Stocks rallied Thursday after a strong reading on productivity and an easing in jobless claims — an encouraging sign ahead of tomorrow's jobs report.
Chartologists, including Greg Troccoli, are seeing a head-and-shoulders formation taking hold on the S&P today. Is it signaling a market reversal?
New U.S. claims for jobless aid fell to a 10-month low last week. What does this herald for stock markets? Art Cashin, director of floor operations for UBS Financial Services, offered CNBC his insights. Also: Cashin's take on hyperinflation and Treasurys.
Stocks opened higher Thursday as a strong reading on productivity and an easing in jobless claims helped cheer investors during a choppy week of trading.
Cisco posted a stronger-than-expected profit for its fiscal first quarter and said business was recovering as customers are buying more network equipment again, after cutting back for the past year. Simon Leopold, telecom equipment analyst at Morgan Keegan, shared his analysis of the company.
Cisco Systems' first-quarter earnings results signaled the beginning of an economic turnaround—especifically in the US, where business was flat after three straight quarters of decline, CEO John Chambers told CNBC Thursday.
The Fed expressed confidence that a recovery is building—but said it will keep borrowing costs near zero for "an extended period." Is this good news for investors and the markets? Robert Doll, vice chairman and global CIO of equities at BlackRock, shared his insights.
The major averages are coming off their second consecutive mixed sessions, with a late selloff Wednesday wiping out what had been strong gains.
Cisco could put a glow into tech stocks Thursday, but traders say the stock market could again be choppy.
Cisco Systems reported a profit that declined from last year's levels but handily beat Wall Street estimates, pushing the company's stock higher in late trading.
You know that Tim Seymour is bullish on China but now he’s got three new reasons to get long. Should you follow any of them?
In extended trade shares of Cisco popped as much as 4% after the company beat Street estimates. But is it enough to spark a rally?
Stocks ended mixed Wednesday as a post-Fed rally fizzled. Stocks had opened higher as investors cheered some encouraging readings on the economy, then swung in about a 50 point range after the Fed's statement, before finishing narrowly mixed.
Here's the news tech investors were craving: big time beats from Cisco Systems on the top and bottom lines, gross margins, and some very optimistic commentary from CEO John Chambers.
Stocks rallied Wednesday after the Fed's statement. The market had been higher before the statement as investors cheered some encouraging readings on the economy, then swung a little right after the statement before barreling higher.
Stocks jumped on Wednesday on positive economic data. Now, investors are waiting to hear from the Fed at 2:15pm. Will they confirm or deny the rally?
Stocks jumped Wednesday as investors shrugged off a weaker-than-expected reading on the services sector and cheered an improvement on the jobs front.
Traders have been talking about the upcoming Fed statement for days now, because even a subtle tilt in the Fed's posture on interest rates could unhinge the popular "risk on" trade, where investors bet against the U.S. dollar and throw money into risky assets such as stocks and commodities.
The job market and the Fed are likely to be at the center of Wall Street's focus Wednesday, following a volatile session which saw the major averages end not too far from where they started.
Technology stocks weighed down the market after Morgan Stanley downgraded the sector to "cautious" from "attractive." What's the tech trade, now?