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Alcoa's profits are expected to be down some 40% in the first quarter, but that didn't stop the company's shares from surging 24% since the last earnings report. How did they do that?
For the week ending Friday, April 4, 2008 the US Markets all ended the week up over 3% or more holding on to the gains from Tueday's big rally. This is the third consecutive week of gains for the NASDAQ, something it has not had since October of last year.
Major stock indexes ticked higher Friday though the market was broadly mixed. General Motors skidded, while UBS shares advanced.
For the past few days we’ve been telling you about Wall Street players who recognized the early warning signs of the current mortgage mess. We’re ending this series with a bang; meet our so-called subprime savant superstar, John Paulson
Shares of aluminum giant Alcoa are surging ahead of earnings Monday. Will Alcoa sales figures reveal that the global growth story is still intact?
The last time the market was this overbought the index dropped 1,500 points.
Investors bid the Dow higher as the price of oil and other commodities declined. The rally caps a negative quarter for all the major averages. What's the "Word on the Street?"
The traders completed round 1 of the Fast Money Madness tournament going toe-to-toe over financials and commodities. Who advances?
The Lightning Round is extended in this new CNBC.com exclusive feature.
U.S. stock index futures turned negative Tuesday, suggesting that the recent stock rally may cool.
Cramer makes the call on viewers' favorite stocks.
So Dow is up 400 Tuesday, down 300 on Wednesday, up almost 300 today...guys on the floor have finally figured out how to make money in this market. Come in every other day. It started with Fannie Mae and Freddie Mac this week (both up over 50 percent for the week), but this week's rally quickly spread to financials, then finally to other large cap stocks like GE.
Stocks declined Wednesday amid profit-taking from the prior session's rally, a sharp drop in crude prices and lingering concerns about credit.
The Dow has given up more than half of yesterday's gain, but much of this is due to the commodity route. The dollar has been rallying two days, giving some hope to those who believe that the dollar's seven year decline is coming to and end.
Chinalco, the Chinese metals company that led a stunning $14 billion investment in Rio Tinto could raise its stake in the global mining firm and has no intention of cutting back on its ambitions elsewhere.
Dow Industrials newcomer Bank of America leads the list as the highest current yielder of all 30 Dow stocks. Chevron, the other recent Dow addition enters the list with a 2.7% yield.
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
Stocks were mostly lower Friday as a second straight drop in nonfarm payrolls and hopes that the worst is over tugged the market in both directions.
Communications equipment maker Ciena Corp posted a higher-than-expected rise in quarterly profit Friday and gave an outlook above market expectations, saying strong demand for faster networks helped it avoid being hurt by a weaker economy.
What happened to our nosedive? After a down open, stocks continue to hold up well in what could only be described as a fairly flat market--about even number of stocks advancing to declining, modest volume, financials and techs modestly to the upside.