Stocks advanced after the Federal Reserve delivered one of its most optimistic statements in the past few years. The Dow more than doubled its gains after the announcement, sending the blue-chip index through 9,900 for the first time since last fall.
Stocks bounced around at the open Wednesday as the dollar slipped and investors remained a little jittery ahead of the Fed statement.
Although the Fed is expected to keep interest rates unchanged, investors will pour over the committee's statement and what they say could move the market!
During the height of the financial crisis, investors flocked to the safety of U.S. treasury debt and many on Wall Street are now calling the top in treasurys. So have bonds turned too risky? Kevin Giddis, managing director of Morgan Keegan and Michael Pond, strategist at Barclays Capital shared their insights.
The Dow 10,000 mark is very much in sight, so what does that mean for investors? Hugh Johnson, of Johnson Illington Advisors, and Emmanuel Ferreira, of the Oppenheimer Quest Opportunity Fund, shared their opposing market views with CNBC on Wednesday.
They are the moves, comments, and reflections of a struggling auto industry finally getting back on its feet. In the last week several major automakers and their executives have sent clear signs they are preparing for better times.
The new day opens with the Dow, the S&P 500, and the Nasdaq coming off fresh 2009 closing highs, with investors now squarely focused on 2:15 pm ET this afternoon. That's when the Fed's Open Market Committee issues its latest statement on interest rates and the economy.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
My blog about Chrysler deciding to kill the owner's manual and replace it with a DVD and a small quick reference user guide prompted many of you to blast me for saying it seems like a smart move.
It was not exactly a planned strategy, but the recession, particularly in the United States, has been very good for Hyundai, the South Korean automaker.
Euphoria fades Monday as the market digests previous days' events. Japan's Mitsubishi seeks a piece of Morgan Stanley—killing hopes for a Morgan/Wachovia merger. And NYSE adds 30 stocks to the "no short" list.
The sixth annual Ad Week kicks off today at the New York Times building in midtown Manhattan. Everyone who was here last year can't help but reminisce about the financial meltdown that unfolded during September 2008's event. Last year ad spending was already starting to decline, so this year the big question is whether the ad dollars are coming back and, if so, where will they go?
In the world of advancing the auto business, this doesn't rank up there with side curtain airbags in terms of importance. Heck, it's a change most people won't even notice. Still, Chrysler's decision to replace the bulky owner's manual with a DVD and small user's guide is one that a few folks out there will see as a no-brainer that is long overdue.
It's gotten so bad in real estate that condo developers can't even give away a FREE CAR to lure buyers.
Every once in a while, you go to an auto show, and the future of the industry crystallizes before your eyes... ow there is another wave of vehicles that will drive the auto industry over the next 10-15 years. They are the electric, plug-in hybrids, and extended range electric cars.
Stocks rallied for a third day Wednesday, jumping more than 1 percent, as industrial production rose for a second straight month and weakness in the dollar boosted commodity and industrial stocks.
Cramer makes the call on viewers' favorite stocks.
Chrysler CEO Sergio Marchionne candidly admits the troubled American auto maker was far weaker than expected when he finally took over as CEO. I caught up with him at the Frankfurt Auto Show, and he pulled no punches in assessing what he found at Chrysler when he became CEO.
Automotive steel has changed quite a bit since the first Model T rolled off the assembly line. Prompted by crash-worthiness requirements and the need to make cars lighter to improve gas mileage, automakers are replacing conventional steels with advanced high-strength ones.
Renault/Nissan CEO Carlos Ghosn is not a man to tiptoe into anything. When he leads his company into a new arena, he likes to go in charging. When Nissan stepped up to the U.S. full size pick-up truck market a few years back, he made a big splash in Detroit. Now, in Frankfurt, he's doing it again.