Around lunchtime stocks paired some gains largely due to strong dollar rhetoric from Fed chief Ben Bernanke. Is the rally out of steam?
The recent bounce in the U.S. dollar has gotten some investors to worry about the next move. David Kelly, chief market strategist at JPMorgan Funds and Steven Stahler, president of Stahler Investment Group shared their market outlooks.
The S&P 500 snapped a 6-day winning streak with an ever-so-slight 0.07 point decline yesterday. However, rising 5.5% during the period, the run-up was the best such streak for the big-cap index since March 2003. Returning to the green today, the S&P is now up 7 of the first 8 trading days this month.
Plus, get seven more names to buoy your portfolio when the previously mentioned eight aren’t working.
Stocks started Monday higher on positive economic data. Will the trend continue—and where should investors be looking now? Thomas Karsten, president and chief investment officer of Karsten Financial, and James Paulsen, chief investment strategist at Wells Capital Management, shared their insights.
Stocks tumbled Friday, giving back all of the gains from the prior session, as worries about the recovery escalated after a pair of reports on the consumer and as the dollar rallied. The Dow shed 250 points, or 2.5 percent, but finished flat for the month.
Despite posting a 51 percent decline in profit Friday, Chevron's 11-percent increase in oil production offers an opportunity to investors, said Phil Weiss, senior energy analyst at Argus Research
Stocks tumbled Friday, giving back all of the gains from the prior session, as worries about the recovery escalated after a pair of reports on the consumer.
Stocks opened lower Friday after reports showed consumer sentiment and spending have declined.
Despite a weak start to the last week of October, the Dow and S&P are now both up 2.58% and 0.85% for the month as of Thursday's closing session. Even though October ranks as a slightly positive month historically on average, up more than 53% of the time for all three major U.S. Indexes, the Nasdaq Composite has trailed behind, currently down 1.2% month to date.
Futures indicated a lower open for Wall Street on Friday, the last trading day of October, after the Dow experienced its best day in 3 months Thursday after GDP data showed the world's biggest economy exited recession in the third quarter.
ExxonMobil reported a plunge in quarterly profit on Thursday, falling short of analyst expectations, as crude oil prices fell from year-ago levels. Phil Weiss, senior energy analyst at Argus Research Company, shared his analysis of the company’s earnings.
ConocoPhillips reported a 71 percent decline in its quarterly profit. Other oil giants including Chevron and Exxon will announce results later on this week. What should investors expect? Tina Vital, integrated oil and gas equity analyst at Standard & Poor’s U.S. Equity Research, shared her outlook.
As the US economic recovery looms larger, the gray cloud that has hung over the stock market for so long is finally starting to fade. Here's four sectors likely to outperform in the months and year ahead.
Which is why most investors had no clue about what was going on today. But Cramer knew.
Energy was a bright spot in Tuesday’s market largely due to strong earnings from BP. How should you game the rest of big oil earnings?
Stocks struggled Tuesday as energy stocks rose along with oil prices. But consumer-discretionary stocks dragged on the market after a disappointing consumer-confidence report.
Of the major indexes, the Nasdaq fared the worst on Tuesday. Is the tech trade over?
Stocks pulled back Tuesday after a report showed consumer confidence declined in October.
Stocks opened slightly higher Tuesday after encouraging reports on housing and earnings and as the dollar retreated.