Howard Ward of Gabelli Funds, shares his top ten reasons to buy stocks for the New Year. Bob Doll of Nuveen Asset Management, provides perspective.» Read More
Facebook, the social networking giant, is now valued at $65 billion and moving up 30 percent in the last six weeks, making it one of the most highly valued private companies out there today. This high valuation is a function of scarcity of shares that has created a supply, demand imbalance, according to one venture capitalist.
Stocks shrugged off a handful of robust economic reports to extended losses Friday as oil prices surged amid increased violence in Libya.
With the nonfarm payroll report over, stocks are back to getting smacked around by oil. Stocks weakened as oil moved toward $104, then recovered when it fell back, then weakened when oil moved up again...all in the last hour. Get it?
The options market is gearing up for a bull run in the dollar after February's non-farm payrolls showed improvement in the U.S. jobs picture.
Here's why you should keep a close eye on these six stocks.
There are unconfirmed reports circulating that Hassan Warbouk, one of the rebels fighting against Libyan leader Qaddafi, was killed in fighting in the town of Zawiyah.
On Thursday the S&P 500 sees it’s biggest percentage and point jump since December 1, 2010 and yet the stock that is its best performer (+202 percent!) over the last 52 weeks, does not participate in the rally: Netflix spacer (NFLX). It closed down half of a percent, adding to the steady, quiet decline that has chopped $40 (18 percent) off Netflix’s stock price in 12 trading days.
February nonfarm payrolls, at 192,000 jobs created, was about inline with expectations. January payrolls were revised up to 63,000, from 36,000. However, private sector job gains were stronger than expected at 222,000. Average hourly earnings were flat, a gain of 0.2 percent was expected. But...
US stock index futures lost ground after initially rising on the news of strong job gains in February.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Talking jobs with the maestro, welcoming 'Melo to MSG and cheering the ad dollars. Here's some of what we’re watching—and that you should be watching as well.
Canadian businesses are starting to borrow again because they have confidence in the US recovery, Ed Clark, CEO and president of TD Bank, told CNBC Thursday.
The markets have high expectations for the February employment report, even if economists are reluctant to go too far out on a limb after several months of big misses by the consensus forecasts. Traders differ.
Stocks ended sharply higher after rallying throughout the session Thursday as an upbeat report on jobless claims and falling oil prices led investors to retrace losses from earlier in the week ahead of a key jobs report on Friday. Caterpillar and Bank of America gained.
The dollar should weaken further against the euro now that European interest rate hikes look inevitable, but the euro's gains may ultimately be limited if raising rates hurt the euro zone's weakest members.
Why are we so strong today? It's been a straight line across for the major indices today...not even a hint of a selloff.
"There are a lot of values out there because everybody is in the moment—there's ETFs (exchange-traded funds), there's minute- to- minute trading—and that's creating more and more deviations for people who look under the hood, and I think there's a lot of room still on the upside," Olstein said.
General Atlantic, a $17 billion investment firm, will soon become the latest investor in Facebook, buying one tenth of one percent of the company in a deal that values the social networking giant at $65 billion, according to people with knowledge of the transaction.
Retail stocks update: If February same store sales were so strong, how come the S&P Retail Index (RLX) is only up 0.8 percent and is LAGGING the rest of the market? So I have been asked. Here is the answer...
Stocks rallied more than 1 percent across the board Thursday, fueled by a handful of upbeat economic news and as oil prices declined amid talks of a peace plan in Libya.