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Stocks declined Friday as the dollar advanced, sending oil and stocks lower. Plus, uncertainty over the health and financial-reform bills unsettled the market. Boeing rose. Palm tumbled.
Stocks fell Friday as the US dollar strengthened, after having opened higher on "quadruple witching": the expiration of four key futures and options contracts. Jack Bouroudjian, chief executive of IndexFuturesGroup.com and CNBC market analyst, discussed his outlook.
When talking about recovery in the UK economy, most look to London, the financial capital, for signs that things are getting better. But Manchester, one of the country's second- or third-biggest cities, depending on who you believe, would like to think it has something to do with it. And the latest figures show that.
Stocks turned lower Friday as the dollar strengthened and oil fell below $82 a barrel.
Stock markets are on the longest winning streak since August 2009—will they keep climbing today or will we see some profit taking by market close? Alan Knuckman, senior market analyst at Agora Financial and Phil Dow, managing director at RBC Wealth Management shared their views.
Our most recent study asked social media users questions such as, when, where, and how much time they spend on sites and services like FaceBook and Twitter. We were not surprised to learn how many people appear to be, shall we say, obsessed with checking in with their social media circles throughout the day and even the night. Not only did we confirm what most people suspect about a new generation of social media users (bordering on abusers), but we also detected an interesting trend where social media is providing many consumers with their morning cup of news.
U.S. futures drifted ahead of the open Friday, taking a breather from their recent strong gains, as investors braced for potential volatility because of quadruple witching - market index futures, market index options, stock options and stock futures expiring at the same time.
The Dow rose for an eighth straight day, ending near session highs after a late rally. Industrials led the way, with Boeing and 3M at the top of the Dow.
He said, she said, they said: Let the War of Words truly begin between Google's YouTube and Viacom. In an earlier post, I included some of the details of the documents that instantly caught my eye. The one I ended with is the one I should have began with, per Viacom's legal team, which tells me subsequent to the filing that this was a clear case of cashing in on someone else's hard work.
At this hour a New York Federal Court judge is releasing hundreds of documents connected to Viacom's billion dollar lawsuit against Google's YouTube.
The Dow pared its gains Thursday as the dollar advanced amid renewed concerns about Greece.
Soon, consumers will be depositing paper checks straight into their bank account by taking a couple of photos with a smartphone.
The Dow rose Thursday as jobless claims beat and the CPI report showed little sign of inflation. How should investors be positioned in this environment? Christian Thwaites, president and CEO of Sentinel Asset Management, and Jason Trennert, chief investment strategist and managing partner at Strategas Research Partners, shared their insights.
Google and Intel have teamed with Sony to develop a platform called Google TV to bring the Web into the living room through a new generation of televisions and set-top boxes.
Tencent, the world’s third-largest internet company by market capitalization, said China’s crackdown on mobile text messaging was starting to hurt its business.
YouTube is taking on MySpace head-on with a new system to monetize independent musicians' videos.
The world’s largest online marketplace, eBay, hit a new 52-week high on Wednesday, and the stock more than doubled over the last year. So is there still room for investors to get in? Scott Kessler, equity analyst at Standard & Poor’s, shared his insights.
The Federal Reserve renewed its pledge on Tuesday to keep the benchmark rates near zero for an "extended period." Greg Peters, global head of fixed income research at Morgan Stanley, said he currently finds equities trapped between liquidity and weak growth. He shared his market outlook.
The news Thursday from Palm will be bad. We know that because the company pre-announced its earnings a few weeks ago. The company's credibility problem from both a marketplace and managerial perspective is serious; and investors who enjoyed a blockbuster run in 2009 seem to be running for the exits in 2010.
Social networking website Facebook has capped a year of phenomenal growth by overtaking Google’s popularity among US internet users, with industry data showing it has scored more visits on its home page than the search engine.