Stocks ended a topsy-turvy session higher as investors juggled a profit warning from Bank of America and some dismal economic news with optimism over the Obama stimulus plan.
Stocks were on their way back up again as investors shrugged of some disappointing economic data and kept an optimistic outlook about President-elect Obama's economic-stimulus plan.
Stocks pared their gains Tuesday after a reports showed pending-home sales and factory orders declined, while a measure of the service sector unexpectedly improved.
That we didn't see it is a good sign. This is what is called a "consolidation phase," and while it does not guarantee the rally will continue, it is an encouraging sign.
Stocks were poised to rebound slightly Tuesday, as investors waited for some more data on the broader economy due shortly after the start of trading.
Stocks skidded as the unraveling of one of the biggest deals this year overshadowed gains in the energy sector.
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Stocks rallied to the finish line as investors shrugged off a drop in consumer confidence and cheered the bailout of General Motors' finance arm.
Stocks rebounded Tuesday as investors cheered the bailout of General Motors' finance arm.
General Motors up 10 percent pre-open as GMAC clears a major hurdle: They say they have raised enough capital to satisfy the Fed's condition to become a bank-holding company. This appears to be a new program operating within the TARP — so we now have a program specifically designed to invest in auto companies.
U.S. stock index futures pointed to a higher open for Wall Street Tuesday, after ending down on Monday, with investors still hoping for a last rally in the final days of the year.
The Dow slid on Monday after Kuwait pulled out of a joint venture with Dow Chemical due to the deepening global recession, threatening Dow's planned takeover of Rohm & Haas.
Stocks ended lower as the unraveling of one of the biggest deals this year overshadowed gains in the energy sector.
Stocks declined Monday as many investors were still away on holiday in this typically low-volume week between Christmas and New Year's.
Israel/Hamas, Pakistan/India driving oil and commodities up; Kuwait nixing Dow Chem deal hits Rohm & Haas shares; but Santa Claus rally seems to be holding.
U.S. stock market futures pointed to a slightly higher open for Wall Street as many investors were still away and with thin trading in Europe and Asia.
Mortgage rates are falling, a housing bottom looks near, oil's at $34, and GM lives to see another day.
This is the sector to own, but not just any stock will do. Find out which name is Mad Money's favorite.
Drugmaker Bristol-Myers Squibb became the latest big company to announce layoffs, saying it will eliminate another 10 percent of its work force through 2010.
This week brought a slew of layoffs, including Dow component Bank of America, which said its planned job cuts may grow to 35,000 over three years after it completes its purchase of Merrill Lynch.