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Stocks snapped a five-day winning streak Friday as a sharp drop in oil prices and profit-taking offset an improvement in consumer confidence and a rosier outlook from economic bellwether FedEx. Still, for the week, stocks gained 1.7 percent.
Stocks struggled Friday as a sharp drop in oil prices offset an improvement in consumer confidence and FedEx's raised outlook. Plus, there was some profit taking after a five-day rally, the market's longest run since November. Meanwhile, gold hit a seven-month high above $1,011 an ounce as investors were looking for a hedge against the dollar's slide. Read and listen to what the experts had to say...
Today, Steve Jobs added a high degree of class not just to the Apple story, but his personal story too. When he came out to thunderous applause, a standing ovation, who knew what to expect? Certainly not the emotion and candor from a guy who's made living like a recluse an art form.
This is the live blog from the Wednesday's Apple event with Steve Jobs making a long awaited appearance. The first post is at the bottom of the page and works up to the most recent.
The fall TV season starts this week and this year it'll be easier than ever to find all that content online-on Hulu. I sat down with Jason Kilar, the CEO of the two-year-old startup to hear where he thinks the company-and the industry-is headed next.
Every financial planner tells you to have one, but they never tell you what to do with it.
All major U.S. indices closed to the upside on Friday, as less than expected job losses in August led investors to focus on the positive side of a mixed payroll report, which showed that the unemployment rate jumped to 9.7%, or its highest level since 1983.
Despite a global recession, emerging markets have recently been up four times the amount of the S&P 500. So can investors still take advantage of the run up in foreign stocks?
Stock and options trading turned bearish on Netflix today as investors worry about potential competition from online streaming giant YouTube. Aggressive put buying drove options volume in NFLX to twice the average level as investors looked for downside over the next 2.5 weeks.
Should investors brace for a market correction? Brett D’arcy, CIO of CBIZ Wealth Management shared his market insights.
Every bull market owes its success to a select group of stocks and sectors at the forefront of the move. Owning them is a great path to profits. Here’s how it’s done.
The CBOE Volatility Index, widely considered the best gauge of fear in the market jumped 12 percent to 29.15 on Monday, its highest level since early July, suggesting traders expect more volatility. Brian Stutland, president and trader at Stutland Equities shared his market insights with investors.
September will be a rocky month for investors, but here's how you can protect your portfolio, Tommy Williams, president of Williams Financial Advisors and Jim Lacamp, portfolio manager and advisor at Macroportfolio Advisors told CNBC.
Google's Gmail service was knocked offline Tuesday in an outage that the company said affected a "majority" of its millions of e-mail users, including consumers who get Gmail for free and businesses that pay for a version for their employees.
EBay plans to announce on Tuesday a deal to sell its Skype Internet calling division to a group of private investors, according to two people briefed on the company’s plans, the New York Times reported.
Both the Dow and the S&P 500 sold off Monday after a sharp drop in China’s stock market left investors worried that asset prices had raced ahead of an economic recovery.
Microsoft’s No. 1 rival is a household name, Google. But a strong candidate for No. 2 is a company that is scarcely known outside the technology industry: VMware.
Investors do not need to worry about a correction in the near-term, said Marc Pado, U.S. market strategist at Cantor Fitzgerald and Eugene Peroni, senior vice president and portfolio manager at Advisors Asset Management.
Goofy videos weren't on the minds of Len Kleinrock and his team at UCLA when they began tests 40 years ago on what would become the Internet. Neither was social networking, for that matter, nor were most of the other easy-to-use applications that have drawn more than a billion people online.
The S&P 500 and Dow index broke 8 days of consecutive gains on Friday, after an economic report showed consumer sentiment in August dipped to a 4-month low. Despite of Friday's slight pull-back, all major US indexes are on track to close up 2.5% or greater for the month.