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Stocks finished lower Tuesday as weakness in technology stocks sucked the air out the earlier rally inspired by oil's drop and the dollar's surge.
Stocks came charging out of the gate, inspired by oil's drop and the dollar's surge, but weakness in technology stocks sucked the air out of the rally.
Stocks kicked off September with a rally, inspired by the more than $7 drop in oil prices and a surge in the dollar.
Stocks opened stronger in Europe on a generally more positive tone for stock markets; however, the economic weakness in Europe is front and foremost. The British pound is at the lowest level in two years. Dollar at the highest level since February against the euro. Commodities are down across the board. Ahead of its meeting next week, OPEC may need to cut oil supplies by as much as 1.5 million barrels per day, or nearly 5 percent, Iran's OPEC governor said on Tuesday.
Following are the day’s biggest winners and losers. Find out why shares of Coach and Chico’s popped while Delta Air Lines and Big Lots dropped.
Stocks finished flat Tuesday, caught in the August crosswinds of a strong dollar and Hurricane Gustav. Oil rose more than $1 to settle at $116.27 a barrel.
Stocks struggled to remain above water Tuesday, caught in the crosswinds of a strong dollar and Hurricane Gustav.
Stocks swayed between positive and negative territory Tuesday, caught in the crossbreezes of a strong dollar and Hurricane Gustav.
U.S. stock index futures indicated a slightly higher open for Wall Street on Tuesday as the dollar strengthened.
Stocks ended a mundane week mixed, despite modest gains Friday fueled by plunging oil prices that nevertheless couldn't offset a cautionary trading environment.
Stocks closed lower—even though oil fell to $113 a barrel—as a fresh round of warnings about banking troubles squelched the market's week-long rally.
Fast Money now – the plays you need while the market is still open
Stocks moved lower off the market opening on a fresh round of bad news for financials and an economic sign that the US consumer was continuing to struggle.
For the week ending Friday, August 8, 2008, the U.S. markets ended the week on a positive note, cheered by a retreat in commodity prices, a Fed’s decision to keep rates steady at 2%, better-than-expected results in pending home sales, and a stronger dollar.
All Nippon Airways, Japan's second-largest airline, said on Wednesday it may cut services and its bigger rival Japan Airlines was reported to be following suit, due to soaring costs for aviation fuel.
U.S. light, sweet crude oil prices -- trading on the Nymex -- could fall toward $100 per barrel in the short term, Nick Batsford of Hobart Capital told CNBC.
The commodity decline that began a month ago and accelerated yesterday is continuing this morning. Traders are worried about the muted reaction from the stock market and are hopeful we will get a better reaction today.
To give investors an edge, CNBC asked the experts for their best trades now.
Former and current CEOs across various industries discussed the economy, energy prices, the state of the airline industry and more on CNBC this morning.
Nearly 1.7 billion shares and more than $18 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...