Kenny Polcari, O'Neil Securities, and Warren Meyers, Illustro Trading, discuss market growth going into 2014.» Read More
The uptrend in stock markets which started after they hit their lows in March has ended, Royce Tostrams, technical analyst at Tostrams Groep said Friday.
Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel. Plus, there was some window dressing as Tuesday marks the end of the second quarter.
Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel.
Goldman Sachs raised British bank Lloyds Banking Group to "buy" from "neutral," adding it to its conviction buy list, the bank said in a research note quoted by Reuters. Lloyds shared have topped the FTSE index Monday, rising nearly 7%.
Stocks rallied Monday as Bernie Madoff received the maximum sentence and oil topped $71 a barrel.
Wall Street eased into a holiday-shortened week with stock index futures pointing to a slightly lower opening Monday.
The head of the White House council of economic advisors is "more optimistic" that the US economy is close to stabilization, the Financial Times reported Monday.
The Dow capped another down week with a loss Friday as investors shrugged off a surge in consumer sentiment and instead focused on the fact that consumers are squirreling away their money at a feverish pace. But techs gained after encouraging earnings from Palm.
Stocks declined Friday as investors shrugged off a surge in consumer sentiment, instead focusing on the fact that consumers are squirrel away their money at a feverish pace. But techs gained after encouraging earnings from Palm.
Futures pointed to a lower open for Wall Street Friday, despite the fact that stocks in Asia and Europe rallied on the back of higher commodities and metals prices.
Global stocks rose on Friday as metal and oil prices gained. Experts tell CNBC the rally still has legs and it's time to buy, buy, buy.
Stocks had their best day in weeks Thursday after solid demand for another Treasury auction and encouraging earnings reports from retailer Bed, Bath & Beyond and homebuilder Lennar.
Stocks rebounded Thursday as an unexpected profit from Bed, Bath & Beyond buoyed consumer stocks — and hopes for an economic recovery.
Stocks rebounded Thursday after a lower open as weekly jobless claims came in higher than expected.
Futures indicated a slightly negative open for Wall Street Thursday after the Federal Reserve cautioned that the U.S. economy would remain weak for a time, adding concerns about the sustainability of a recent recovery.
Big U.S. banks like Citigroup and Bank of America are attractive because there is no chance of them failing, Ron Ianieri, chief market strategist at ION Options said Thursday.
Global stocks were mixed Thursday after the Federal Reserve cautioned that the U.S. economy would remain weak for a time, adding concerns about the sustainability of a recent recovery.
The Dow fell for a fourth straight day Wednesday after the Fed said it expected to keep interest rates exceptionally low for an extended period.
Stocks bounded higher Wednesday, with the Dow up about 1 percent, as investors cheered the better-than-expected jump in durable-goods orders and shrugged off a weak new-home-sales report.
Futures jumped Wednesday after a better-than-expected rise in durable-goods orders.