Some of the names on the move ahead of the open.» Read More
Futures pointed higher Tuesday after a report showed a rebound in housing starts from record lows.
Russia proposed a new world reserve currency that would be issued by international financial institutions to reduce reliance on the U.S. dollar. However, Liam Halligan, chief economist at Prosperity Capital Management said the west does not need to be scared, but should learn to “cohabitate” and share the prosperity around the globe.
The recent rally in the S&P 500 seems to have reached a peak for now and could fall back toward 880 points, but after that pullback the bull market will probably be back, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.
US stocks had the worst day in a month on Monday as a manufacturing data came in weaker than expected and the dollar made a comeback. Experts tell CNBC investors need to be cautious short-term as the market is likely to retreat, then rebound afterwards.
The U.S. dollar's rebound took a bite out of stocks and commodities Monday, and traders look for more volatility this week.
The firestorm caused by Rio Tinto pulling out of its deal with Chinalco, resulting from the partnership with once bitter rival, BHP Billiton, has the makings of a soap drama. It's enthralling viewing, but many observers are missing the vital sub-plot which leads to the surprise ending.
The S&P is up 37 percent since the March low, but has the recent rally been overplayed? Michael Cuggino, portfolio manager at Permanent Portfolio Funds, and Randy Bateman, Huntington Funds CIO of the Huntington Funds shared their market outlook and the best places to invest.
Key economic data and the dollar will weigh the heaviest on oil prices Tuesday.
Stocks logged their worst day in a month Monday as a key manufacturing gauge came in weaker than expected and the dollar made a comeback.
Stocks logged their worst day in a month on Monday as a key manufacturing gauge came in weaker than expected and the dollar made a comeback. Treasury Secretary Timothy Geithner said the financial system was beginning to thaw but the recovery would be slower than usual and unemployment would likely keep rising. Read and listen to what the experts had to say…
Big volume coming: it's time for the Russell reconstitution, and this one will be large. Every year at the end of June, the Russell reconstitute their series of indices.
A couple of signs investors want to be aware of as we digest a 40 percent move upwards in stocks in a 3 month period - valuation alone seems risky.
The bad news: the Dow is having its worst day single-day point loss since April 20th. The good news: it's a light-volume selloff, meaning the decline is caused by buyer disinterest (low demand), not large amounts of selling.
More and more people are sounding the alarms about what they call a “ticking time bomb” in the commercial real estate sector. But Jay Leupp, senior portfolio manager of Grubb & Ellis AGA, said there may still be opportunities for investors.
Stocks tumbled Monday as the dollar made a comeback and a key manufacturing gauge came in weaker than expected.
Stocks opened lower on Monday after a key manufacturing barometer showed factories continue to suffer in the slumping economy. And IMF chief Dominique Strauss-Kahn said that the worst may be yet to come for the global economic crisis. Read and listen to what the experts had to say…
John Merrill, founder & CIO of Tanglewood Wealth Management, and Brian Belski, chief investment strategist of Oppenheimer, shared their market strategies with investors.
The factory sector in New York state shrank at a worse rate in June than during May, the New York Federal Reserve said in a report on Monday. And the head of the IMF warned that the global economic recession may get even worse. What does it mean for the stock market? Art Cashin, head of floor operations at UBS, offered CNBC his insights Monday.
Stocks opened lower Monday as the dollar made a comeback and a key manufacturing gauge came in weaker than expected.
Commodities and commodity stocks remain under pressure as the dollar firms and traders continue to take profits. The dollar is firmer again as now Russia (third largest holder of dollars) affirmed the supremacy of the dollar, saying they will not "significantly" change the structure of its reserves.