The positive side of the weak greenback story should show up this week, as a parade of multinationals report earnings.
Markets traded higher on Monday as better-than-expected earnings results began trickling in, boosting investors' optimism about the overall earnings season. Leo Grohowski, CIO of BNY Mellon Wealth Management, and Charles Kantor, managing director and portfolio manager at Neuberger Berman, shared their market insights.
Anticipation is building over a trio of important tech earnings. This week IBM, Intel and Google release third quarter results, providing what could be a critical view on whether the economic rebound has taken root both in the U.S. and around the world.
Stocks shot out of the gate Monday, fueled by earnings optimism, but then pulled back near the final hour of trading as investors took some profits.
The Dow crossed the 9,900 mark on Monday and investors are wondering what the shape of the recovery will look like—will it be a V or a W? Wayne Angell, principal at Angell Economics and former Federal Reserve governor, and Brian Bethune, U.S. economist at IHS Global Insight, shared their market insights.
Jerry Castellini, president and CIO of CastleArk Management, Brian Dolan, chief currency strategist at Forex.com and Matt Zeman, trader at LaSalle Futures Group offered their views on where investors should put their money.
The market has risen so far ahead of the economy, it's hard for Art Cashin, financial services director of floor operations at UBS, to get on board.
This is the week the market will make its big push, as positive earnings surprises will send it higher and carry it through the rest of the year, said Marc Pado, US markets strategist at Cantor Fitzgerald.
Stocks opened higher Monday as better-than-expected third-quarter results began trickling in, boosting investors' optimism about the overall earnings season.
A busy week of earnings lies ahead for large financial companies. So what kind of results should investors be expecting? Christopher Whalen, senior vice president and managing director at Institutional Risk Analytics and Paul Miller, group head of financial services at FBR Capital Markets shared their insights.
Oil and gas drillers are the most attractive subsectors within the energy industry now, said Derek Rollingson, portfolio manager at ICON Equity Funds. He shared his top five stock recommendations.
Gold prices rose above $1,050 an ounce on Monday as the dollar turned lower against the euro. Dennis Gartman, founder and editor of The Gartman Letter, shared his outlook on gold prices and currencies.
Innovation is the lifeblood of business. And today, as technology has become the lifeblood of so many industries, innovation is occurring in many places. I mention this because innovation has been one of the common themes to my work in recent weeks -- in healthcare, biotech, education and urbanization.
America and China have a problem. A very big multi-trillion dollar problem that shows no sign of going away whatever the financial crisis throws at it.
Synopsys ended last week at its highest closing price in a year, and option traders apparently believe that the chip software company will climb even higher before Christmas.
Futures indicated a mildly higher open for Wall Street on Monday as better-than-expected third-quarter results began trickling in, boosting investors' optimism about the overall earnings season.
Have a healthy dose of cynicism when taking in earnings estimates. They are merely guesses; measured guesses, but still just educated speculations about the past and future.
Stocks recovered after a quick dip at the open, though gains were modest. Chevron led the Dow pack after saying it expects profits to improve in the third quarter. And techs got a boost from some upbeat analyst comments on chips.
The global recovery is being led by countries outside of the United States, and investors should look to multinational corporations to protect themselves against the weakening dollar, said David Darst of Morgan Stanley Smith Barney.
Worries over health care reform have caused the sector to be underowned, but there are still opportunities for investors looking to take advantage of the low prices, said Charles Boorady of Citigroup and Arthur Henderson of Jeffries & Co.