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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.
Stocks tumbled to 5 year lows on Wednesday as investors grappled with an increasingly dire outlook for the global economy.
With crude oil trading at last year's level below $70/barrel, we are consequently observing a drop in the national average price of gasoline.
Dan Genter, CIO at RNC Genter Capital Management, told CNBC that it is a good time for investors to put their money into the energy and financial sectors.
Following are the day’s biggest winners and losers. Find out why shares of Exxon Mobil and Pacific Sunwear popped while RIMM and Deere dropped.
Stocks rallied to the finish line after another volatile session as signs began to emerge that credit markets may be defrosting. The Dow gained more than 400 points.
Stocks were higher in a wobbly session as investors digested remarks from Federal Reserve Chairman Ben Bernanke and Treasury Secretary Hank Paulson.
Stocks rose more than 1 percent out of the gate Monday as investors snapped up some bargains after Friday's selloff. Investors will be closely watching comments from Bernanke before a House panel. He is expected to say that we may need a second government package to stabilize the economy, according to prepared remarks.
Recapitalization of European banks is continuing: ING took a 10 billion euro ($13.5 billion) cash influsion; French banking giant Societe Generale was down on capitalization concerns; Sweden outlined a $205 billion plan to support its banks. Secretary Paulson will speak at 11:30am ET, giving details of the application process for the capital purchase program. Also: Oppenheimer is upgrading all the big oil and gas names this morning.
U.S. stock index futures were higher Monday, at the start of an earnings-packed week, when investors will have a chance to dig down into corporate numbers in addition to tallying up bailout packages.
Stocks ended down for the day but still pulled off a gain for the week.
Coming off the worst week ever where volatility continues to rule, enhanced by options expiration Friday, the major indexes are all up about 4% or greater for the week.
Some stocks are more popular than others. But that doesn't mean they're always the best shares to hold. Michael Farr, president of Farr, Miller and Washington, gave his assessment of five of the most widely held companies.
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