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The nation may be facing a long, deep recession, but Kiplinger's Personal Finance says some companies are positioned to thrive. The publication has singled out the stocks of five such companies.
The markets are up about 2.5% in early morning trading on strength overnight in Asian markets, solid earnings reports, and a better-than-expected GDP number.
Stocks jumped at the opening bell following better-than-expected reports on GDP and jobless claims even though the GDP reading indicated that the economy is likely in a recession.
Stocks got a bump from better-than-expected reports on GDP and jobless claims even though the GDP reading indicated that the economy is likely in a recession.
Stocks will likely rock and roll again Thursday. Wednesday's market was particularly volatile, although for a good part of the day it was unusually calm as investors waited for the Fed's rate decision. In the final half hour, the Dow wiped out a big gain to end 74 points lower. The Dow was up 298 at its peak, and down 174 at its low point.
In this Web Extra the traders reveal how to trade GDP and a slew of earnings reports including Exxon, CBS, Electronic Arts and more!
Is this the beginning of a commodities comeback?
Wall Street went on a bargain-hunting bonanza, with a frenzy of activity in the final hour of trading, sending shares up 10 percent.
Investors went on a late-day buying spree, scooping up shares of beaten down stocks and sending the major indexes soaring 7-8 percent.
Volatility reigned again on Wall Street Tuesday as jittery investors had a hard time committing to the morning's early rally -- or to the subsequent paring of gains.
Scarcity of Volkswagen stocks after Porsche bought up nearly all the remaining free float triggered a short squeeze that pushed VW's market capitalization above that of Exxon at some point Tuesday.
Stocks opened higher Tuesday after Monday's late selloff as international markets bounced back amid expectations of a U.S. rate cut.
Stock index futures pointed to a substantial gain at the open Tuesday, following Monday's late selloff, as international markets rebounded and investors pondered the effect of an upcoming expected interest-rate cut.
Stocks ended the day significantly lower but avoided a catastrophe, as an orderly selloff staved off what some thought would be a massive market capitulation.
The selling pressure across markets overnight is a tide that is sinking all boats, including oil and all commodities for that matter. If it can be sold, it is being sold, right now. In terms of oil, specifically, support levels that traders have looked to determine prices bottoms have been taken out in succession, over the past several months.
Stocks clawed back from five-year lows on Thursday, led by a bounce in energy and health-care stocks...
Stocks made a third attempt at a rally Thurdsay though techs took a beating amid worries about the outlook for the sector.
A rally spurred by bargain hunting fizzled Thursday as weakness in technology leaders offset strength energy-related companies.
Stocks wavered after an early pop Thursday as the latest batch of earnings and a disappointing weekly jobless report stoked recession fears.
Stocks fell sharply Wednesday after the latest bevy of big names reporting earnings issued gloomy outlooks or missed their targets altogether. The Dow shed 514.45, or 5.7 percent, to close at 8519.21. The S&P 500 lost 6.1 percent, ending at 896.78, revisiting its Oct. 10 level.