Like a financial Pied Piper, European Central Bank President Mario Draghi could call the tune for markets Thursday.» Read More
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.
Value stocks and funds are where investors should be putting their money right now, said Adam Bold, founder and CEO of The Mutual Fund Store, and John Morris, managing partner at Crestwood Advisors.
When it’s too good to be true, and too easy, maybe it is for a reason. Wednesday a research firm called Muddy Waters Research, which specializes in Chinese stocks, issued a report that claimed “irrefutable evidence of fraud” at Chinese MediaExpress—a Chinese company that claims to put advertising on inter-city buses in China.
Investors should be taking advantage of coal’s recent pullback by buying some of the producers, said Jeremy Sussman, coal analyst at Brean Murray, Carrett & Co.
On the surface, the retail sales reports were good this morning. February retail same-store sales were up 4.3 percent, according to RetailMetrics, well above expectations of a gain of 3.8 percent. This is good news, but there's a problem: there's fewer and fewer retailers reporting monthly numbers.
Here's why you should keep a close eye on these six stocks.
Today's positive retail and jobs data is sending stocks soaring this morning. And while equity investors are scrambling to get in on the action, options traders see a dark side to euphoria: higher rates, and sooner than you think.
S&P futures moved to the highs of the morning after weekly initial jobless claims came in lighter than expected: 368,000 vs. 395,000 expected. However, the big story of the morning is the rally in the euro, and corresponding decline in the dollar.