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Futures rallied a few points as the second estimate to GDP estimate comae in at 1.6 percent for the second quarter, higher than the 1.4 percent increase expected. This is the second data point a bit better than expected in as many days (following yesterday's initial claims report for the week) and breaks a string of worse-than-expected economic news.
U.S. stock index futures edged higher before the bell Friday ahead of a key speech from Federal Reserve Chairman Ben Bernanke and the latest measure of second-quarter economic growth data.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Share your opinion in today's poll.
American taxpayers reap a sizable profit from a government program devised to purge troubled real estate assets from the financial system, the NY Times reports.
Investors need to be very careful about investing in risky assets as markets remain in a state of "heightened alert", said Simon Warner, head of macro markets at AMP Capital on CNBC's Protect Your Wealth.
The Katrina anniversary is all about contrasts. More than one resident has called it a tale of two cities and, as cliched as that phrase may be, it certainly applies here. Unemployment is below the national average, but poverty is twice the national rate.
The Dow lost its grip on 10,000, ending near session lows Thursday as trading was light and investors braced for two events Friday: the latest reading on second-quarter GDP and a speech by Fed Chairman Ben Bernanke.
Hewlett Packard raised its bid for 3Par to $27.00 a share, a value of $1.8 billion on Thursday.
Trader's lament: oversold, but no bounce in prices...or volumes. We are oversold; big material, industrial and bank stocks have not had a good month. Some big names are down 10 percent this month. Here's the problem...
This is a contested situation where you want to maintain being the superior bid. Dell is clearly saying that 3PAR is a strategic asset for the company because of its cloud-based storage.
Stocks have fallen almost 4 percent this month after a 7-percent gain in July. So what’s next and how do investors play it? Charles Carlson, CEO and portfolio manager of Horizon Investment Services, shared his best plays.
For those who fear stocks and bonds, take a look at closed-end funds, said Maury Fertig, CIO of Relative Value Partners.
Stocks retreated Thursday after an early pop following a report that showed jobless claims fell last week.
Stocks climbed higher Thursday, after a report showed jobless claims fell last week. Does this mark an end to the pullback? Jeffrey Kleintop, chief market strategist at LPL Financial, and Bill Smead, CEO and CIO of Smead Capital Management, discussed their insights.
Here's why you should keep a close eye on these six stocks.
Members of the Federal Reserve, led by chairman Ben Bernanke, are meeting at their annual symposium in Jackson Hole, Wyo. All eyes and ears will be on Bernanke's remarks to the group on Friday, which will be his first public comments since the Fed announced it will use proceeds from mortgage bonds to buy Treasury securities.
Guidance for FY 2011 is for operating profit growth better than 2 percent. But with North America still contributing about 40 percent of the profits, even that lackluster guidance may not be a slam dunk.
U.S. stock index futures pointed to a slightly higher open Thursday on the back of a positive close for the major indexes in the previous session, as investors braced for the government's weekly read on jobless claims.
Here's what analysts and others say they're watching before the bell Thursday.