So far, the stock market has looked past the weather impacts on manufacturing, housing, consumer spending and even hiring.» Read More
Despite the ongoing rise in crude oil prices and the overall concerns of a weaker economy, the Dow Jones Transportation Average hit new all-time highs today. It passed its previous intraday high of 5,487.05 that it had set last July. If it closes over 5,446.49 today, it will set a new all-time closing high.
What does it mean if corporate earnings are "even better abroad" than in the U.S.? "A great play for investors," according to Keith Wirtz. The president and CIO of Fifth Third Asset Management offered "Squawk on the Street" viewers his outlook on the market -- and his favorite multinational stock picks.