One recurring theme this week—while sales of luxury goods continue to struggle, consumers continue to shop for less expensive goods.
The bears have tasted the blood of Infosys and are moving in for the kill. OptionMonster's tracking systems detected the purchase of 14,651 July 35 puts for $1.65 and the sale of 14,021 August 40 calls for $0.45. ... The move was almost identical to a similar trade last week...
Art Cashin, director of floor operations for UBS Financial Services, offered CNBC his take on what traders are saying Thursday.
Sam Stovall of Standard & Poor's and Christopher Zook of Caz Investments had some bad news and some good news. They each think the economy still looks awful — but there are ways to play it.
Stock futures are up modestly on better-than-expected jobless claims data and Alcoa’s smaller-than-expected loss.
Global stocks rose on Thursday as the first big U.S. earner out the box, Alcoa posted a smaller-than-expected second-quarter loss, leading basic resource stocks soaring. Experts tell CNBC now's the time to hold some high beta stocks.
A late upturn pushed stocks higher Wednesday as investors rotated into defensive stocks like pharmaceuticals and Alcoa advanced ahead of earnings.
Ahead of Alcoa’s earnings report after the bell, here are a few key issues at hand for the forthcoming corporate earnings season.
Stocks turned lower Wednesday as investors got defensive ahead of earnings season, rotating into pharmaceuticals and out of techs.
At least one big trader is buying puts in the IYT exchange traded fund, looking for the transport sector to take a dive.
Futures trade in a fairly tight range this morning ahead of a key 10-year Treasury note auction around 1pm ET today and the earnings season kickoff this afternoon with Dow component Alcoa reporting results after the close.
Stocks rebounded Wednesday after a major selloff in the previous session as earnings season gets into gear.
Futures indicated a slightly higher open for Wall Street Wednesday on profit taking after the major selloff the previous day.
Health care is the only major sector to earn positive gains since the stock market topped out last month, suggesting that sentiment has shifted to a more traditional bear-market perspective.
The S&P 500 appears to be topping out, having broken below a key support level, and could fall below 800 points in the coming months, Christopher Locke, MD of Oystertrade.com Management told CNBC.
Global stocks were down again on Wednesday as Group of Eight leaders make their way to Italy to discuss the global economic downturn and ahead of the Alcoa's earnings, the first of U.S. companies to report second-quarter results.