Stocks pared gains in the final minutes of trading but still ended at new highs in light trading Wednesday as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
Stocks continued to trade at new highs in light trading Wednesday as the closing bell approach despite an absence of fresh economic reports, as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
Despite the high unemployment rate, we may see an increase in labor costs in 2011 that will put pressure on corporate margins, Tobias Levkovich, Citi’s chief US equity strategist, told CNBC.
Stocks continued to reach new highs Wednesday in an absence of economic data as trading volume continued to be light. McDonald's and Chevron rose, while P&G fell.
Markets are going to be “very frustrating” for both bullish and bearish investors next year, according to Ken Fisher, founder and chairman of Fisher Investments and a Forbes columnist.
U.S. stock index futures edged higher ahead of the open Wednesday as investors braced for an auction of government debt following a weak Treasury auction in the previous session.
BlackRock, the world’s largest money manager, expects to launch an internal trading platform next year in a move that would strike at the heart of the profit centers of many Wall Street firms. The FT reports.
Bank of America, the U.S.'s largest bank by assets, has initiated potential settlement discussions with several mortgage investors, a newspaper reported Wednesday.
Yield landed front and center on Friday after industrial giant GE boosted its dividend. What's the trade?
Cramer makes the call on viewers' favorite stocks.
Stocks have been strong all morning on the U.S. tax deal; the S&P 500 and the Dow Industrials is on track to open at a 2-year high, joining the NASDAQ, the Dow Transports, the Russell 2000, and the S&P Midcap.
The bank has told US regulators that it has sold enough assets this year to meet the final condition that was set on its landmark plan to repay $45 billion in government bail-out funding. The FT reports.
US companies in agriculture and technology are strong investments, particularly those that offer big dividends, BlackRock CEO and chairman Laurence Fink told CNBC Tuesday.
Financial firms are arguing that because they use little or no leverage — or borrowed money — they do not pose a risk to the financial system, the New York Times reports.
The "Fast Money" traders note some market movers that caught their eye Thursday.
Here's why you should keep a close eye on these six stocks.
Stocks declined Tuesday as traders took a breather from a rally that brought indexes to their highest levels since September 2008. Phil Roth, chief technical market analyst at Miller Tabak, and Paul Schatz, president of Heritage Capital, shared their outlooks.
Stocks turned mostly positive Friday, as investors absorbed the meaning of a surprising surge in payrolls in the wake of the Fed's plans to pump more money into the economy. David Katz, CIO at Matrix Asset Advisors, and Don Schreiber, founder, president and CEO of WBI, discussed their market outlooks.
Is Thursday's market action a vote of confidence in the Fed? Or is it a blow-off top ahead of a sharp decline?
Herein are stocks that caught the "Fast Money" traders' attention Wednesday. Find out why some popped while others dropped.