U.S. stocks closed little changed on Thursday, with the S&P touching highs, as investors weighed mostly upbeat earnings and mixed economic reports.» Read More
Actually, no. Too bad Chris Cox doesn't know that.
Nearly 1.4 billion shares and over $16 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
On Mad Money we pander to neither panic nor euphoria. On Tuesday, an up day, Jim urged everyone to get out of the financials. I can't emphasize how important it is that we go negative on up days, but history can. The 234 point rout yesterday afternoon is a pure example of what I'm talking about. We try not to be too down on down days, and emphasize extreme caution on up days because that's useful.
For as long as I've worked the auto beat, I've heard the same thing, "watch out for the Chinese car companies!" The theory/fear being, Chinese automakers will get to the U.S. market and work quickly to make their mark.
Mazda Motor is confident it will achieve its U.S. sales target of 290,000 vehicles in the business year to next March despite a sharp downturn in that market, a top executive said on Tuesday.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. $4 oil has some wishing they could escape their big gas guzzlers... and with the public's renewed interest in fuel efficiency this company is trying to better focus on what’s working. Today, the stock was higher on speculation that it could sell its Volvo unit. Who is it?
To help put the current inflation spiral into perspective, Guy Adami examines another period in history when inflation was out of control. The 1970’s!
For the short Independence week ending Friday, July 3, 2008, the U.S. Markets ended the week in bear market territory with the Dow and the NASDAQ off more than 20% from their market peak set in October, 2007.
Talk about a tough week. On Monday Chrysler announced it would be shutting an assembly plant outside St. Louis and stripping out the shift of another one in Missouri. Then yesterday, the company reported June sales that put the company's market share for the month at 9.9%.
As automakers dropped their latest batch of awful sales numbers on the market on Tuesday, reinforcing the gloom spreading across the economy, the troubles confronting American workers seemed to intensify, the New York Times reported.
There's a good chance stocks could hold onto some of their positive tone Wednesday, and maybe even into Thursday, as traders search the rubble for bargains.
Stocks coasted to a positive finish, fueled by better-than-expected sales from General Motors, short covering and a pop in a manufacturing gauge, in what was a rollercoaster start to the first half.
This morning, in discussions with my colleague Dylan Ratigan, I stuck my neck out and said that the market should trade up modestly today for several reasons: 1) ISM was better than expected, 2) first day of the third quarter is historically an up day, and 3) the market is as oversold and bearish as I have seen it in many years.
General Motors surprised investors with a sales decline that was much less steep than expected, and the company's shares skyrocketed higher.
It was a rocky start to the second half for Wall Street as the market digested a mixed bag of auto sales, a $2 jump in oil prices and an encouraging reading on manufacturing.
Talk about throwing a curve to the experts. June auto sales shows that some people have been too quick to jump the gun and assume certain automakers would sell, or not sell.
Stocks had a wobbly start to the first half as a $3 jump in oil prices and selloff in European banks rippled through the market.
Here's to a better second half. We could use it. You've heard the superlatives. The market has had its worst first half since 1970. Think men on the moon and bell bottoms, and GM shares trading higher than they are now. Ouch.
When a company’s in debt as much as GM and Ford, it’s the creditors that hold sway – not the shareholders.
Shares of General Motors tumbled to a 54-year low while smaller rival Ford Motor hares fell as much as 10 percent on Monday on concerns record oil prices would further hit U.S. demand for vehicles.