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Stocks closed lower Thursday, continuing a losing streak amid light volume and continued worries over the state of the economy. Cisco skidded, Verizon rose.
Stocks continued a losing streak Thursday heading into the close, amid light volume and continued worries over the state of the economy triggered by the latest batch of economic data and comments from Cisco that customers are hestitant about a recovery. Cisco skidded, Verizon rose.
Stocks were lower Thursday after an unexpected rise in weekly jobless claims added to worries over the economy, although losses were stemmed as some investors stepped in to buy.
U.S. stock index futures edged lower ahead of the open Thursday after stocks suffered their worst slide since July 16 during the previous session. The major averages fell between 2.5 and 3 percent.
Actually, there are some related plays that might work even better.
After the recent sell-off, which stocks present buying opportunities and which stocks are just a problem?
Following are today’s biggest winners and losers. Find out why Alcoa and Urban Outfitters popped while shares of Advanced Auto Parts dropped.
Considering the Dow soared by triple digits after GM declared bankruptcy, traders want to know if this is the bottom for the US economy?
Here’s a play on America’s ailing auto firms.
American automakers are struggling to stay alive, allowing smaller firms the chance to take market share. Here are Cramer’s favorites.
Plus, Cramer makes the call on the insurance, chemicals and natural gas sectors.
In recessions investors tend to return to safe havens like government bonds, the US dollar, gold and consumer staple and drug stocks and cash flows out of what are considered more discretionary sectors.
Following are the day’s biggest winners and losers. Find out why shares of Costco and Dow Chemical popped while Newmont Mining and Advance Auto Parts dropped.
It appears GM will need more money from the Obama administration to stay afloat. A lot more money. What's the trade?
Detroit's nightmare could be a dream come true for auto-repair stocks, according to Anthony Cristello of BB&T Capital Markets.
Goodyear saw a spike in options activity as its stock traded higher on Monday, apparently a positive reflection of progress toward an auto industry bailout in Washington. The action focused on the April 7.5 calls, which lit up OptionMonster's tracking systems, driving the price of those options up $0.50 to $1.50.
We all have our heroes. David Schick's hero is the American consumer, scaling back and scooping up bargains to survive soaring gas prices, plunging employment, and crunching credit. The reasons behind two of his stock picks are clear; the reasons behind his third stock pick, less so.
To give investors an edge, CNBC asked the market experts for their best trades now.
Following are the week’s biggest winners and losers. Find out why shares of Abbott Labs and Starbucks popped while CBS and Dillard's dropped.
AutoZone, the largest U.S. auto parts retail chain, posted weaker-than-expected quarterly earnings as high gas prices curtailed demand, sending shares lower.