Tim McCullough, technical strategist at Lloyds Bank Commercial Banking, says the yield on U.S. 10 year Treasurys could fall to lows of 1.80 percent.» Read More
Share your opinion in today's poll.
Stocks crossed an important threshold Monday to close sharply higher, but technicians are seeing mixed signals in the recent action.
Stocks extended a September rally by breaking through a long-held trading range to hit four-month highs a day before the Federal Open Market Committee meets. AmEx rose while Cisco fell.
While most point to a strong technical move as the primary mover this morning (the market moved when the S&P 500 passed Friday's high of 1131 to break out of its trading range to a 4-month high), the NBER announcement, which came out at 10:23am ET — as the market was heading up — may have been a help.
Stocks continued to add to gains Monday in a broad-based rally that pushed stocks to new levels, although trading volume remained thin. AmEx rose while Cisco fell.
There were two issues in particular where traders were looking for some flexibility: extending the Bush tax cuts for those making over $250,000, and toning down the "class warfare card" that vilifies the financial industry.
Investors who suffered through the worst August performance for stocks in nine years have turned to dividend-paying shares. Several under-$5 stocks still offer outsized dividend yields to those willing to take on additional risk. ...A report from TheStreet.
America eventually needs to see a complete overhaul of the tax system in the U.S., said Diane Swonk, chief economist and senior managing director at Mesirow Financial. She shared her insights on the economy.
Markets “hate uncertainty” and there’s still plenty of that going around, said Robert Doll, chief equity strategist at BlackRock. He shared his insights on the economy.
The CNBC Town Hall Meeting with President Obama is generating discussion on the Street. In an informal poll of several dozen traders and and strategists, traders mentioned three issues they wanted the President to address more than any other...
Stocks gained Monday as the S&P 500 broke through the top-end of a trading range ahead of a town hall session with President Barack Obama centered on the U.S. economy. American Express rose and Cisco fell.
Stocks opened higher Monday as investors awaited President Obama's comments on the economy and the Federal Reserve's policy meeting on Tuesday. Will stocks see a fourth week of gains? Art Cashin, director of floor operations at UBS financial services discussed his outlook.
Despite great concern about a double dip (which seems unlikely to materialize), the S&P 500 has been sitting at the top end of its recent trading range and seems poised to break out to a 4-month high.
The recent rally in gold prices looks set to continue and the precious metal could break above $1,500 before Christmas, John Meyer, head of resources at Fairfax IS, told CNBC Monday.
U.S. stock index futures gained ahead of the open Monday as investors looked to comments President Barak Obama on the economy and the Federal Reserve's policy meeting Tuesday.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
A growing number of people in their 50s and 60s who desperately want or need to work to pay for retirement are starting to worry that they may be discarded from the work force — forever.
Share your opinion in today's poll.
Strong investor demand for junk bonds has pushed the average price on such corporate debt to its highest level since June 2007, when companies could borrow with ease at the height of the credit boom, the Financial Times reports.
In the debate over the effect of the expiring Bush tax cuts on small business, it’s already possible to do the math. And the Obama administration is pointing to the tax savings that all small-business owners would reap from its own plan to extend the cuts at all but the highest income levels — if, that is, the alternative is letting the cuts expire altogether.