*Apple weighs on Dow, S&P 500, Nasdaq. Dec 31- Wall Street dropped on Thursday, leaving the S&P 500 marginally lower for a year marked by record highs as well as a major selloff. The S&P 500 hit a record high in May only to slump 11 percent over eight days in August over fears of a China- led global economic slowdown.
NEW YORK, Dec 10- For the last several years, big U.S. companies have lived by an unswerving rule: buy back shares to increase returns to shareholders. The Fed is expected to raise interest rates at the end of its Dec. 15-16 meeting for the first time in nearly a decade. "A quarter of a percentage point is not going to make much of a difference," said to David Joy, chief market...
NEW YORK, Nov 4- Millennials are starting to earn real money. As millennials make big, life-changing purchases, such as buying their first home, they do not want to go it alone, according to new data from Ameriprise Financial. And they will be spending more in 2016. A recent report from Merrill Lynch found 61 percent of millennials expect to spend more this coming year,...
NEW YORK, Sept 1- For most people saving for retirement, buying a non-tradeable real estate investment trust that charges fees and commissions of 11 percent or more doesn't sound like a good deal. Many brokers are fuming over a proposed U.S. Department of Labor rule that would block them from selling any investment into a retirement account in return for a...
History shows that after the Federal Reserve hikes rates for the first time, this happens to the stock market.
Older boomers who have already left the workforce have substantial financial security, a new survey finds. Here's why that can't last.
3 stock picks from hedge fund manager Nili Gilbert.
The S&P 500 could rise as much as 4 percent from current levels but ultimately finish 2014 just about where it started, David Joy of Ameriprise Financial tells CNBC.
Alibaba has filed for a U.S. initial public offering which will see it become the largest Chinese firm to list in New York.
Stocks finished higher Tuesday, with the Dow approaching a record high, as investors cheered a round of better-than-expected quarterly earnings and largely shrugged off worries over Ukraine.
What a week on "Squawk Box"! Bill Ackman teams up with Valeant to buy Botox-maker Allergan. Novartis' buying and selling and lil' Squawkers running the show.
The bond market does not appear to setting off major alarm bells, David Joy, chief market strategist of Ameriprise Financial, told CNBC on Friday.
Companies in the news after the bell Tuesday.
Market watchers who appeared on CNBC's "Squawk Box" on Tuesday were holding out hope the stock market decline are just a blip.
Mutual fund companies are feeling the heat to use social media including Facebook, Twitter, and LinkedIn as venues through which they can reach clients and prospective investors.
For most of us, retirement planning involves dreaming. But a new survey shows that reality can intrude in unexpected and expensive ways.
After a temporary drop in the second half of March, short interest is back on the rise.
Some of the names on the move ahead of the open.
The markets and the economy will move past the Boston bombings "relatively quickly," but there may be some "lingering impact," Ameriprise Financial's chief market strategist says.
Houston is much more than oil and gas. It's a booming, diverse city