CNBC's Simon Hobbs reports on all the market moving events in Europe today, including details on the number of euro zone banks that have failed the ECB's stress test.» Read More
Trichet has made vague comments about the need to expand the European Central Bank's role in the crisis, and proposals are flying about issuing joint bonds for the entire euronation. Also helping: continuing strength in China.
The day David Faber cold-called me at JRO Associates, the hedge fund where I began my career two decades ago. Sure, it was the beginning of a beautiful friendship -- but could it have been a multi billion-dollar friendship, too? It's a question I can't help but ask, because David and I always talked about launching a hedge fund together.
Fear of political instability and corruption allegations have kept many investors away from Russia, but now could be the time to take advantage of the emerging market as Europe is in the grip of a debt crisis and valuations are cheap, Roland Nash, chief strategist at Renaissance Capital, told CNBC Wednesday.
U.S. stock index futures pointed to a strong open on Wednesday after good news on private sector jobs added to better-than-expected manufacturing data from China to lift investor sentiment.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
The stock market starts December on a burst of economic news that may distract investors from Europe's sovereign debt worries.
Stocks struggled to end in positive territory but ended down as sovereign debt concerns in the euro zone kept a check on gains throughout the session. News that the Obama administration will work with Republicans on the tax dispute gave a brief lift to stocks. BofA and Procter & Gamble fell.
On the heels of a much better than expected Consumer Confidence read for November, options traders have ramped up volume on renewed speculation of a pending take-over of teen retailer Abercrombie & Fitch.
Stocks lost ground in the final minutes of trading after moving higher in the wake of news that the Obama administration will work with Republicans on the tax dispute. Rising worries over sovereign debt concerns in the euro zone kept a check on gains throughout the session. BofA and Procter & Gamble fell.
Drug stocks have had a miserable month; the NYSE Arca Pharmaceutical Index down nearly 6 percent, far underperforming the fractional gain in the S&P 500. What gives?
What's more important: improving economic data or the Eurodebt worries?
The rumor of the day is that Google is looking to spend as much as $6 billion to buy Groupon, a service that offers local deals. If Google pays anywhere near that, it might be the nuttiest tech acquisition ever.
Gold isn't serving as a hedge against inflation, as traditionally has been the case. Instead, as investment guru Dennis Gartman points out, investors see gold as "a hedge against monetary uncertainty."
Energy was the top sector gainer in November, while utilities lagged. What is the outlook for both sectors? Greg Gordon, managing director at Morgan Stanley, and Chris Edmonds, managing partner at Enerecap Partners, shared their views.
I’ve always thought guidance was somewhat of a game, if not a joke. Now for the evidence, your honor: Barnes & Noble.
Stocks tumbled Tuesday following disappointing news on the housing front and continuing concerns about the debt crisis in Europe. Mark Tepper, managing partner and co-founder of Strategic Wealth Partners, and Mike Rubino, CEO of Rubino Financial, shared their insights.
Bullish activity in this oilfield-services company has been on and off our tracking screens for months—and suddenly it's back.
Stocks continued to decline Tuesday amid mixed U.S. economic data and concern the European debt crisis would spread to other nations. JPMorgan and Pfizer fell.
Stocks fell Tuesday as fear of contagion from the European debt crisis continued to rattle investors. Art Cashin, director of floor operations at UBS Financial Services, shared his market outlook.
Here's why you should keep a close eye on these six stocks.