After a week of high-octane turbulence, stocks have a good chance of drifting higher in the week ahead, giving the year a bullish finale.» Read More
Stocks tumbled Wednesday following disappointing readings on the service sector and employment situation, as well as a cautious outlook from Dow component P&G.
This market is hanging in there nicely and investors should go back to the "buy the dips" strategy, said Alan Valdes, vice president of Hilliard Lyons.
Are job losses greater than those being reported? TrimTabs, in a press release this morning, are estimating the U.S. economy lost 488,000 jobs in July, more than the estimate of 328,000 jobs lost. The nonfarm payroll report will be released on Friday.
Futures dropped slightly as the July ADP report showed job losses slightly greater than anticipated (loss of 371,000 jobs vs. 350,000 loss expected), but the slowest rate of decline since October of last year. Nonfarm payrolls, out Friday, is expected to see a loss of 328,000 jobs.
With investors buying stocks and commodities and using the dollar as a carry trade, global stocks are just at the beginning of a significant trend higher, Chris Zwermann, global strategist at Zwermann Financial said Wednesday.
Stock index futures pointed to a slight rise Wednesday, despite a drop in shares for Dow component Procter & Gamble and a sharp rise in planned layoffs for July.
Allstate is scheduled to report second-quarter earnings after the closing bell today, and some investors are wagering on a move higher.
Global stocks drifted lower on Wednesday after reaching new 2009 highs earlier in the week as investors braced for more earnings results. Experts tell CNBC they are bullish on stocks.
Stocks ended flat Tuesday as investors took a breather after Monday's blockbuster rally. Bank and airline stocks were bright spots, while investors sold tech, materials and energy. Pending-home sales jumped 3.6 percent in June, beating expectations. It was the fifth straight monthly gain and the longest such streak in six years. Read and listen to what the pros had to say...
Stocks are at a pivotal point that has some traders looking for a pullback but others afraid to be caught short.
Copper is trading at a 10-month high on global demand. Peter Kenny, managing director at Knight Equities, told investors how to trade and make money from the commodity.
Stocks ended flat Tuesday as investors took a breather after Monday's blockbuster rally.
The economy is going to show growth in the third and fourth quarters, said Tommy Williams, president of Williams Financial Advisors, and Janet Engels, director of private client research at RBC Dain Rauscher.
Interest rate sensitive stocks are the market leaders today. Banks, REITs, and home builders are all strong intraday. The advance in REITs is curious, since the fundamentals on commercial real estate remain poor.
With the NASDAQ enjoying a sizable surge over the past couple of months, momentum plays seem to be back on the radar for many investors.
Stocks struggled to stay in positive territory for any length of time Tuesday as profit-taking after Monday's blockbuster rally overshadowed a fifth-straight rise in pending-home sales.
Daniel Loeb's Third Point fund, with $1.8 billion in assets under management, has had a successful second quarter. In its most recent letter to investors, acquired by CNBC, the hedge fund reports the following returns and holdings.
This health care plan that the government is proposing is going to cost a lot more than what people think, said Arthur Laffer, chairman of Laffer Associates.
Deja vu: on the surface, today's trading looks a lot like the markets a week or so ago-but things have changed since then. Recall that at the beginning of last week, stocks had just completed a big, two week rally that took the S&P 500 up 11 percent-in two weeks!
Stocks bounced back from a lower open Tuesday after a surprisingly sharp jump in pending-home sales.