The Dow erased nearly all of its gains Monday, dragged down by the financial sector amid worries about financial reform. Caterpillar led the Dow's gainers, up more than 4 percent.
The Dow remained higher in mid-afternoon Monday amid a flurry of new M&A activity and an earnings beat from Caterpillar. But there was some weakness in the energy, banking and health-care sectors, which dragged on the S&P and Nasdaq.
Dow loses a bit of steam midday due to financials. The Dow has lost about 50 points in the past half hour (as of this writing) due to weakness in its financial components. This is likely due to concern that regulatory reform is looking increasingly real.
Stocks have been rallying in the last few trading sessions, but there are concerns that the economic recovery could freeze and affect market gains. Robert Barbera, chief economist at ITG shared his economic insights.
These stocks can be trusted, even in an environment where it’s hard to trust at all.
While corn ethanol dominates the current biofuel market, the future of clean liquid-energy looks more likely to be found floating on ponds than growing in fields. "It algae has the potential to revolutionize the field of biofuels," says one analyst.
With only a few green technology startups expected to make it, how can the best be separated from the rest? CNBC asked Greentech Media Editor-in-Chief Michael Kanellos which 15 should be on our radar.
Despite an unexpected rise in jobless claims, markets continued an uptrend on Thursday. Byron Wien, vice chairman of Blackstone Advisory Services shared his market insights.
Get used to seeing more energy deals like today's announcement from Apache about its purchase of Mariner Energy for $2.7 billion in cash and stock. Mariner is an independent oil and gas producer, with deepwater operations, principally in the Gulf of Mexico. Apache is a big oil and gas producer.
Stocks wavered on Thursday after a report showed initial claims for unemployment benefits rose unexpectedly for the second straight week. Bruce Kasman, chief U.S. economist at JPMorgan and Paul Schatz, president at Heritage Capital, shared their insights.
On Monday Citigroup said the rapidly rebounding economies of China and India should buoy demand for major coal producers. Is Citi late to the game?
Stocks advanced on Monday and the Dow surpassed the 11,000 mark. However, Art Cashin, director of floor operations at UBS Financial Services and Brian Piskorowski, managing director at Wells Fargo Advisors said investors should be mindful of a possible pullback in the near-term.
Firms have begun hiring again and consumers are spending again. If the economy’s recovering again, why aren’t markets roaring ahead? J.J. Burns, president of J.J. Burns & Co and Greg Peters, Global Head of Fixed Income Research at Morgan Stanley shared their insights.
The Dow briefly popped above 11,000 -- the first time it's reached that mark since September 2008 -- before settling a few points below. Chevron blazed the trail, making energy one of the day's best performers. Palm surged amid takeover rumors.
It almost feels like America is on sale considering the sheer volume of deal speculation in the market. With all the wheeling and dealing how should you trade?
The Dow continued rising toward 11,000 Friday as the dollar fell after a Greek official said the debt-riddled nation has not yet sought financial aid. Energy and consumer discretionary were among the best performers.
The Dow pushed toward 11,000 on Friday largely buoyed by the energy bulls. But that’s to say the market was without headwinds. Are these levels sustainable?
Stocks advanced Friday as commodity prices rose and the dollar fell after a Greek official said the debt-riddled nation has not yet sought financial aid.
Stocks snapped a two-day losing streak Thursday after retailers delivered their best sales numbers in a decade, reinvigorating confidence in the recovery. Banks and retailers advanced. Chips were weak.
There is a need for a concentrated energy policy like the FCC, said Mario Gabelli, chief investment officer at Gamco Investors. He shared his insights.