U.S. stocks rose on Tuesday, building on gains after CPI rose in June, with sentiment also stabilized by encouraging earnings reports.» Read More
Following are the day’s biggest winners and losers. Find out why shares of Dupont (DD) and Aluminum Corp of China (ACH) popped while Washington Mutual (WM) and Alliant Techsystems (ATK) dropped.
Stocks closed sharply higher after a late-session rally as investors piled into sectors seen as resistant to economic contraction, such as health care and staples, amid talk of recession.
U.K. markets down 1.5 percent on disappointing results from retailer Marks & Spencer (down 20 percent in the U.K.) and vague concerns that the U.S. slowdown may be spreading to Europe. Yesterday a confluence of events, including comments from AT&T about slowing consumer business, and poor commentary from Circuit City and Brinker, added to the poor sentiment.
Chemical maker DuPont Wednesday raised its 2008 earnings forecast on strength in emerging markets and its agriculture and nutrition segment, sending its shares up nearly 4 percent in premarket trading.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Why did companies in the raw materials sector, such as shares of US Steel (X), Dupont (DD), and Monsanto (MON), break out this week when the dollar stabilized and turned higher?
Tomorrow’s jobs report is more important than usual. The Fed has implied that unless the data gets really bad they are not going to lower rates again (most feel they will have to anyway). This means for the time being the markets can no longer play the "bad news is good news" story...
With positive comments from Microsoft and Countrywide today, it's time to step back and take a slightly broader view of the markets. The S&P is up 7% this year (and 3% from its historic high).
The pattern is now very clear: companies that have significant exposure to the U.S. consumer market are having problems. Whether it is Coach (lowered guidance), IHOP (drop in guest traffic), Brinker (ditto), or Whirlpool (lower overall sales). These companies are 1) seeing slower business in the U.S. market and 2) get a significant part of their sales in the U.S.
Stocks ended broadly higher amid continued strength in the tech sector, which gained following Research in Motion's deal to distribute BlackBerry smartphones in China, along with strong earnings reported by Apple.
Tech is the bright spot today and could be a big market driver. That Nasdaq is particularly strong after its 1% gain yesterday. Major stock markets in Europe are all higher, after Asian markets closed with gains. The Dow and S&P 500 had just slight gains yesterday of just above 0.3% each.
As suspected the market cares more about Apple's earnings than anything else this morning. However, a number of other important companies came through, with a couple exceptions. At American Express, investor concerns about a slowdown in card spending and an increase in charge offs did not materialize.
Chemical maker DuPont said on Tuesday that third-quarter profit rose more than 8 percent as higher international seed sales offset weakness in the U.S. housing and auto markets.
And the bell rang and what happened was a very modest late day rally. Perfect. A big selloff, and fear levels would go way up. A big comeback, and the bears--who have gained a great deal of traction in the past week--would be throwing stones immediately. Very modest rally is just the right reaction.
U.S. stock investors looking to recoup from the worst week in almost three months will have to keep one eye out for signs of weakness in earnings due this week and the other on the threat surging oil prices.
Cramer is still confident the index will reach his year-end target. Here are the leaders that will get it there.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
EU farm ministers fell short of a consensus agreement on Wednesday to allow imports of three genetically modified (GMO) maize types, again revealing their deep differences on GMO crops and foods, officials said.
Dutch chemicals group Akzo Nobel has won access to Imperial Chemical Industries' books after raising its indicative bid for the British maker of Dulux paints to 8.0 billion pounds ($16.3 billion).
Dow Chemical, the biggest U.S. chemical company, is considering making a bid for Britain's Imperial Chemical Industries, the Daily Telegraph newspaper said on Wednesday.
Stocks ended sharply lower on several disappointing earnings reports and concerns about the housing industry. "The housing story has gone from bad to worse. It's pretty clear that the subprime market is not as well contained as a lot of people had been thinking," said David Rosenberg, North American economist at Merrill Lynch.