Some of Friday's midday movers:» Read More
Don’t believe the naysayers, Cramer says. We needed the Fed to take action.
Investors could lose any gains seen in Tuesday's 889-point Dow rally if the ECB doesn't follow the Fed's lead.
Cramer makes the call on viewers' favorite stocks.
Neil Hennessy of Hennessy Funds is known for his use of the price-to-sales ratio to pinpoint the best places for a stock market investor's dollar. Based on that ratio — he's ready to buy. "Today, you can buy a dollar of revenue in the Dow Jones (Industrials) for 74 cents on the dollar," he told CNBC.
The markets end the week in negative territory as all major indexes lost 5% or more for the week. The Russell 2000 brings up the rear losing over 10% for the week.
Stocks made a third attempt at a rally Thurdsay though techs took a beating amid worries about the outlook for the sector.
A rally spurred by bargain hunting fizzled Thursday as weakness in technology leaders offset strength energy-related companies.
Stocks wavered after an early pop Thursday as the latest batch of earnings and a disappointing weekly jobless report stoked recession fears.
The search for a market bottom likely will continue through the rest of the year and into 2009, as signs emerge that a turning point is not yet upon Wall Street.
The cruel earnings season for the American worker intensified Wednesday as more companies announced layoffs.
The stock market deteriorated in the final 20 minutes of trading with the Dow closing with triple digit losses.
Stocks sold off in the final hour of trading, an hour that has become known for wild, unpredictable swings, as a new government plan to juice money-market funds and some dismal corporate outlooks kept investors on edge.
The search of a market bottom likely will continue through the rest of the year and into 2009, as signs begin to emerge that a turning point is not yet upon Wall Street.
Stocks retreated after a fleeting uptick as investors digested a slew of earnings and some dismal outlooks and signs of a thawing in the credit markets.
Caterpillar missed market expectations by 2 cents Tuesday, reporting earnings per share of $1.39 for the third quarter, but it said it maintains its full-year outlook for earnings of $6 per share.
Any close that is near break even or positive would be a sign that stocks are discounting a lot of bad news.
This year the S&P Industrial Index fared even worse than the S&P 500, but Eli Lustgarten, senior vice president of Longbow Research, sees opportunities in this beaten-down sector.
Stocks turned lower again after paring most of their losses amid more signs of thawing in the seized up credit markets.
Futures are down in reaction to the poor earnings guidance we have seen from Dupont, Texas Instruments, Sandisk and Sun Micro, among others, but the swing in the futures pre-open has been only 18 points, well below the 50-point spreads we have seen in the past few weeks.
U.S. stock market index futures pointed to a lower open for Wall Street Tuesday as worries over the health of the economy offset enthusiasm after news of a possible second stimulus package.