Some of the names on the move ahead of the open.» Read More
The market is up roughly 3 percent in January, but expect stocks to consolidate in February, warned Tobias Levkovich, chief U.S. equity strategist at Citi.
As Illinois battles with the country’s second-largest budget deficit—some $13 billion—its treasurer, Dan Rutherford, told CNBC Tuesday that bankruptcy, an idea being floated to close budget gaps, would disrupt the bond market and break trust with vendors who do business with the state.
The notion that January sets the investing tone for the year has been a less-than-reliable tool lately, something to keep in mind as the market prepares to break another psychological barrier.
The market is due for a correction in the near-term, but use the opportunity to buy, as stocks will soon rebound thereafter, according to chief technical strategists Ryan Detrick of Scaheffer’s Investment Research and Mark Arbeter at S&P.
Stocks slumped modestly despite an unexpected jump in consumer confidence, and amid a slew of big earnings releases, a day after the Dow reached new highs.
Here's why you should keep a close eye on these six stocks.
The bad news is that the NYSE consolidated volume — at 4.1 billion shares — was the lightest day of trading since January 6. We have had a few decent volume days over 5 billion in January, so the old lament of light volume is not entirely accurate for this month.
The IPO market might not be booming, but there's no doubt, it's alive and getting stronger. This week, eight companies are expected to price. Next week, there are 10.
Stock index futures pointed to a weaker open on Tuesday as another raft of heavyweight earnings took center stage, with Dow components DuPont, Travelers and Verizon in focus before the opening bell.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
The Fed kicks off its first meeting of 2011 Tuesday, as key stock indices edge toward psychologically important milestones.
Stocks closed higher with the Dow finishing 20 points shy of 12,000 on the strength of materials and tech stocks and as investors awaited a handful of major earnings later this week. Alcoa and IBM rose, while BofA fell.
The prospect that European regulators could hike interest rates ahead of their U.S. counterparts is lifting the euro and could keep it on an upward trajectory temporarily, strategists say.
Rising food prices are probably a threat to your portfolio. Because they mean slower world growth at a time when the recovery is still patchy.
The weak dollar / strong equity trade is back with a vengeance today. Hawkish comments from Trichet in Europe has strengthened the euro and weakened the dollar.
Stocks trimmed gains, but remained significantly higher, as techs and materials lifted the market as investors awaited a handful of major earnings from the sector later this week. Alcoa and IBM rose, while BofA fell.
A week ago, Michelle Leder at Footnoted, a Morningstar site, put out her Top 10 list based on the kinds of things she looks at in regulatory filings.
Silver coin sales have been on a tear in recent months and can be used as an economic indicator to show a lack of confidence in the U.S. monetary policy, said Nicholas Colas, chief market strategist at ConvergEx.
What has made the MLP asset class so unique is hat, unlike a bond, where you know your yield, MLP income might increase.
The surge in commodity prices has many worried about skyrocketing food prices at home. But a look at how much the increase in raw commodities actually makes it to the plate, at least in the United States, shows that it is unlikely by itself to cause widespread inflation.