After hours the traders poured over Nike earnings, looking for insights into Wednesday’s market action as well as trading opportunities.
With new data showing that consumers are unlikely to help spark growth anytime soon, can the market sustain its recent gains?
If you think the housing market is on the brink of turning corner, you might want to think again. We may not even be close!
Housing stocks are again the downside leader today, what's up? This has been a tough week for homebuilding and building material stocks. In less than two days, some big names are down double digits.
Steve Auth, CIO of Global Equities at Federated Investors, and David Goerz, CIO of Highmark Capital, discussed their market outlooks and how investors should be shaping their portfolios.
A better-than-expected jobs report fueled hopes of an economic recovery and provided solid footing for the recent market run-up. Are we about to blast higher?
Stocks are at a pivotal point that has some traders looking for a pullback but others afraid to be caught short.
Stocks ended flat Tuesday as investors took a breather after Monday's blockbuster rally.
Stocks struggled to stay in positive territory for any length of time Tuesday as profit-taking after Monday's blockbuster rally overshadowed a fifth-straight rise in pending-home sales.
Stocks bounced back from a lower open Tuesday after a surprisingly sharp jump in pending-home sales.
Futures suggested stock would retreat Tuesday after a milestone session on Monday that sent the S&P over 1,000 for the first time since November.
Better economic news keeps biting into the dollar, and it could for awhile. That trend is also propelling stocks, and on Monday, the S&P 500, the Dow and Nasdaq all closed sharply higher. They also all cracked big round numbers, with the Dow finishing up 1.25 percent higher at 9286, its first close above 9200 since November.
The Chinese market is likely to fall 25 percent, taking U.S. stocks with it, with the S&P 500 possibly falling below 800, Robin Griffiths, technical strategist at Cazenove Capital, said Monday. But then U.S. indexes will rise again for a substantial amount of time, with the Dow estimated to rise to 1,250, he added.
Thousands of first-time homebuyers will be able to get short-term loans so they can quickly make use of a new $8,000 tax credit to pay for some of the costs of buying a home purchase.
KB Homes is up nearly 6 percent along with heavy options activity, as traders may be thinking that housing prices are finally hitting bottom.
Unemployment hit 8.9 percent in April and some predict that number could climb over 10 percent in 2009 as major companies further streamline operations to combat the recession. While some industries are more labor intensive than others, employee productivity is a key measure that managers and investors look at when evaluating performance. Take a look at which companies are squeezing the most out their shrinking workforces.
The imbalance in housing demand and inventories will continue to keep home prices down for some time, said Michelle Meyer, economist at Barclays Capital, and Karen Weaver, analyst at Deutsche Bank.
Options trading turned bullish in Lennar Monday, after Citigroup predicted that the home builder will survive the housing bust. Call volume surged to 12,428 contracts, more than triple the 20-day average...
Following are the week’s biggest winners and losers. Find out why shares of Tyson Foods and Philip Morris popped while IBM and NVIDIA dropped.
It’s time to get into home builder stocks, said Jim Wilson, managing director at JMP Securities. Mike Crofton, CEO of Philadelphia Trust Company, disagreed — but had some housing-related picks of his own.