Technology stocks rose more than 2 percent Wednesday following encouraging earnings, while a slew of economic reports fueled the notion the economy was showing stronger signs of a turnaround and boosted the broader market.
Yesterday there were some analyst report circulating that Intel spacer was unlikely to be overly optimistic because the PC food chain was weakening, that recent orders out of Taiwan were weak.
Wall Street has reestablished positive momentum, and that's likely to continue Wednesday morning after Intel beat expectations with its after-the-bell earnings report late Tuesday, and issued guidance that was well above consensus as well.
Positive comments and a better-than-expected earnings report from tech bellwether Intel could capture the imagination of investors, who have been hoping tech will rescue the earnings season.
Investors are placing their bets ahead of a string of pharma earnings due both this week and next. What must you know?
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Stocks rallied sharply higher on Monday after bullish comments on the financials lifted hopes that banks' quarterly results may be stronger than expected.
Earnings season should provide a fresh view of the U.S. economy and may shake the stock market out of its summer doldrums.
This sector offers long-term growth, even in a slowdown. Even oil can’t promise that.
With Alcoa set to announce its second quarter earnings tomorrow, earnings season will officially begin. Here's a look at what analysts are expecting.
Stocks ended on a sour note Tuesday, but still managed to log their best quarter in a decade.
Stocks fell sharply Tuesday, with the Dow down more than 100 points, after a report showed consumer confidence slumped in June after a sharp rise in May. Today is the last day of the quarter, which means thin volume and volatility as investors do some last-minute window-dressing.
Though Wall Street's rally has shown signs of stalling recently, investors have pushed the major averages to some impressive numbers as the month and the quarter come to an end.
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Although the S&P closed higher Friday, all three major indexes closed down for the week as investors questioned whether stocks were due for a correction.
The Dow and S&P 500 gained on Thursday as data on the job market and regional manufacturing revived hopes that the economy may be stabilizing.
At the March 9 bottom, the banks were falling fast and behemoths like Google were at risk of falling out of the Top 20 biggest companies in the S&P 500. Three months later, that has changed significantly.
Financials weighed down the Dow and S&P on Wednesday as investors sifted through sweeping new regulations designed to eliminate excessive risk-taking on Wall Street.