Michael Kurtz, Global Head of Equity Strategy at Nomura, says the real driver of Chinese equities is the direction of savings flows away from property and back into equities.» Read More
Stocks pared losses, although remained lower, after rallying for most of the session as investors hesitated to commit to the market ahead of Tuesday’s mid-term election and the Federal Reserve's decision on monetary policy. Kraft and Chevron fell, while Intel rose.
The consensus right now: buy the rumor, sell the news. "We're actually advising clients right now to buy the rumor, buy the news," Richard Zinman, managing director at Credit Suisse spacer private banking USA, told CNBC on Monday.
October ISM manufacturing came in well above expectations. On that, the Dow Transports became the first major index since April to hit a (intraday) 52-week high. So why have we drifted lower?
The new buzzwords – Quantitative Easing – have been added to the alphabet soup of remedies for our still ailing economy. The quick fix “QE” recipe consists of the Fed buying bonds and flooding the economy with the proceeds in the hope that more money will inspire the recipients to spend the dough and thus get the economy off its rump.
It is has become clear that until today shareholders of Wilmington Trust had no idea how bad things had gotten for the bank. Bad enough, in fact, that management chose to sell itself for roughly 43 percent below it's stock market value on Friday.
Stocks trimmed gains, but continued to rise, after news of strong manufacturing in the U.S. and China, and ahead of a week filled with major events, including Tuesday’s mid-term election. Intel and Pfizer rose, while IBM fell. .
How can investors profit from health care? Uri Landesman, president of Platinum Partners and Doug Roberts, chief investment strategist at Channel Capital Research shared their favorite plays on the sector.
A healthy dose of balance and good old fashioned Washington debate might be just what is needed for investors.
Here's why you should keep a close eye on these six stocks.
Voters seem to believe that a split Congress and increased gridlock is the best way to achieve these ends, and I don't disagree.
Stock index futures pointed to a higher open for Wall Street Monday at the start of a key week for investors, with Tuesday’s mid-term election, Wednesday's Federal Reserve announcement after a meeting to decide on monetary policy and Friday’s October jobs report among the highlights.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Share your opinion in today's poll.
Investors disappointed with the yield on government bonds should look to good-quality companies with strong dividends such as Deutsche Telekom and Nestle, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
When Michael Gazzarato took a job that required him to sign hundreds of affidavits in a single day, he had one demand for his employer: a much better pen, reports the New York Times.
“Investors are maybe reaching a tipping point,” Brad Durham, EPFR’s managing director, told the FT. “They are feeling perhaps that enough is enough with the bond flows and are starting to take on a bit more exposure to risk.”
New research shows that one of the first signs of impending dementia is an inability to understand money and credit, contracts and agreements., reports the New York Times.
The mid-term election and the Fed's November meeting should clear away some uncertainties hanging over markets but may also lead to a new period of heightened volatility.
Stocks had one of their best October performances, despite a choppy day that ended with the major indexes largely flat, as investors prepare for a busy week that includes the mid-term election, the Fed's policy setting meeting, and more earnings releases. Chevron and Intel declined, while Alcoa rose.
Stocks were set to the end the session largely flat, although the market was still on pace for strong monthly gains, as investors await a busy week that includes the mid-term election, the Fed's policy setting meeting, and more earnings releases. Chevron and Merck declined, while Alcoa rose.