The "Fast Money" traders share their final trades of the day.» Read More
The Dow is pointing higher this morning as investors focus on the Fed's two day meeting and a bunch of big earning reports. European markets are slightly weaker and Asian stocks were mixed overnight. The yen remains lower against the dollar.
During the final week of the year, CNBC spoke with analysts to get their top picks for 2007. Large cap names and private equity were winners in 2006, and many analysts are expecting more of the same next year. But look for some picks that may be surprising as well.
As we end for today, we can safely report it's been a banner year for stocks--by just about everyone's measuring stick. Bonds didn't so bad either. Blue chips were certainly the big standouts of 2006. The Dow Jones industrial average--the index of 30 of the nation’s biggest companies, hit record levels dozens of times since closing at 12,011.73 on Oct. 19. It's since surged to an intra-day high of 12,529.87. All this despite....
Stocks pulled back fractionally as a late-day selloff prevented another record day for the Dow, while the Nasdaq and S&P 500 finished slightly lower as well.
Stocks ended the day on the downside with more deals and earnings news driving the momentum on Wall Street today. All three major indexes closed down fractionally. The Dow Jones Industrial Average traded in a narrow range of about 40 points. More from Mary Thompson, CNBC’s “Eye on the Floor.”
A strong November payrolls report and weakness in consumer sentiment caused stocks to see-saw through much of the day. Analysts believe this volatility likely will continue.
It's all about the jobs report today. World stock markets trend flat to lower ahead of the report and U.S. stocks are mixed ahead of the opening. The dollar remains in a tight range and oil traded higher over night on expectations OPEC may limit production again when it meets next week.
We told you earlier about the U.S. stock selloff--but they ended up, making comeback and bouncing off their lows of the session. There was that triple digit sell-off late in the afternoon only to see a rally in the last half hour of trading. CNBC's Mary Thompson has all the details in "Eye On The Floor."
The market saw an afternoon selloff after a poor November Institute of Supply Management number. The ISM registered at 49.5 – down from 51.2 in October. It appears investors are getting a bit timid – despite a strong year – after a week of bad reports.
Stocks skidded Friday after a key survey showed manufacturing unexpectedly contracted in November,stoking concerns about a weakening economy.
On Wednesday the Fast Money traders were squarely focused on 3 key developments that may signal serious challenges lie ahead for the stocks.