A smart speech by the Fed chief has given investors the green light.
Meredith Whitney is making headlines: She has not been this bearish in a year! Whitney was the first to call the bubble in financial stocks. And then she predicted the stock market rally. But now Whitney is starting to turn negative again.
The S&P 500 closed at fresh 13-month highs – and above the technically important 1100 level on Monday -- with Ben Bernanke providing the catalyst traders had been seeking.
"I haven't been this bearish in a year," the well-known analyst told CNBC in a live interview. "I look at the board and every single stock is up. But there is no fundamental rooting as to why."
U.S. stocks rallied for the second straight week, with all three major U.S. indices reaching a new intraday high for 2009 on Wednesday.
The commodity’s rallying, and despite common wisdom that’s a good thing.
The seeming disconnect between the value of the dollar and the value of stocks is, in fact, not much of a disconnect at all, the New York Times reports.
Th e Dow rallied to a new high for 2009 after the Group of 20 pledged to keep stimulus in place until recovery was assured.
Although the Dow has reached it's 2009 high, its current level is somewhat similar to where it was several weeks ago, but what does this tell you about the market's future?
Cramer makes the call on viewers' favorite stocks.
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On a week where the Dow closes above 10K, gold tops $1,100 and unemployment hits 10.2%, the markets shrug off negative data to end the week up over 3%.
The latest overall job loss numbers showed a loss of 190,000 jobs in September and the unemployment rate rose to 10.2%, the highest unemployment rate since April 1983. The August and September numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Earnings season is coming closer to an end now that ~80% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
The President’s Economic Advisory Board will hold a public meeting on job innovation today, and Charles Phillips, president of Oracle and a member of the board shared a preview with CNBC's "Squawk Box' team on Monday.
Remember how bad things were last year? Then stop crying about one bad week in the markets.
The S&P 500 and NASDAQ Composite broke 7 months of consecutive gains to finish October in the red. Here is a look at this month's market statistics.
Stocks have given up all of yesterday’s strong gains now. The markets drifted lower into the early afternoon as the dollar flirted with its own session highs. Then, as the S&P 500 fell below its Wednesday close of 1,042 (which was a 3-week low), the markets took another move lower. A notable increase in volume of the S&P 500 SPDRs was also seen by traders as the S&P fell below this support level.
Despite a weak start to the last week of October, the Dow and S&P are now both up 2.58% and 0.85% for the month as of Thursday's closing session. Even though October ranks as a slightly positive month historically on average, up more than 53% of the time for all three major U.S. Indexes, the Nasdaq Composite has trailed behind, currently down 1.2% month to date.
The S&P 500 logged its best one-day percentage gain in three months on Thursday after GDP data showed the economy expanded at an annual rate of 3.5% in the third quarter.