Some of the names on the move ahead of the open.» Read More
Even Byron Wien doesn’t expect to be as right in the future as he has been this year. Wien is the Senior Managing Director at the Blackstone Group, and if you’re not familiar with his Top 10 list, every year at the beginning of January the famed market strategist releases his surprises for the coming year. Now, as we wrap up October, it is amazing to go back and look at his list for 2009 and how accurate he was.
Time for our weekly tick by tick of charts with Jordan Kotick, Global Head of Technical Analysis at Barclays.
I have been asked repeatedly why the dollar is dropping on good U.S. economic news. In a U.S.-centric world, positive U.S. economic data would indeed be dollar-positive. But we don't live in a U.S.-centric world any more, we live in a global world.
Some strong earnings news and positive economic reports helped boost markets on Thursday. Should investors be preparing for a rally to finish the week? Jack Ablin, CIO of Harris Private Bank, shared his market outlook.
Venture capital is back with a vengeance! For investors, this is good news with evidence growing of better times to come in both the economy and market. During the third quarter, venture capital investments surged 17% from the previous quarter.
Markets opened higher on Thursday after a report showed jobless claims dipped in the last week and the economy grew more than expected last quarter. Art Cashin, director of floor operations at UBS Financial Services, shared his insights.
Stocks rallied Thursday, rebounding off of the prior session's rout, after reports showed the economy grew more than expected last quarter and jobless claims fell.
S&P 500 futures popped about 7 points as the initial Q3 GDP showed growth of 3.5 percent, above consensus of 3.2 percent. Also helping: continuing jobless claims fell to their lowest levels in seven months.
The US economy is still dependant on government money and the recovery will not be sustainable until private companies are willing to spend more, Richard Cookson, global head of asset allocation at HSBC, told CNBC Thursday.
Futures pointed to a positive open for Wall Street on Thursday ahead of the all-important U.S. third-quarter gross domestic product data.
Shares of CBS have fallen 16 percent in the last week, but option traders were bullish on the network yesterday.
The price of gold could be in the middle of a major turnaround and could be heading lower, toward $1,015 per troy ounce and possibly $980, Chris Zwermann, global strategist from Zwermann Financial told CNBC Thursday.
Global stocks were mixed on Thursday, with Asian shares closing lower, while European shares edged up to trade flat on the day, ahead of U.S. third-quarter GDP data. Experts told CNBC that despite an expected rise in activity in the world's largest economy, oil is still susceptible to a drop in price.
Economists forecast the GDP number to show growth anywhere from just under 3 percent to as high as 4 percent - the first positive growth for the U.S. economy since second quarter, 2008.
Stocks tumbled to session lows late Wednesday, with the Dow down more than 100 points, as worries about the recovery gripped the market.
Stocks fell on Wednesday, despite positive economic data and some good earnings news, as investors worried about the recovery dragged on the market. Ted Parrish, co-portfolio manager at Henssler Equity Fund told investors what to expect from this point.
ConocoPhillips reported a 71 percent decline in its quarterly profit. Other oil giants including Chevron and Exxon will announce results later on this week. What should investors expect? Tina Vital, integrated oil and gas equity analyst at Standard & Poor’s U.S. Equity Research, shared her outlook.
Stocks were lower at the halfway point Wednesday as investors shrugged off some good news and worries about the recovery gripped the market.
After reporting a solid profit in the fourth quarter, this firm is set to grow more than 20 percent going forward, said Rick Shane, an analyst at Jeffries & Co.
Stocks fell last week and have continued to slide this week, prompting speculation that this may be the beginning of a correction. What does this mean for the overall markets going forward? Adam Bold, founder and CEO of the Mutual Fund Store and Joe Kinahan, chief derivatives strategist at Thinkorswim shared their insights.