Stocks ended slightly down from Wednesday's record high levels, shrugging off news of economic strength from several economic reports. AmEx fell, while Alcoa rose.
Stocks stumbled from their record highs Thursday despite a handful of upbeat economic reports, although trading remained light in the final sessions of the year. AmEx fell, while Alcoa rose.
Stocks traded slightly down from record highs despite a batch of positive economic reports, including a surprising jump in pending home sales and a burst in Midwest manufacturing activity. AmEx fell, while Intel rose.
People do a lot of top-down analysis at this time of the year, trying to figure out how much the Dow and the S&P could go up — or down — in the coming year. That's not my style. As someone who is a stock picker, I like a bottom's-up approach, analyzing each Dow component to come up with what I think the most visible index will deliver in 2011. ...A report from TheStreet.
While stocks may see a pullback in the next few weeks, investors should use the opportunity to buy because markets are ultimately positioned to rally next year, according to two strategists.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Investors should look into stocks that offer a dividend payout, said Joseph Keating, executive vice president and CIO of CenterState Bank, and Chip Cobb, senior vice president at Bryn Mawr Trust.
Stocks rallied to new highs as the S&P 500 Index reached its highest close since Lehman Brothers went bankrupt in September 2008 amid light trading and several strong earnings reports. Bank of America and JPMorgan rose, while 3M fell.
The rally continues…new highs for the S&P 500, with the index now up 6.3% this month. That gives the S&P its best December since 1991.
Stocks reached new highs on modest gains Tuesday amid light trading and a series of good earnings reports and in the absence of key economic data. JPMorgan and Bank of America rose, while 3M fell.
U.S. companies have recently gone on a “buying spree” for emerging market assets, but the money is about to flow in the opposite direction, with the BRICs using their cash reserves to buy up American firms, said Tim Seymour, founder of Seygem Asset Management.
Stocks rose as a series of strong earnings reports, coupled with M&A activity, gave a lift to market sentiment. JPMorgan and AmEx rose.
With fiscal stimulus coming to an end and continuing woes in the housing sector, should investors brace for another recession? Jason Trennert, chief investment strategist at managing partner at Strategas Research Partners and David Rosenberg, chief economist and strategist at Gluskin Sheff & Associates shared their insights.
U.S. stock index futures gained ahead of the open Tuesday, following a mixed close in the previous session, as a clutch of strong earnings after the bell helped to boost investor sentiment.
Stocks traded mixed ahead in lackluster trading, although the S&P 500 and the Nasdaq hit new two-year highs on thin gains amid a lack of economic news. Alcoa and 3M rose, while American Express fell.
Stocks traded narrowly mixed amid thin trading and a lack of economic news as stocks struggled to move beyond recent highs. 3M and Alcoa rose, while AmEx fell.
General Electric looks promising as we head into the near future. Upward action from this U.S.-based conglomerate will mean a nice payday for investors in 2011. ...A report from TheStreet.
Stocks were mixed Thursday despite a batch of relatively positive economic news. Art Cashin, director of floor operations at UBS Financial Services shared his market outlook.
Stocks were mixed after a handful of positive economic reports, including a slightly better-than-expected gain in industrial production, and a slightly better-than-expected report on consumer price inflation. Caterpillar and Bank of America rose, while Alcoa fell.
Stocks ended the week higher despite lack of progress on a tax bill as investors looked to positive economic and corporate news. GE and Pfizer rose, while Kraft and Boeing fell.