Around lunchtime Wednesday the Dow traded higher with JPMorgan among the strongest names in the blue chip index.
Art Cashin, floor manager for UBS Financial Services, offered CNBC his insights into what traders expect for Wednesday.
Intel: are PC sales really bottoming? After the close intel reported earnings that beat expectations, and while they gave cautious revenue guidance trading desks are focused on Otellini's comment that PC sales had bottomed out in the first quarter.
Following a 4-week rally the markets traded lower as of midday Monday, weighed by on-going concerns over the health of the financial sector. Despite four weeks of steep gains, financials, industrials, and utilities companies remain deep in the red year-to-date, recording losses over 10%. Which are the worst/best performing companies?
Following are the week’s biggest winners and losers. Find out why shares of AK Steel and Wynn Resorts popped while Monsanto and Capital One dropped..
The Obama administration’s economic recovery plan and proposed budget has lots of things for small and closely-held businesses – almost all of them bad, writes author Wayne Rivers.
Plus, Cramer discusses credit-card and drug stocks, as well as the housing bottom.
Key Democratic lawmakers are pushing legislation that would block creditors charging high interest rates on credit cards from collecting from consumers in bankruptcy proceedings.
Following are the week’s biggest winners and losers. Find out why shares of Home Depot and Darden Restaurants popped while Capital One and Morgan Stanley dropped.
Cramer makes the call on viewers' favorite stocks.
As of midday Monday, all major indices are on track to close up for the fifth consecutive day. The S&P 500 has climbed over 14% in the past five sessions, while the Dow Jones Industrial Average and NASDAQ Composite are both up about 13%.
Stocks rose for a second day on Wednesday after JP Morgan Chase said the bank was profitable in January and February, echoing comments by Citigroup a day earlier.
A large trader has stepped in to buy calls in Capital One Financial Wednesday. About 10,000 upside calls were bought at the April 12.50 strike for $1.35 and $1.40, in a span of about two minutes this morning.
Stocks took off like a rocket Tuesday, with the Dow gaining a whopping 5.8 percent, as banks rallied after a combination of encouraging news from the sector. The Nasdaq jumped 7.1 percent.
Stocks pared some of their earlier gains but were still up sharply on renewed confidence about the financial sector.
Prominent banking analyst Meredith Whitney warned that "credit cards are the next credit crunch"...
US stock index futures pointed to a higher open for Wall Street after Monday's selloff and with some good news emerging from the banking sector.
Lately, I have been receiving numerous emails relaying credit card horror stories, in response to my frequent blogs on the subject. But the one I got on Friday takes the cake, says Patricia Chadwick.
A big pharmaceutical deal is doing nothing to help stocks pre-open. Once again stocks overseas are being led down by banks.
Susan writes, “With the new TALF program, should I be a buyer of consumer credit names like Capital One?”