Wall Street will keep a cautious eye on Europe in the week ahead, as the global credit crisis proved it still carries a potent sting for markets.
The Dow pulled off a stunning comeback, finishing above the 10,000 mark after being down sharply for most of the day amid worries about the recovery and Europe's debt woes.
Eastman Kodak’s shares hit a 52-week high on Wednesday. Will the old film company’s stock continue to rise and is it time for investors to dive in? Erik Kolb, Standard & Poor’s shared his analysis on the firm.
It happened again. Europe closed, stocks here dropped down a bit, and the dollar rallied ... commodities dropped. This is the second day in a row this has happened. Traders speculating that there was a sell program in Europe selling risk a the close of their day, seeking to be flat over the weekend.
The Dow tried to push above 10,000 a couple times, but struggled to sustain gains above that level as investors worried the recent selloff may be the beginning of a correction. Banks and techs came on strong, while drug and retail stocks were weak.
As you’ve probably heard, we’re in what’s commonly referred to as a “traders market.” This type of market is tricky even for elite traders, which is why I want to share four things you need to keep in mind to be profitable.
Dollar just rallied to the highs of the day (dollar index at highest level since July)...on that, oil dropped $2, copper down 1.3 percent (lowest level since October), gold dropped about $5, also lowest level since October … S&P 500 moved down about 3 points, just above the lows for the day.
How should investors be positioned in this volatile market environment? Stuart Desmond, vice president of R.W. Baird shared his investment strategies.
The Dow continued its fall below 10,000 on Friday, causing investors to worry about the beginning of a possible correction. How should investors position their portfolios? John Merrill, founder and CIO of Tanglewood Wealth Management and Andrew Kanaly, chairman of Kanaly Trust Company shared their market outlooks.
Stocks opened lower Friday after falling below 10,000 in the previous trading day for the first time since last November. What should investors expect from the markets going forward? Art Cashin, director of floor operations at UBS Financial Services shared his insights.
January's nonfarm payroll report was within expectations, with a loss of 20,000 jobs. The unemployment rate, which comes from a completely different survey, was 9.7 percent, a 5-month low , down from 10.0 percent, and was a bit of a puzzle.
Stock futures pared losses following news that the economy lost 20,000 jobs in January while the actual unemployment rate fell to 9.7 percent.
Global stocks were lower on Friday, with Asian markets hitting five-month lows, as investors dumped riskier assets after growing sovereign debt problems in the euro zone and rising U.S. jobless claims sparked jitters about the global recovery.
The January jobs report could turn the tide for markets Friday, but traders say there's a lingering global risk aversion that won't easily fade away.
The brutal sell-off on Wall Street on Thursday, which resulted in the Dow losing 4-percent so far year-to-date, could very well be the mythical correction we've been hearing about for months.
The Dow fell below 10,000 for the first time since last November amid worries about the US job market and Europe's ability to get a grip on its debt. The blue-chip index is now down over 4 percent for the year.
Small caps are getting pricey, but there's still opportunities to be found, says Citigroup strategist Lori Calvasina.
Optimism on the jobs report is fading. Traders noting that White House Press Secretary Robert Gibbs said earlier today there could be big revisions in the jobs report out tomorrow. Some are saying total job losses could be near 8 million, as opposed to 7.2 million currently reported. Plus: Is Greece the new subprime?
January retail same store sales: how could the numbers be so far off? Retailers, for the most part, reported numbers higher than expected, in some cases WAY HIGHER than expected. How could sell-side analysts, who provide the estimates, be so far off? There's two problems...
GDP growth rates and estimates have been ratcheted up and we expect the trend to continue, said Hank Smith, chief investment officer of Haverford Investments. He is bullish on U.S. stocks and offered his top stock plays.