Stocks shed 1.4 percent Friday, . Goldman Sachs tumbled on reports of a federal probe, prompting investors to unload bank shares. The Dow was down more than 130 points, or 1.2 percent, with 10 minutes to go on the clock.
Stocks continued to fall in the final hour as Goldman Sachs tumbled on reports of a federal probe, prompting investors to unload bank shares.
How many times have you heard me say that profits are the mother’s milk of stocks, business success, and job creation? Well, they remain the story of the day.
Stocks were lower in midday trading amid disappointing economic news, with financials and technology leading the way.
Today marks another month end as the U.S. Major Indexes are on track to their third successive month of gains with the Dow and the S&P up five April months in a row.
Europe about flat this morning, strong belief that a package for Europe will be announced Sunday or Monday
What follows is a roundup of corporate earnings reports for Friday, April 30.
Stock index futures rose Friday as fears of a default in Greece subsided after officials said a rescue plan could be unveiled as early as Friday night or during the weekend.
Markets could be in store for another dose of positive U.S. economic data Friday, as the Greek debt crisis seems contained for now.
A terrific day, with 3 stocks advancing for every 1 declining, volume moderate, as we again approach the highs for the year. It's been a fairly broad advance, with particularly strength in financials and cyclicals like consumer discretionary and industrials.
Stocks rallied Thursday, led by the financials, after fears of contagion from the European debt crisis eased and U.S. jobless claims fell.
Due to CNBC’s live coverage of the Goldman Sachs hearings, Fast Money was largely pre-empted on Tuesday.
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.