Muscular retail sales figures encouraged traders -- as the dollar slips again and crude oil continues to soar. How should investors read these ostensibly contradictory signs? Erik Ristuben of Russell Investment Group and Holly Isdale of Lehman Brothers offered their sector insights to CNBC.
The continued surge in oil prices is starting to cut into economic growth--and with it, the slowly recovering stock market.
A new day, a new record price for crude oil. Is this becoming a long-term trend or is the momentum due to break?
For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08.
Stocks closed mixed as profit-taking, oil's resurgence and downgrades on Sun put a lid on the post-jobs report rally.
Stocks pulled back after rallying on better-than-expected April jobs report.
Chevron, the second-largest U.S. oil company, said Friday its first-quarter earnings rose 10 percent as record oil prices outweighed weak profits from gasoline production.
Stock index futures hovered around the unchanged mark Friday as investors waited for the latest employment numbers.
Futures rallied 12 points on better than expected nonfarm payrolls report, with minor revisions in February and March numbers. The market will like it because while the economy is clearly soft, we are not seeing a wholesale collapse in the job market. Wages, however are weak, negative in fact if adjusted for inflation.
April's jobs report could actually bring in more May buyers. The report is expected to show a loss of 75,000 non-farm payrolls or more last month. But Thursday's frisky market action could carry through if the report does not show up worse than expected.
Exxon Mobil posted disappointing first-quarter earnings, as record crude oil prices did not help the company as much as investors hoped.
The major US markets had one of their best months in a long time. See the highlights from Stocks, Sectors, Commodities and Currencies...
Exxon Mobil is due to report earnings Thursday; Chevron will report Friday. How should investors play the oil bigs? Rebecca Darst of Interactive Brokers told CNBC that one key is to watch options trading.
Headline themes ran through Wednesday's stock chatter on CNBC: Food inflation, oil and defense against economic turmoil. Click for analyst insights and recommendations.
Oil stocks are shooting up like geysers -- but which ones should you buy? Jason Gammel, senior oil analyst at Macquarie Capital, and Tina Vital, integrated oil & gas analyst at S&P, agree on two stocks -- for different reasons.
Stocks closed mixed in thin trading Tuesday as the tide turned in technology's favor. Airline stocks rose as oil prices receded. Merck skidded after an FDA rejection.
Heavy betting on Visa, churn in Yahoo, and perhaps some misguided faith in oil majors ... that's the trend in options, says Rebecca Darst of Interactive Brokers.
Stocks turned higher Thursday afternoon as the dollar strengthened against the euro, pushing the Dow to its highest level since January. Ford jumped as investors cheered a profit from a U.S. auto maker. Shares of 3M skidded.
Stocks opened higher Thursday after a better-than-expected report on jobless claims, and raised outlooks from Dow components DuPont and Wal-Mart.
Chevron should post higher first-quarter earnings than the previous quarter as record oil prices outweighed weak margins from refining and marketing, according to a report issued by the second-largest U.S. oil company on Wednesday.