Scott Campbell, MD & CIO at Miton Optimal, explains why he stays negative on emerging markets for now despite relatively cheaper valuations compared to U.S. stocks.» Read More
Stocks ended slightly lower Tuesday, though the Nasdaq eked out a gain. And Citigroup shares soared.
Companies that provide laboratory services are down late in the day on talk that the the new Senate Finance Committee bill on healthcare will contain a co-pay for labs that will save some $20 billion over 10 years, which may put pressure on profits of those companies.
Despite speculation that General Electric's* financial arm could need additional capital down the road, the company's shares have the potential to double over a three-year period, said Jack De Gan, CIO of Harbor Advisory Portsmouth. *(GE is the corporate parent of CNBC.)
Again, the watchword for stocks is-RESILIENCY. For the fourth day in a row, the S&P 500 is coming off its lows for the day and moving toward the highs late in the day.
Stocks skidded Tuesday after a weak consumer confidence report amid job market fears. Investors weighed another batch of disappointing earnings results against stronger home prices. Read and listen to what the experts had to say...
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
The silver market is outpacing gold this year, and for those looking to buy into the metal, there's now a new method. Graham Tuckwell, founder and chairman of ETF Securities, told CNBC his company offers advantages to the market as a whole.
Right now, investors should be concerned about stagflation and not inflation, said Carrie Coghill Kuntz, president and co-founder of D.B. Root & Company.
Steve Forbes, CEO of Forbes Inc., and Rudolph Giuliani, former mayor of New York City, offered CNBC their insights into health care reform, energy policy including cap-and-trade — and the Obama administration's Achilles heel.
The conspiracy theorists are out in force today: lots of "I told you so!" going on today as traders point to a front page story in the WSJ which says that the Commodity Futures Trading Commission (CFTC) will issue a report blaming wild swings in oil prices on speculators.
Senior telecom analysts Christopher King of Stifel Nicolaus and David Dixon of RBC Capital Markets offered investing advice for the telecom sector.
The Dow opened down 53, but that is the low for the day, so far...it's been straight up from there and the index has now gone green, led by industrials like Boeing, our parent GE, Caterpillar, United Technologies, and a few consumer stocks like Kraft, Coke, and P&G.
Western Digital saw heavy trading in both stock and options yesterday ahead of its earnings report after the market closes today.
Stock futures drifted slightly lower ahead of the open Tuesday as investors waited for the next batch of earnings and key economic data.
If the S&P 500 index manages to hold above 945 in July, then the rally has further to go over the next few months, Roelof van den Akker, chartist at ING Wholesale Banking, said Tuesday.
Global stocks rose again Tuesday as investors grew more confident on improving earnings. Experts tell CNBC the non-stop pace of the rally could suggest it is getting overdone.
Another flood of earnings news will help guide Tuesday's market, after stocks held steady Monday.
Stocks eked out a gain Monday as banks got a boost from a jump in new-home sales. Stocks had struggled for much of the day as investors worried about a a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
Stocks move sideways in a test of recent market strength. Like Friday, stocks sold off mid-morning, but almost immediately began bouncing back. The major indices have broken into positive territory late in the day. Volume is light.
The Dow poked into positive territory Monday afternoon, led by Bank of America, as a jump in new-home sales buoyed bank stocks. Still, the blue-chip index struggled to stay above water as worries about a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.