Stocks capped a relatively good week with a thud Friday as investors locked in profits.
Cramer explains why the market's pause is right. Plus, calls on the banks, homebuilders and natural gas.
Stocks fell sharply Friday, led by bank and technology issues, as investors locked in profits after a two-day winning streak.
US stock index futures pared losses slightly Friday after a report showed personal spending rose for a second straight month.
This will be a monster-size weekend at the movies, and I"m not just talking about box office numbers. Yes, if you have kids, you're sure to find yourself at a matinee of "Monsters vs. Aliens," which is opening on 3,500 screens.
A specific policy change from Washington would put this sector back on its feet. Here are the stocks that might benefit most.
Stocks rallied to the finish line to make it two for two Thursday as investors were encouraged by decent demand fof a $24 billion auction of seven-year Treasury notes. The Nasdaq shot up nearly 4 percent and is now positive for the year.
Stocks added to an already strong session following an auction on seven-year Treasury notes that heightened a sense of economic optimism.
The so-called stress test for banks should not only prove which financial firms are stable — but should go a long way toward shoring up investor trust in financial stocks. So said Jeremy Siegel, professor of finance at Wharton School at The University of Pennsylvania.
The Dow rallied late day Wednesday as upbeat housing and durable goods data fueled hopes that the low point in the current economic downturn may have passed.
Stocks ended higher Wednesday as a surge in the final minutes of trading pushed all three indexes in positive territory.
A strange day, full of mixed signals. Strong economic news early on from new home sales and durable goods.
Moody's Investors Service lowered the senior debt rating of Bank of America from A1 to A2. It also Lowered the senior subordinated debt rating to A3 from A2, and the junior subordinated debt rating to Baa3 from A2.
So traders were again buzzing this morning over word that Ken Lewis, in an interview with the LA Times, said he wanted to repay the $45 billion Bank of America got in TARP money beginning next month.
Art Cashin, UBS Financial Services director of floor operations, offered CNBC his outlook for Wednesday's market.
Stocks advanced Wednesday after a pair of better-than-expected economic numbers. New-home slaes rose more than expected and durable-goods orders unexpectedly rose, snapping a six-month slide.
A journalist is nothing without sources. And the Mad Money host has some of the best in the business. That’s how he protected you from the worst downturn since the Great Depression.
Hedge funds and mutual funds have reconsidered their bearish sentiments now that the market is turning. Retail investors, take note.
If angry investors have their way Bank of America CEO Ken Lewis will soon find himself among the ranks of the unemployed.
Stocks ended a choppy session sharply lower Tuesday as investors regrouped after the prior session's blockbuster rally.