Stocks shrugged off downbeat macro commentary to hold onto gains going into the end of trading. » Read More
Hailing from four separate corners of the U.S. economy, Apple, Caterpillar, Starbucks, and Merck all beat the street. Throw in the banks and now you’re talking five corners. It’s bullish — 90 percent of the American workforce and rising business may be doing some spending and risk-taking after all. I like this story a lot.
In so many words, the former Princeton economics professor is taking credit for averting the collapse of our financial system; is cautiously optimistic about economic recovery by year-end and 2 to 3 percent growth in 2010; and says he has the tools and wisdom for a carefully crafted liquidity-exit strategy that will prevent future inflation and more asset bubbles. Do we believe him? Is he credible? Or is this a triumph of hope over experience?
She just doesn’t know it. Let Cramer explain.
Following are the day’s biggest winners and losers. Find out why shares of US Bancorp and China Petroleum popped while Whirlpool and AMD dropped.
Amid choppy earnings, is the rally running out of steam? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his stock-market insights Wednesday.
Caterpillar makes all types of construction and mining equipment, a great bellwether for the economy with a market capitalization of $23.7 billion.
Earnings keep coming in better than expected. After the big drops we saw in the last couple of quarters, estimates are looking a bit conservative. As of yesterday, 71% of the S&P companies reporting to date, have beaten the street. So how does an investor find opportunities? One trick is to look at the details of some of the winners to identify patterns that may be applied to companies yet to report.
Another wave of much better-than-expected corporate results Tuesday shows that Wall Street's analysts have badly miscalculated earnings this quarter.
The Federal Reserve chairman’s Capitol Hill performance on Tuesday was necessary, Cramer says, to keep much-needed federal money flowing into the system. Things aren’t as bad as Uncle Ben made them seem.
After hours investors sifted through results from Apple, Yahoo! and a string of other companies; will the latest round of earnings keep the rally going?
A late rally pushed stocks higher Tuesday following better-than-expected earnings from several Dow components. The Dow logged its seventh-straight gain, the Nasdaq, it's tenth.
The Mad Money host makes the call on a few key blue-chip companies and more.
The Dow advanced Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.
Think of Wall Street as an obese person trying to find a healthy lifestyle. Then you'll begin to understand second-quarter earnings this year.
With the S&P almost 10% higher in 2 weeks, can stronger-than-expected earnings continue to boost this market?
Stocks lower midday, the Caterpillar conference call is the likely culprit. While some may feel that Mr. Bernanke bears some of the blame for the markets coming off their highs (he emphasized the "slow recovery"), most traders put the blame on Caterpillar's rather poor conference call, which began at 11 AM ET.
The trend continues: earnings beat, but revenues light. But that's good enough: stock futures are popping on the news. Why? Two reasons.
Stocks have weakened midday, but after the S&P 500 has rallied 8 percent in the last 7 trading sessions, no one seems surprised. Bids are light; bonds have rallied.
A huge guest list on Closing Bell with Maria Bartiromo from 3-4PM ET this afternoon. Maria will speak with CEO of Caterpillar, Jim Owens and Freeport McMoRan Copper & Gold’s CEO Richard Adkerson in two exclusive interviews today.
Companies as diverse as Caterpillar, Merck and Coca-Cola reported quarterly profit that beat analyst estimates. Does this signify an embryonic bull market at last? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his stock-market insights.