As the market dropped our team was watching. A car wreck is a much too pleasant analogy. I was at my desk in 1987, 1989, 9/11, 2008, and I’ve never witnessed what I witnessed yesterday.
Why do stocks have a slight bid to them in the U.S.? Traders are saying that the busted trades are creating a bid on the Street. Fat fingered trade? Computer glitch? It's possible that one of these was the cause of yesterday's drop, but as traders stream into Wall Street, the worry is that this could have happened without a computer glitch or fat fingered trade.
This is is the probably the toughest week of the year for active traders. Why? We've seen a huge increase in volatility and volume but it’s been around events so big (Greece, Spain, future of the euro) that traders have no idea — or strong opinion — on how it will play out.
Stocks staged one of the most dramatic selloffs in market history Thursday as what may have been a trader error exacerbated losses in a market already jittery about the European debt crisis. The Dow ended down about 350 points and the VIX was above 34.
Nike has confirmed to CNBC that it will run a new ad tonight featuring Tiger Woods on two networks—on ESPN between 6 and 7:30 pm New York time and on the Golf Channel between 6 and 7 pm.
Stocks rose for a fourth straight week, ending with a rocky session on Friday as news of help for Greece got the market off to a positive start but the sinking of a South Korean naval ship rattled the market.
Stocks pushed higher Friday after a slightly better-than-expected reading on consumer sentiment. Stocks had gotten off to a higher start after the EU and IMF reached a deal to provide a safety net for Greece.
U.S. stock index futures were higher ahead of the open Friday after a safety net for Greece's debt problems was hammered out between European Union leaders and the IMF and ECB president Jean-Claude Trichet said he found the plan "workable".
What follows is a roundup of corporate earnings reports for Thursday, March 25.
Retirement isn't all about fixed-income investing. Your portfolio also needs a solid income stream and growth potential (for offsetting inflation). Otherwise, you may outlive your savings.
Tiger Woods is told his family, friends and fans that he plans to return to golf one day, but that he is not sure when that will be. He said he would not rule out his return being this year.
Attendees had a good excuse for looking bleary-eyed in the morning--watching Obama's State of the Union address. And they certainly got the message
IBM reported fourth-quarter earnings that topped expectations on Tuesday, but shares fell more than 3 percent—the biggest drag on the Dow. What’s ahead for the firm? Peter Misek, global technology strategist at Canaccord Adams, shared his analysis.
Among the large corporations reporting quarterly results this week, International Business Machines (IBM) is expected to provide investors with a pulse on IT spending during its fourth-quarter earnings report today after the bell. Here is a look at how IBM shares traded during the most recent earnings reports.
Dow component IBM is expected to report quarterly earnings after the bell on Tuesday. The firm added 55 percent to its share price over the past year. What should investors expect from the tech giant? Robert Cihra, analyst at Caris & Company shared his insight.
IBM stock closed out 2009 by hitting a 10-year high. Will they surge on again this year? Toni Sacconaghi, senior research analyst at Sanford C. Bernstein shared his insights.
AT&T dropped its endorsement deal with Tiger Woods on Thursday morning. So what does that mean for Tiger?
AT&T says it will no longer sponsor Tiger Woods, joining Accenture and Gillette in dropping support for the golfer after numerous allegations of infidelities.
In 2010, invest in stocks that have international exposure. That was the advice from Jeff Krumpelman, lead manager of the dividend growth team at Hillard Lyons Capital Management, and Ken Croft, CIO of Croft Value Fund. They shared their top stock picks for the new year with investors.
While Tiger Woods may be wondering what a divorce would cost him personally, shareholders in companies he endorses are already stinging from losses many times the golfer's net worth. At least that's what a new university study says.