Companies making headlines after the bell Thursday:» Read More
If you've got time on your side, now just might be the best time to jump into the market.
You knew it was going to happen. I've noted that energy and material stocks have notably outperformed the rest of the market for the past several days.
Mr. Daschle has long been involved in health care reform, even going back to the early 1990s when he played a part in Sen. Hillary Clinton's early efforts. He wrote a book on the subject: "Critical: What We Can Do About The Healthcare Crisis."
Congressional wrangling over an auto-industry bailout continued to dominate expectations on Thursday, complicated by more downbeat data about initial claims for unemployment benefits. But some analysts interviewed by CNBC found diamonds among the lumps of coal.
Futures dipped a few points as jobless claims hit a 26-year high. But the big topic on trading desks is the dollar, which may be weaker on expectations the U.S. will ease interest rates next week, so commodities and some commodity stocks (notably gold) are stronger.
Global markets were wobbly Thursday, hurt by uncertainty over a $14 billion rescue plan for U.S. automakers. In the midst of the increased market volatility, experts interviewed by CNBC advise investors to stay cautious and diversified to survive the bear market.
Shares in European automotive companies traded lower Thursday after Morgan Stanley revised down its ratings and price targets for most of them.
The Dow Jones Euro Stoxx 50 is set for a year-end rally of up to 15 percent and investors can take advantage by picking up stocks like Aegon, Siemens and Heineken, technical analysts told CNBC.
Further economic data out of China showed the country was at risk of falling into a deflationary period. Chinese consumer price inflation fell to a 22-month low of 2.4 percent in November, sparking a fresh commitment from the government to take steps to reinvigorate the economy. Experts tell CNBC the country still has attractive prospects.
The auto industry bailout will drive the market again Thursday as lawmakers haggle over the details of a temporary rescue plan for the big three.
The market may seem boring today, but look under the hood--something is happening. That "something" is rotation: traders are looking to buy some stocks and sectors, and sell others.
Commodity producer Rio Tinto up 20 percent pre-open, laying off 14,000 globally, reducing capital expenditures, and revise production expectations for copper, iron ore and aluminum downward.
Hopes that governments worldwide will aid ailing industries and implement stimulus measures to fight against a deepening economic crisis lifted Asian stocks Wednesday. Experts tell CNBC an end is near for the economic gloom.
A tentative deal has been reached between the White House and congressional Democrats regarding a $15 billion proposal for bailing out the U.S. automakers. But CNBC's experts are skeptical on the measures and reckon the markets' positive reaction to the news will be unsustainable.
The S&P 500 is hovering below a key level that could spell a sharp rally toward 1,100 or further weakness, Chris Locke, MD of Oystertrade.com Management, told CNBC Wednesday.
Becoming a value investor takes time. But the rewards can be worth it.
The stock market's Santa rally has been temporarily grounded as a winter chill continues to swirl around credit markets.
Toward the close, the indestructible Wal-Mart announced that they were suspending their stock repurchase program due to the economy and credit market instability. OK, it's not a big deal, there was only $5 billion left in the program to re-buy, and Target has already suspended their program, but it is emblematic of the problem.
FedEx's commentary are making a lot of the people in camp 2) move into camp 3), because they are implying that global demand is softer than expected a month ago, and getting worse, implying a longer period of bumping along the bottom than some anticipated.
Sony said it would cut 16,000 jobs, half full-time and half part-time. That’s about 4 percent of its full time workforce. Their music players are facing tough competition from Apple and flat-screen TV sales have been declining.