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Financials racked up gains again Thursday but after a 10 day winning streak, should keep betting on the banks?
Stocks slipped at the open Thursday after the government said weekly jobless claims fell but not as much as analysts had anticipated.
Stock index futures were treading water Thursday after posting a slight a gain Wednesday on the back of gains in financial stocks.
Stocks ended higher Wednesday, led by financials as the sector got a shot of confidence from a well-known analyst -- and investors. Staples and telecoms were the biggest decliners.
China reported better than expected February export data, up 45.7 percent (!) from a year ago. Banks continue to raise capital. Still waiting for Citigroup to announce details of their trust preferred offering. And Northeast regional bank Susquehanna Bancshares announced a pricing of common and trust preferred securities.
Stocks continued to rise Wednesday, led by banks, amid a fresh vote of confidence for the sector.
U.S. stock index futures were flat to slightly higher Wednesday after Wall Street eked out a gain Tuesday and investors waiting for economic data on the housing sector and business inventories.
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What follows is a roundup of corporate earnings reports for Wednesday, March 10.
Stocks are nearly 70 percent higher than when they hit their trough this time last year, and the street is as divided as ever about whether the rally will endure.
Shoppers will soon be able to stand outside the designer Norma Kamali’s boutique in Manhattan, point a phone at merchandise in the window and buy it — even late at night when the store is closed.
The Dow fell below 10,000 for the first time since last November amid worries about the US job market and Europe's ability to get a grip on its debt. The blue-chip index is now down over 4 percent for the year.
Investors are closely watching the 5-day financial forecast with a wicked winter storm threatening to bring parts of the Northeast to a standstill.
If concerns about Dubai are overblown, are banks oversold? Is the dip a buying opportunity?
Stocks declined Tuesday but ended off their lows for the day after the Fed raised its forecast for 2010.
Revised GDP sent stocks as well as the price of crude tumbling. But is oil oversold?
What follows is a roundup of corporate earnings reports for Tuesday, Nov. 24.
Chartologists, including Greg Troccoli, are seeing a head-and-shoulders formation taking hold on the S&P today. Is it signaling a market reversal?
Shares of teen apparel retailers are getting hit particularly hard Thursday in the wake of October same-store sales results. It's not surprising. This sector is facing some tough challenges. Teen unemployment has been at historically high levels. This means teens have less money to spend on jeans and T-shirts.
The Dow hit a new 11-month high and capped its best week in two months on Friday after Procter & Gamble as well as other stocks advanced on positive brokerage comments.