Stocks ended higher after an initial rocky response to the Federal Reserve announcement it would buy $600 billion in long-term Treasurys the middle of next year in an effort to stimulate the economy's sluggish growth. HP and Cisco rose, while AmEx and Microsoft fell.
Stocks rose after an initial rocky response after the Federal Reserve announced it would buy $600 billion in long-term Treasurys by the end of the second quarter of 2011 in an effort to stimulate the economy's sluggish growth. HP and Cisco rose, while AmEx and Microsoft fell.
There’s no stopping Chinese IPOs. Twenty-four of them this year—double last year, according to Renaissance Capital. And investors love them: Bidding them up on average by 13 percent on the first day of trading. Why care?
Treasury officials were not given advance notice that the New York Fed was joining Pimco, Blackrock and other investors to demand the Bank of America repurchase loans included in $47 billion of mortgage backed securities.
With stocks having closed sharply higher Wednesday, the traders discussed names that caught their eye.
Stocks closed sharply higher Wednesday, nearly wiping out losses from the previous session, after the Federal Reserve reported it has seen "modest signs of growth" in the economy and as investors focused on strong earnings reports and a slide in the dollar. Boeing and DuPont rose, BofA fell.
What follows is a roundup of corporate earnings reports for Wednesday, Oct. 20.
Stocks lost a little ground in the final minutes of trading, but were still significantly higher, after the Federal Reserve reported it has seen "modest signs of growth" in the economy and as investors focused on strong earnings reports and a slide in the dollar. Boeing and Intel rose.
Believing in yourself is the most important life lesson, Larry Fink, BlackRock chairman and CEO, told CNBC Wednesday. But sometimes, it takes others to have that belief first.
Stocks added to gains after several companies posted positive earnings results and as investors shrugged off concerns about the effect of the foreclosure crisis on banks and a rise in Chinese interest rates. Boeing and DuPont rose, while Bank of America fell.
One day does not a market make, but stocks may have hit a temporary rough patch.
Plus, get calls on Goldman Sachs, Apple and more.
Matching your record up against the greats can make you feel like the market is no place for amateurs, or for those who have a day job that isn't in the markets. That's why it's important to remember that no one's perfect, not even the giants in the industry.
Confidence among investors and chief executive officers remains low amid the prospect of a slow, elongated recovery, Larry Fink said Wednesday.
'One-Decision Stocks' are rare, so even to be considered warrants attention. The airline industry has been so successful of late that companies like this airline deserve a careful look.
Investors are tired of paying high fees to money managers, who live fancy lifestyles.
Stocks snapped a four-day winning streak as the Dow and S&P fell after struggling with direction much of the day despite signs of strength in the U.S. economy. Boeing and American Express fell, while HP rose.
Stocks slipped lower minutes before the close after struggling with direction much of the day despite a strong report on retail sales. HP and Cisco rose, Boeing and American Express fell.
Bank of America plans to identify tens of billions of dollars in assets and businesses that it wants to sell or wind down, in the latest effort to ease investors’ concerns about its holdings of risky securities and loans.
Worries about the role ETFs play in changing the nature of how people invest and the market’s high correlation to itself.