This morning, M & A activity and the hope that The Fed will stay on hold tomorrow pushed up stocks--though modestly. On “Morning Call” Liz Claman discussed the market’s current strengths and weaknesses with Nick Raich, Director Of Research at National City Private Client Group and Stephen Wood who is Portfolio Strategist At Russell Investment Group..
It's nearly 2007 - time for investors to begin repositioning their portfolios for the upcoming year. This morning SmartMoney Magazine took a look at where to invest during the next 12 months. On “Squawk Box,” CNBC’s Carl Quintanilla spoke with SmartMoney Senior Writer, Russell Pearlman about the magazine’s newly released investment picks.
A strong November payrolls report and weakness in consumer sentiment caused stocks to see-saw through much of the day. Analysts believe this volatility likely will continue.
Stocks fell after trading in a narrow range all day while investors waited for Friday’s jobs report, the last key economic indicator before next week's Federal Reserve meeting.
Looking for signs of a bottom in the U.S. housing business has become a full-time obsession on Wall Street--but there's precious little evidence we are there. Credit Suisse put out their monthly survey of new and existing home sales trends this morning. Conditions remained unchanged in 62% of markets surveyed improved in 19%--and deteriorated in 19%.
Stocks closed modestly lower as investors took a pause ahead of Friday's key employment report.
Stocks closed higher following mostly positive news about the U.S. economy and gains from several major blue-chip companies.
Markets in Asia finished mixed with Tokyo and Seoul closing lower but Hong Kong and Singapore rallying.
Stocks closed sharply higher on a big day for corporate mergers, but investors may turn their attention back to the economy on Tuesday.
The holiday spirit may have been evident for those storming retail outlets over the weekend--but the same is decidedly NOT true for stocks. They are suffering through their worst day in at least 4 and 1/2 months.
The slowing U.S economy will avoid falling into recession, while energy, large-cap industrial conglomerates and software will likely outperform the overall market in 2007, Goldman Sachs strategist Abby Joseph Cohen told CNBC’s Maria Bartiromo in an exclusive live interview on cnbc.com’s home page
The yield curve has not been this inverted (where short term interest rates are higher than long term) since December of 2000--and the last time around--that level of inversion foreshadowed a steep decline in the equity market.
Good morning. We're ready to begin what we trust will be a daily visit for all of you. In Play by Play--you'll find the latest interviews as well as breaking news and great stories from CNBC-TV. Even if you caught it on TV--you'll get that much more right here. Let's start with our quote of the day...
Asian markets are mostly lower in the afternoon session.
Ruth's Chris Steak House became Ruth's Chris Steak House--after Ruth Fertal bought Chris Steak House in New Orleans, Louisiana. That was in 1965 and she paid $22,000 for the restaurant (she combined the names). Now--the high end eatery has 100 locations around the world. And it seems the steak business is sizzling. The stock was up about 2 percent today.
Forget a Santa Claus rally. Investors might just want to hold onto their hats. Because if the past few days are any indication, stocks could be in for another choppy week.
There's a billion dollar side benefit to the stock market's fourth-quarter march into record territory: 2006 looks to be one of the best years for initial public offerings since the end of the dot-com boom.
Stocks skidded Friday after a key survey showed manufacturing unexpectedly contracted in November,stoking concerns about a weakening economy.
The weak ISM number--indicating contraction in manufacturing orders--has revived concerns about the "soft landing" in the U.S. economy. Weakness in the economy is not just in housing and autos but appears to be a bit more widespread.
European shares extended losses on Thursday after a report showed business activity in the U.S. Midwest contracted in November for the first time in 3 1/2 years.