Futures indicated a lower start to the week for Wall Street Monday as investors fretted over the global economic outlook after the World Bank cut its 2009 forecasts for most economies.
At the March 9 bottom, the banks were falling fast and behemoths like Google were at risk of falling out of the Top 20 biggest companies in the S&P 500. Three months later, that has changed significantly.
Exxon Mobil was ordered Monday to pay about $500 million in interest on punitive damages for the Exxon Valdez oil spill off Alaska, nearly doubling the payout to Alaska Natives, fishermen, business owners and others harmed by the 1989 disaster.
The leader of Canada's east coast province of Newfoundland has announced a tentative agreement to develop an offshore project estimated to contain 223 million barrels of oil.
The Dow Industrials briefly turned positive for the year earlier this morning. WAHOO! But wait…the S&P 500 turned positive for 2009 nearly one month ago and is now up over 4.5% this year. So why the performance lag in the Dow (compared to the S&P)?
Cramer makes the call on viewers' favorite stocks.
John Merrill, founder & CIO of Tanglewood Wealth Management, and Brian Belski, chief investment strategist of Oppenheimer, shared their market strategies with investors.
The Dow, S&P and Nasdaq were all down over 2%, as of late this morning. While these moves are significant, we have seen drops like this before in this rally.
The Dow eked out a gain Friday, bumping it into positive territory for the year, as Bank of America shares rallied. But techs, energy and commodities retreated as crude oil dropped to around $72 a barrel.
Stocks opened lower Friday as crude oil dropped below $71 a barrel and banks dragged after Bank of America lowered its outlook for the sector.
Floor trading resumed at the New York Stock Exchange after a computer glitch knocked out trading in 242 stocks around midday.
Expect more energy price volatility price ahead, said Mark Waggoner, president of Excel Futures, and Rachel Ziemba, analyst at RGE Monitor.
Worries that rising interest rates could put a damper on consumer and business spending dragged down both the Dow and S&P on Wednesday.
Stocks skidded Wednesday as techs dragged and the jump in oil prices spurred worries about the recovery in consumer spending. Stocks had opened higher, buoyed by Home Depot's raised outlook, but those gains quickly faded.
Stocks opened higher Wednesday as oil prices jumped above $71 and Home Depot raised its outlook.
Edward Whitacre, former chairman and CEO of AT&T, will become chairman of General Motors when the company emerges from bankruptcy, said interim Chairman Kent Kresa Tuesday.
Today, Cisco and Travelers replaced Citigroup and GM on the Dow. Here is a look back at the previous 10 changes to the Dow and what happened to the benchmark in the days leading up to and following the change.
With stocks rallying for over 3 months now, dividend yields continue to fall back to Earth. Today, two new components join the Dow, one with a dividend and one without. See how the 30 companies in the Dow compare.
Plus, Cramer explains a great way to take profits on a stock and why he doesn’t like stop-loss orders.
Stocks advanced Thursday after a report showed jobless claims fell last week and banks gained. Weak retail sales tempered the mood.