Stocks rallied Thursday, pushing the Dow to its highest level since November, but will the rally continue from this point? Douglas Roberts, founder and chief investment strategist at Channel Capital Research.com, told investors that the uptick will continue.
Stocks rallied Thursday as investors were encouraged by the latest jobless report and round of corporate earnings. Jobless claims rose by 25,000 last week to 584,000 but investors were encouraged as estimates had put the number as high as 600,000. Read and listen to what the pros had to say...
Stocks rallied Thursday as investors were encouraged by the latest jobless report and round of corporate earnings.
Ah, we're back to the Good Old Days...of last week. Stock futures have been higher all night...the dollar is down after a two-day rally, the Shanghai Composite Index has rallied 1.7 percent after dropping 5 percent yesterday after the People's Bank of China assured investors that they would keep a relatively loose monetary policy, commodities are rallying...initial jobless claims were about inline with expectations.
Futures indicated a higher open for Wall Street on Thursday as investors were encouraged by the latest jobless report and round of corporate earnings.
The court-appointed receiver in the Stanford Financial case—whose job is to locate funds to return to investors—is suing some 400 of them in a controversial "clawback" case.
Stocks finished lower Wednesday despite a late comeback attempt as the weight of disappointing economic news and a weak Treasury auction dragged down major indexes.
Stocks declined Wednesday as weak demand for today's Treasury auction and a sharp drop in oil prices dragged on the market. A disappointing durable-goods report didn't help either.
Stocks declined Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
Dividend yields in the S&P 500 are down since late June, as a 6% rally for the US equity index this month has pushed yields lower, and companies remain cautious about increasing their dividend payouts.
Stocks ended slightly lower Tuesday, though the Nasdaq eked out a gain. And Citigroup shares soared.
With stocks up 11 percent since Alcoa kicked off earnings three weeks ago, investors now will be turning their gaze elsewhere to see whether the rally is for real.
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
Stocks eked out a gain Monday as banks got a boost from a jump in new-home sales. Stocks had struggled for much of the day as investors worried about a a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
The Dow poked into positive territory Monday afternoon, led by Bank of America, as a jump in new-home sales buoyed bank stocks. Still, the blue-chip index struggled to stay above water as worries about a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
Corporate earnings will serve as a tailwind for the stock market in the week ahead, but gains could be constrained after an 11 percent run in just two weeks.
Investors are positioning themselves into earnings from Exxon-Mobil, Chevron and other big oil names. And according to some analysts, what they say might surprise you!
All the major US indexes were up 4% or greater for the week, after closing roughly flat for the day on Friday. The Dow crossed and remained above 9,000 on Friday, posting its best 2-week percent gain since late March 2000.
The latest batch of earnings took a toll on the market Friday but the Dow still pulled off a gain in the final half hour of trading, capping its best two-week performance since 2000. Microsoft shares fell more than 8%.
Exxon Mobil spacer said Tuesday it will make its first major investment in greenhouse-gas reducing biofuels in a $600 million partnership with biotech company Synthetic Genomics to develop transportation fuels from algae.