for home builders? Megan Talbott McGrath, home builder analyst at Barclays Capital, and Paul Puryear, director of real estate research at Raymond James, discussed their sector outlooks.
Brazil’s benchmark index, the Brazilian Bovespa, was up more than 80 percent in 2009, but has fallen 4 percent so far this year. So which way should investors bank on Brazil in 2010? Rob Lutts, founder and CIO of Cabot Money Management shared his insights.
There’s a struggle between better earnings and monetary and fiscal tightening that’s going to create volatility throughout the year, said Noah Blackstein, portfolio manager at Dynamic Mutual Funds. He shared his market outlook.
Stable midday after a late-morning scare, when stocks dropped just as Europe was closing (11:30am ET). Here are the issues...
The euro is down a full percent today against the dollar, has now given up almost all that it gained yesterday; the dollar has done just the opposite. This volatility, of course, affects stocks and commodities and makes traders crazy. What's up today? Recall that there is all this talk about currency swaps that Goldman may or may not have done for Greece.
One year ago, President Barack Obama signed the $787 billion stimulus bill. Has the bill helped the US economy and if so, how? Bill Smead, CEO and CIO of Smead Capital Management, shared his insights.
Markets opened higher on Wednesday, after the Dow logged its best day in three months on Tuesday. Is the correction over and should investors start putting their money in stocks? Sam Stovall, chief investment strategist at Standard & Poor’s shared his insights.
Stocks opened higher Wednesday after Deere blew past earnings expectations and a report showed a rebound in housing starts.
Dow component Hewlett-Packard is due to release earnings results after the bell tonight (Wednesday). What should investors expect from the tech giant? Aaron Rakers, equity research analyst at Stifel Nicolaus, shared his analysis on the hardware company.
January housing starts, at 591,000, was above expectations of 580,000, and the highest since July 2009. The prior month was revised upward as well. Bullish on housing: BofA/Merrill Lynch initiating seven home builders with a "Buy" rating. Analyst Jonathan Ellis says, "we think a sustained recovery is now within a reasonable discounting period for the stocks." What about a bottom in home prices? And what happened to the correction?
Jack in the Box has risen sharply this month but is drawing some downside option activity ahead of its earnings report today after the market closes.
Wall Street looks set to extend the previous session's gains Wednesday, with stock index futures pointing to a modest rise.
The euro looks set to reverse some of its recent losses against the dollar and yen as investors scramble to cover bets that the currency will fall, Chris Zwermann, global strategist at Zwermann Financial, told CNBC Wednesday.
Stocks rallied on Tuesday, following a 50-point drop in the Dow at the end of last week. So is the worst over for the correction? Jeffrey Saut, chief investment strategist at Raymond James and Andrew Kanaly, chairman or Kanaly Trust Company shared their market outlooks.
The price of copper has risen almost 98 percent over the past year and currently trades above $3 a pound. David Threlkeld, president of Resolved Inc., discussed whether copper prices constitute a bubble about to burst—and threaten the global recovery.
Stocks rallied Tuesday after a better-than-expected manufacturing report and some decent earnings reports. Merck and Chevron led the Dow. Kraft was the biggest drag.
Will 2010 be the year of the large cap stocks? And if so, where are the best places for investors? Brent Wilsey, president of Wilsey Asset Management, and Michael Krause, president of AltaVista Independent Research, shared their views.