Improvement in the economy and more lending will provide a noticeable boost for financials, a fund manager said.» Read More
Stocks ended a topsy-turvy session higher as investors juggled a profit warning from Bank of America and some dismal economic news with optimism over the Obama stimulus plan.
Don't be fooled by the low volume and lack of wild trading ranges. Lower volatility, and a shift into economically sensitive stocks and out of defensive names, are all positive signs. S&P 500 up 6 of the last 8 trading sessions.
Stocks were on their way back up again as investors shrugged of some disappointing economic data and kept an optimistic outlook about President-elect Obama's economic-stimulus plan.
Stocks pared their gains Tuesday after a reports showed pending-home sales and factory orders declined, while a measure of the service sector unexpectedly improved.
Stocks were poised to rebound slightly Tuesday, as investors waited for some more data on the broader economy due shortly after the start of trading.
Cramer makes the call on viewers' favorite stocks.
Robert J. McCann, the head of the brokerage division at Merrill Lynch, is leaving the firm. The announcement was made by John Thain, Merrill's chief executive and president of Bank of America's global banking. This comes just days after the completion of Merrill's acquisition by Bank of America .
Plus, Cramer makes the call on Nordic American Tanker, Terra Nitrogen and Goldman's future as a deposit bank.
As we enter the first full week of 2009, just over 25% of the S&P 500 stocks have forward EPS growth expectations in the double digits. Here is a sampling of them.
Vacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.
Stocks rebounded Friday as investors displayed some optimism for the new year, scooping up bargains in the consumer discretionary and energy sectors. The Dow ended above 9,000 for the first time since early November.
Stocks skidded as the unraveling of one of the biggest deals this year overshadowed gains in the energy sector.
Stocks rebounded Friday, pushing the Dow above the key 9,000 mark as investors rang in the new year with optimism, scooping up bargains.
European shares are up 2% despite some bleak economic reports out of the U.K. today. A survey performed by the country’s largest mortgage lender showed home prices plunged 16% in the fourth quarter from a year ago. That was the sharpest decline in at least 25 years.
Stocks rebounded Friday, led by consumer discretionary and energy, after a quick dip triggered by an ISM report that showed manufacturing activity at a 28-year low.
U.S. stock index futures pointed to a largely flat open for Wall Street in the first day of the year after lodging the best year-end rally ever Wednesday.
Will Santa squeak in a rally before the ball drops? Early moves suggest it could happen: Stocks continued to rise Tuesday, adding to the more than 2-percent gain logged on Wednesday.
Another light volume, low volatility day, closing near the highs. Good news, considering that the consumer confidence and home price news was dismal. Goldman Sachs had a particularly good day, up almost 6 percent, though on light volume. But GMAC was the big story of the day...
The financial crisis and market turmoil of 2008 have prevented many historical trends from holding true this year. For instance, while November and December are typically two of the markets’ strongest months of the year, the performance during those months this year has been far from stellar.
Stocks ended lower as the unraveling of one of the biggest deals this year overshadowed gains in the energy sector.