Market drops on Bernanke comments; a failure of expectations. The S&P 500 dropped about 12 points as Mr. Bernanke's written testimony came out. There were several statements in the written testimony that caught traders' attention...
June nonfarm payrolls posted a decline of 125,000 jobs, slightly higher than expected, with an unemployment rate of 9.5 percent. Private sector job growth up 83,000 was a bit below expectations. The stock market anticipated weaker numbers and trading all week reflected that sentiment. The market is trading at notably lower levels than two weeks ago.
China's announcement that they are loosening the trading bands on the yuan is good for the trade imbalance with the United States, but traders think that the idea we should all rush out and buy, say, Caterpillar or BHP Billiton just on this...is probably incorrect. Here's why.
The Shanghai Index rose 2.9 percent, and most European bourses are up 1 to 2 percent as China has allowed the yuan to rise against the dollar for the first time since 2008.
The global market’s rocky ride has created a solid stock picking environment, but diversify across asset classes to protect your portfolio, advised George Boubouras, head of investment strategy and consulting at UBS Wealth Management.
Cramer makes the call on viewers' favorite stocks.
Once again the markets are struggling to string two days of gains together (tired of hearing that yet?). Following yesterday’s strong close and the modestly higher open this (Thursday) morning, stocks are losing steam.
It was a nasty morning on Wall Street but by afternoon gray skies turned to blue and the S&P inched its way into positive territory. What's going on?
If your portfolio contains any of these companies, Cramer says, it might be time to take profits.
Following are moves you might have missed. Find out why shares of Dollar Thrifty and Netflix popped while BHP Billiton and Clorox dropped.
With Goldman dragging down the market broadly should you start cherry-picking? Or are there just too many unknowns?
It almost feels like America is on sale considering the sheer volume of deal speculation in the market. With all the wheeling and dealing how should you trade?
Some of the financial crisis’ hardest-hit stocks are running, so why aren’t you buying?
The worm has turned and US steel makers should be one of your focus areas, says OptionMonster Jon Najarian in an exclusive post. Get all the details now!
Global steel prices are set to leap by up to a third, pushing up the cost of everyday goods from cars to domestic appliances, after miners and steelmakers on Tuesday agreed a ground-breaking change in the iron ore price system.
Stocks pulled off a gain Tuesday after a see-saw session as techs and industrials gained, while energy and bank stocks were weak.
All eyes are on the U.S. for upcoming jobless numbers for more market movement, said Sean Fenton, portfolio manager at Tribeca Investment Partners. He shared his best investment plays.
The Greek stock market down 1.8 percent as the sale of the 7 year bond did not go as well as initially thought. Yields are higher, to 6.24 percent. And: We are waiting to see if the spate of strong IPOs will continue. Expecting Primerica to price 18 million shares between $12-$14, likely tonight, possibly tomorrow. This is the largest financial services marketing organization in North America.
Global miners and Japanese steelmakers have reached a tentative deal to replace the 40-year-old iron ore pricing system based on annual contracts and lengthy negotiations with short-term contracts linked to the spot market.
FedEx gives investors a clear insight into how the U.S. economy is going to perform and its chart is saying that a double dip recession is inevitable, Robin Griffiths, technical strategist from Cazenove Capital, told CNBC Monday.