CNBC's Bob Pisani and Art Cashin, the director of floor operations at NYSE for UBS, react to Thursday's market moves.» Read More
Oct 14- The U.S. market has been hit hard in recent days, with the S&P 500 registering its worst three-day slide since 2011, before buyers emerged on Tuesday. On Monday, the benchmark S&P 500 closed below its 200- day moving average, an important measure of the longer-term trend in the equity market, for the first time since Nov. 16, 2012. "This is the most back-and-forth...
*Wall Street stocks tumble for third straight session. NEW YORK, Oct 13- Stocks on Wall Street tumbled in late selling on Monday as the technical picture soured for the S&P 500, while the U.S. dollar posted its worst day in a year after comments from Federal Reserve officials hinted at delays in expected interest rate hikes. "There's been a lot of focus on breaking...
*Trade data eases worries over China slowdown. Stronger-than-expected data out of China gave the bulls some respite, but traders remained cautious after numbers out of China and Germany last week pointed to a global slowdown. "The fact we broke 1,900 on the S&P, the 200- day moving average, if we don't close above there today, that means the trip to lower levels is...
CNBC.com Finance Editor Jeff Cox explains a bearish call by technical strategist Abigail Doolittle, who's predicting a big surprise drop in the S&P 500.
NEW YORK, Oct 7- The dollar fell against the yen for a second straight session on Tuesday, retracing most of its gains posted following last week's robust U.S. nonfarm payrolls report, but the decline came as no surprise after five straight weeks of rises. "While some shorter-term charts suggest the dollar rally may finally take a breather this week, the fundamental...
NEW YORK, Oct 2- U.S. stocks ended flat in a volatile session on Thursday as energy stocks rebounded and investors bought beaten-down shares, especially small caps. Earlier, it had briefly dipped below its 150- day moving average, a level it hasn't closed below since November 2012. The CBOE Volatility Index, Wall Street's favored gauge of investor anxiety, closed at...
NEW YORK/ LONDON, Sept 26- Gold fell on Friday as a dollar-driven rally encouraged by U.S. economic growth dimmed bullion's investment appeal, sending the metal's prices toward a key support level at $1,200 an ounce. Bullion posted its fourth consecutive weekly loss, its longest losing streak since April 2013, after the U.S.
WASHINGTON, Sept 26- The U.S. economy grew at its fastest pace in 2-1/ 2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year. "It increases our confidence that strong growth is obtainable in the second half of this year," said Chris Rupkey, chief financial economist at MUFG Union Bank in New York.
WASHINGTON, Sept 26- The U.S. economy grew at its fastest pace in 2-1/ 2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year. The Commerce Department on Friday raised its estimate of gross domestic product to show the economy expanded at a 4.6 percent annual rate.
WASHINGTON, Sept 26- The U.S. economy grew at its fastest pace in 2-1/ 2 years in the second quarter and activity was broad-based, in a bullish signal for the remainder of the year. The Commerce Department on Friday raised its estimate of gross domestic product to show the economy expanded at a 4.6 percent annual rate.
John Kosar, Asbury Research, explains what is technically behind today's market selloff.
*Indexes off: Dow 0.8 pct, S&P 0.9 pct, Nasdaq 1.3 pct. NEW YORK, Sept 25- U.S. stocks were sharply lower on Thursday, with the S&P 500 falling back under its 14- day moving average, and Cantor Fitzgerald expects that weakness to continue, saying it has turned bearish on U.S. stocks. Index snapshot at 10:19 EDT:.
Tim McCullough, technical strategist at Lloyds Bank Commercial Banking, explains what the Russell 2000 reaching the "death cross" means, and discusses whether it is time to sell the index.
Katie Stockton, BTIG chief technical strategist, breaks out the charts and takes a technical view of why U.S. stocks are extending losses today.
CNBC Markets Reporter Dominic Chu explains what a "Death Cross" is, and when traders pay attention to them.
HONG KONG, Sept 18- Hong Kong shares finished lower on Thursday after weak Chinese housing data heightened concerns of a deepening downtrend in the property sector that is weighing on the broader economy. China Resources Land sank 2.8 percent, a leading percentage loser on the Hang Seng, and China Overseas Land& Investment shed 1.8 percent.
CNBC's Dominic Chu looks at what trend lines of the Russell 2000 signal to investors.
Venture capitalist Bill Gurley told the WSJ Silicon Valley is taking on an excessive amount of risk. Stephen Hammers, Compass EMP Funds CIO, and Gene Peroni, Advisors Asset Management SVP, provide perspective.
Craig Johnson of Piper Jaffray explains why the technicals lead him to believe the S&P 500 will hit 2,350 by the end of 2015.
Larry Summers thinks Scotland should vote no for independence, saying it would be a "grave mistake." CNBC's Michelle Caruso-Cabrera explains the potential immediate aftermath depending on the outcome of the vote.