Jonathan Stubbs, European equity strategist at Citigroup, and Charlie Morris, head of absolute return at HSBC, discuss whether there is value in mining shares amid restructuring in the sector.» Read More
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.
There are several "short-term tactical standpoint" plays to be made now, said Dean Curnutt, president of Macro Risk Advisors.
The recent stock market rally has not deterred investors from pouring millions into municipal bond funds. Weekly inflows have topped $900 million over the past few weeks according to AMG Data Services.
Stock futures have been weak overnight, though they popped off their lows when June Personal Spending came in slightly higher than expected, though still at a very low level.
It will take a couple of years to grow back into last year’s peak semiconductor sales levels, but there’s a good chance that sales will top forecasts this year, said George Scalise, president of the Semiconductor Industry Association.
Futures suggested stock would retreat Tuesday after a milestone session on Monday that sent the S&P over 1,000 for the first time since November.
Options action was bullish yesterday on Crocs and Owens Corning ahead of earnings reports by both companies this week.
Global stocks were lower Tuesday after reaching new year highs the previous day. But experts tell CNBC certain 'landmines' could cause markets to pull back in the second half of this year.
Better economic news keeps biting into the dollar, and it could for awhile. That trend is also propelling stocks, and on Monday, the S&P 500, the Dow and Nasdaq all closed sharply higher. They also all cracked big round numbers, with the Dow finishing up 1.25 percent higher at 9286, its first close above 9200 since November.
Stocks rallied Monday after a pair of encouraging reports on the manufacturing sector, strong bank earnings out of Europe and news that auto sales got a boost from the "Cash for Clunkers" program. All three major indexes were up about 1 percent and the S&P 500 was hovering around the 1,000 mark, the first time it's reached that level intraday since Nov. 5. Read and listen to what the experts had to say…
Jeff Layman, of BKD Wealth Advisors, and William Lefkowitz, of V-Finance, shared their best stock and sector plays for the dog days of summer.
Stocks rallied to their highest closes since November Monday following encouraging economic reports from the U.S. and abroad and following news that auto sales got a boost from the "Cash for Clunkers" program.