The biggest complaint is the vicious moves in either direction. As one veteran trader told me this morning: "What I buy on Monday, goes down on Tuesday..what I short on Tuesday, goes up on Wednesday."
Stocks fell sharply Thursday as oil clawed back some gains and a report showed jobless claims unexpectedly rose last week.
Yesterday, Kohl's and JC Penney reported August same store sales slightly better than expected. Today Wal-Mart, Target, Gap, American Eagle (reaffirms third quarter guidance), Pacific Sunwear all reported sales above expectations. However, department stores did not fare as well.
From The Seattle Times: "Air Force tanker guidelines to come next week". That was written August 21st. Wrong. From The Financial Times: "An announcement of the requirements, or request for proposals, could come as early as tomorrow." That was written Monday. Also wrong.
The Dow fell on Tuesday, despite a steep decline in the price of oil. Also investors hammered energy and materials companies. Has the commodity bubble popped?
Stocks may have had a tough summer, but Wall Street is gearing up for an even rougher fall.
Many of the world's wealthiest people have moved their money out of stocks and bonds and into cash, the head of HSBC's Swiss private banking unit said.
After a rough summer, Wall Street is gearing up for an even rougher fall as the financial crisis, housing slump and economic pressures show no signs of abating.
There will likely be some relief on Wall Street after it appeared that Hurricane Gustav hadn't damaged the Gulf Coast as badly as many feared — and in turn sent oil prices falling sharply.
Toyota cut its 2009 vehicle sales forecast by nearly 7 percent as high fuel prices hammered demand. In this Web Extra find out how to play autos on the news!
Following are the day’s biggest winners and losers. Find out why shares of Amylin and Las Vegas Sands popped while Williams-Sonoma and DSW Inc. dropped.
Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $116 a barrel after earlier topping $120.
The Dow rose on Wednesday as surprisingly strong data on durable goods orders soothed some concern about the sluggish economy.
Stocks finished higher in feather-light trading Wednesday, boosted by a rise in financials and energy stocks, as well as a better-than-expected durable-goods report.
With Labor Day weekend coming this week, the markets have had a tough summer. Is this a normal part of "sell in May" or is this year different? Here's how this year compares.
Cramer makes the call on viewers' favorite stocks.
Do you believe that financials, pharma and telecom can maintain through an economic downturn? If so, you might want to take a look at the Dow Industrials where some of the largest companies in the world are currently offering investors notably large dividend yields.
The market ends the week mixed as oil retreats and the dollar continues to strengthen. The NASDAQ and tech lead the way for stocks, up almost 1.6% for the week, followed by the S&P roughly flat, and the Dow lower for the week by almost a percent.
Both bidders in the $35 billion tanker competition met with Pentagon officials and said their piece over the new request for bids (the "RFP"). The difference in their responses afterwards may give you a clue as to how it went.
Boeing is keeping all of its options open in the air refueling tanker competition, disagreeing with an Aviation Week report that it is "strongly considering" dropping out, and your responses on American Airlines' flight attendant investigation.