Stocks turned lower on Thursday, led by energy and financials, amid the strengthening dollar and a pair of credit downgrades on BP. Techs were among the best performers.
Considerable confusion surrounding the president's new order on Gulf of Mexico drilling, most of it not good for the deepwater drillers: 1) a 6-month moratorium on permitting for new offshore oil and gas wells 2) the halting of all deepwater wells. The second part was a surprise to everyone. The issue: how does this affect earnings of deepwater drillers?
Stocks jumped at the open and kept climbing on Thursday, following the previous session's late-day selloff. Can the markets hold the gains until the close? Christopher Hobart, CEO and founder of Hobart Financial Group, and Tyler Vernon, chief investment officer at Biltmore Capital, offered their insights.
In the wake of the terrible oil spill in the Gulf of Mexico, Joe Terranova is hearing some big changes lie ahead in the oil services sector.
Offshore drillers are again under pressure on concerns that there may be a partial shutdown in drilling activity in the Gulf of Mexico: Hercules, Diamond Offshore, Noble and ENSCO are again weak today, as are smaller exploration and production firms with a primary presence there. But attention has moved this morning to those who might be involved in the cleanup.
Oil service names weighed heavily on the S&P 500 as oil from the massive spill in the Gulf of Mexico oozed into Louisiana's ecologically rich wetlands.
What follows is a roundup of corporate earnings reports for Thursday, April 22.
Stocks ended a strong quarter with a thud Wednesday after a disappointing report on jobs from ADP.
'I'm a buyer of RIM if it pulls back on disappointing earnings,' says Guy Adami. What level should you get in?
Stocks turned mixed Wednesday, the last trading day of the quarter. Energy, financials and materials were the sector leaders.
At least one barometer of future movements for the overall market started to breakdown this week.
The Mad Money host talked with the CEO of Carrizo Oil & Gas to highlight the bull's case in this sector.
February goes down in the books as an up month that has put the market back to flat for 2010. How should you be positioned for March?
What follows is a roundup of corporate earnings reports for Thursday, Feb. 4.
The Lightning Round is extended in this CNBC.com exclusive feature.
What follows is a roundup of corporate earnings reports for Friday, Jan. 29.
Don't let the pundit-speak about "lagging indicator" or the market's move Friday fool you, the job market is crucial to the stock market right now.
Companies including TD Ameritrade, Coach and Turkey's Turkcell could be on Warren Buffett's radar, according to a quantitative screen by Standard & Poor's.
Oil prices are up almost 140 percent from the 52-week low and up 82 percent year-to-date. For those deciding whether there’s still opportunity in the sector, Oppenheimer & Co.’s Scott Burk, senior analyst of oil services and ocean shipping and Fadel Gheit, managing director of oil and gas research said investors just need to know where to look.
Oil and gas drillers are the most attractive subsectors within the energy industry now, said Derek Rollingson, portfolio manager at ICON Equity Funds. He shared his top five stock recommendations.