On a week where earnings dominated headlines with a strong performance by tech, the US markets rallied for the week, led by the Nasdaq Composite, up 7.44%. The NASDAQ pulled out 8-straight days of gains, for a gain of 8.04% in the past eight trading sessions.
Can IBM keep the good news coming with earnings after the bell tonight? Intel started all this, and there's every indication that IBM should help it continue.
By the closing bell stocks recorded their best three days of gains since the rally began in March. In fact the S&P 500 has gained 6.1% so far this week and it's only Wednesday.
Stocks closed sharply higher as a day-long rally gained steam after the Federal Reserve said the recession would end soon but that unemployment will continue rising.
Technology stocks rose more than 2 percent Wednesday following encouraging earnings, while a slew of economic reports fueled the notion the economy was showing stronger signs of a turnaround and boosted the broader market.
The Consumer Price Index was up .7% last month, while the core CPI rate, excluding energy and food, rose 0.2%. The consumer price index fell 1.19% in June from a year earlier.
As investors brace for a rollercoaster ride during the second-quarter earnings season, the dollar's weakness in the last three months could have played a key role for some multinational companies.
Stocks racked up their fourth straight down week Friday as a Chevron profit warning exacerbated earnings worries. Techs got a boost from an upgrade on the hardware sector.
On a week where GM emerged from bankruptcy protection, oil settled below $60 per barrel, and earnings season had its unofficial kick off with Alcoa, the US markets extended their losing streak to 4 straight weeks.
Stocks were mixed Friday as a Chevron profit warning exacerbated earnings worries but an upgrade on the hardware sector boosted tech stocks.
Options traders were bullish on Cisco Systems yesterday, apparently in early speculation over the networking technology giant's earnings report next month.
Stocks opened lower Friday as Chevron's earnings warning added to investors' worries about earnings and the economic recovery.
Futures pointed to a modestly lower open for Wall Street on Friday as Chevron's earnings warning added to investors' uncertainty on corporate earnings.
The Wall Street vet has high hopes for housing, but Cramer isn’t so sure about the call.
Caught on camera! Cisco CEO John Chambers is becoming quite the unlikely video star, teaching onlookers the proper techniques for a duck call. The video is getting widespread internet play.
With the official start of earnings season kicking off after the bell today, here are some stats on Alcoa and the rest of the Dow.
Both the Dow and S&P 500 rebounded in late trading on Monday as investors' concerns about the strength of an economic recovery triggered a move into defensive stocks.
Doug MacKay of Broadleaf Partners and Bill Spiropoulos of Corestates Capital Advisors agree: The March bottom will hold — and you want to be in equities now.
The Dow closed down by triple digits on Thursday with the widespread selling extended for an extra 15 minutes on the NYSE...
Stocks enter the second half of the year with trepidation, despite the fact that the economy may finally start to show real signs of recovery.