Stock index futures slide on Thursday.» Read More
Stocks rallied to the finish line after another volatile session as signs began to emerge that credit markets may be defrosting. The Dow gained more than 400 points.
Is a second Bretton Woods coming? Mr. Sarkozy, the French president, met with President Bush over the weekend. They agreed to a series of summit meetings in the next few months to discuss common strategy for the global economy, but don't kid yourself: behind that innocuous goal, Mr. Sarkozy is clearly pushing for a change in the way capitalism is practiced.
Stocks were higher in a wobbly session as investors digested remarks from Federal Reserve Chairman Ben Bernanke and Treasury Secretary Hank Paulson.
This economic slowdown couldn’t come at a worse time for retailers and electronics manufacturers — The holidays are typically their biggest earnings period. But you know what that means: Sales!
Recapitalization of European banks is continuing: ING took a 10 billion euro ($13.5 billion) cash influsion; French banking giant Societe Generale was down on capitalization concerns; Sweden outlined a $205 billion plan to support its banks. Secretary Paulson will speak at 11:30am ET, giving details of the application process for the capital purchase program. Also: Oppenheimer is upgrading all the big oil and gas names this morning.
If the Dow Jones Industrial Average does not close above 10,625 this month, it will be in a multi-year bear market and likely to be closer to the 5,000 level once the recession is over, a strategist told CNBC Monday.
Following are the “Fast & Furious” trades - hot ways to play next week's market moving events.
If there’s one single question circling Wall Street that gets a trader’s attention every time it’s this.
David Dreman, chairman and chief investment officer at DremanValue Management, says we’re in one of the worst panics we’ve ever been in but there are major values around.
A growing body of statistical and anecdotal evidence suggests that demand for televisions, computers, cameras and other electronics is falling sharply, say the New York Times.
Stocks ended lower as hoopla over the government's plan to buy stakes in the nation's largest financial institutions died down and worries about earnings crept in. The Dow ended down just 75 points after swinging in an 850-point range. The tech-heavy Nasdaq lost 3.5 percent.
Yes, Virginia, earnings matter. The focus has been on the credit & macro backdrop; this has obscured fundamentals. The problem now is that it is difficult to say what is priced in.
...So goes the market? It sure looks that way. Plus, Cramer offers his take on what might be a great value play.
Apple touched up its line of laptop computers Tuesday with a minimal nod to the economic turmoil that might push consumers to be more frugal this holiday shopping season.
Wall Street roared back from its worst week ever with one of its best single days ever on Monday...
Stocks bounced back from their worst week ever with one of their best performances in history as investors cheered a global cash infusion designed to unthaw the credit market and avoid a global meltdown. The Dow gained more than 900 points, its biggest one-day point gain ever.
Cramer responds to calls made by legendary investor Julian Robertson.
Stocks bounced back from their worst week ever as investors cheered a series of measures and cash injections by governments and central banks designed to prop up the banking sector and avoid a global meltdown. The Dow was up nearly 500 points, or more than 5.5 percent.
Multi-millionaire investor Julian Robertson told CNBC that the United States is "just getting into the recession,” and that the poor economy will last as long as 10 to 15 years.
Shana Orczyk, research analyst at Peak Financial Management, said if we have not hit the market bottom yet, we're close.