Stocks fluctuated within a narrow range Friday morning as investors considered a surprisingly small jobs gain in January amid a slew of stronger economic reports out earlier this week. JPMorgan and Bank of America fell, while Home Depot rose.
Arguably, the United States now has a corporate tax code that’s the worst of all worlds. The official rate is higher than in almost any other country, which forces companies to devote enormous time and effort to finding loopholes. Yet the government raises less money in corporate taxes than it once did, because of all the loopholes that have been added in recent decades. The New York Times reports.
Stocks struggled for direction on Wednesday as clashes between government supporters and protesters in Egypt weighed on the market amid news of a better-than-expected gain in private-sector hiring last month. Merck and BofA fell, while Disney rose.
"All the trading on Egypt happened last week," says Ben Willis of Sunrise Securities.
Cramer makes the call on viewers' favorite stocks.
What follows is a roundup of corporate earnings reports for Wednesday, Jan. 26.
Stocks closed modestly higher, but the Dow lost ground in the final minutes of trading to close below 12,000 after rising above and below that level much of the session. DuPont and Alcoa rose, while Boeing fell.
Plus, get calls on the “powerful bull market” taking place right now.
Great numbers, particularly considering the weakness in commercial real estate and defense in the U.S. Here's the problem: the stock is way up — the historic high for UTX is $82.50 in 2007 — we are right at the door on that number.
Stock index futures pointed to a higher open on Wednesday as investors gear up for the Federal Reserve’s policy statement and turn more bullish on remarks made by President Obama in his State of the Union address.
The market is up roughly 3 percent in January, but expect stocks to consolidate in February, warned Tobias Levkovich, chief U.S. equity strategist at Citi.
Stocks are seeing some of their loftiest gains deflate, and that could continue as investors weigh dozens of major earnings reports and a fresh series of economic news in the week ahead.
Why the "Mad Money" host will be listening to these earnings reports in particular.
Despite the public relations reality of the China-US trade deals, the $45 billion is real money, and some high-profile companies are now a lot better positioned in China than they were a week ago.
Big is better this year, especially multinationals in energy, health care , tech and industrials. "Don’t be underweight in global gorillas that are under loved,” says one strategist.
The Street is keeping a watchful eye on Washington this week with China’s president Hu Jintao making a state visit. What, exactly, does this trip mean for investors?
Stocks ended modestly higher as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Stocks continued to trade modestly higher ahead of the close Tuesday as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Short-term speculative pressures may drive up the stock market, but overall, it's still a "risky investment," said Robert Shiller, professor of economics at Yale School of Management and founder of Case-Shiller Home Price Index.
Stocks traded mixed amid worries over Apple's future as CEO Steve Jobs takes a medical leave of absence, and disappointing earnings results from Citigroup. Boeing and Caterpillar rose, while BofA fell.