Earnings news will take center stage Wednesday after another day of strong stock market gains cemented the view that the worst is over.» Read More
Despite an unexpected rise in jobless claims, markets continued an uptrend on Thursday. Byron Wien, vice chairman of Blackstone Advisory Services shared his market insights.
Volume picking up: 6.1 billion shares changed hands on the consolidated tape today — well above the 5-day average of 5.1 billion shares. I have spoken often of the unwillingness of the market to give up any of its gains. Here's how it looks since the recent bottom of the market on Feb. 9...
As Citigroup passed $5, I was asked by several people why the stock has been so strong recently. The JPMorgan report was a big catalyst...
Stocks rose for a sixth straight dayas investors cheered a pair of solid manufacturing reports and shrugged off a jump in jobless claims.
Get used to seeing more energy deals like today's announcement from Apache about its purchase of Mariner Energy for $2.7 billion in cash and stock. Mariner is an independent oil and gas producer, with deepwater operations, principally in the Gulf of Mexico. Apache is a big oil and gas producer.
“Just because you can get the money, doesn’t mean you should do the deals,” Robert Kindler, the vice chairman of investment banking for Morgan Stanley told CNBC Thursday.
Stocks move to highs of day; NAHB survey helps. The NAHB homebuilder sentiment index came in at 19 — 3 points better than consensus and up 4 points from March. This is the highest level since September and helped push stocks to their highs for the day.
Real estate is nearing a bottom and eventually could be a better bet for investors than stocks or bonds, Pimco's Bill Gross told CNBC.
Stocks rose Thursday in mid-afternoon trading, following a five-day winning streak as investors digested a jump in jobless claims against a pair of solid manufacturing reports.
Stocks bounced off a lower open on Thursday after a pair of solid manufacturing reports and a rally in banks. Where should investors look to put their money? Frederic Dickson, chief market strategist at D.A. Davidson, and Carlo Panaccione, founder of Navigation Group, shared their insights.
Anadarko Petroleum on Thursday is about 9 percent below its all-time high from 2008, and one big option trader expects it to blow past that level in the next month.
Stocks wavered on Thursday after a report showed initial claims for unemployment benefits rose unexpectedly for the second straight week. Bruce Kasman, chief U.S. economist at JPMorgan and Paul Schatz, president at Heritage Capital, shared their insights.
Strong economic growth and an even better earnings season than projected has Bank of America-Merrill Lynch raising its view on the stock market's prospects.
With growing belief that the economy is headed in the right direction, private equity firms will are gearing up for more M&A deals in the near future.
Earnings season starts off well, strong buying trend continues. The wave of money continues to wash over the stock market. Bank of America and our parent company General Electric will be reporting tomorrow. Both are again trading on the upside, both at new highs, a day after JPMorgan reported stellar earnings. Here are the facts on banks so far...
"The economic recovery is boosting rates, and that is a positive," says one analyst. "That's not a bad thing for stocks or companies or corporate profits."
David Faber's exclusive interview with Doug Braunstein, JPMorgan's Head of Investment Banking on when we should expect to see more M&A deals.
GE reports earnings and we expect the results will be another confirmation that this recovery is real and that the gloomy outlook many strategists have should now be reassessed.
There are a lot of warnings signs that markets may have come too far, too fast, said Steve Hochberg, chief market analyst at Elliot Wave International.
Stock futures slipped a bit as continuing claims, at 484,000, was worse than the 458,000 expected. This is disappointing, but there is only one reality right now: the wall of money coming into stocks. And it is a force very difficult to fight against. We get additional economic indicators today...Capacity Utilization, Industrial Production, Philly Fed.