U.S. stocks climbed on Friday, but closed lower for the week, as investors weighed Wells Fargo results and readied for a slew earnings ahead.» Read More
NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. MGIC Investment Corp., down 88 cents to $8.36. ChannelAdvisor Corp., up $1.06 to $24.22.
NEW YORK— The U.S. stock market is ending slightly higher as investors assess corporate earnings. The Dow Jones industrial average rose 28 points, or 0.2 percent, to finish at 16,943 Friday. Fastenal, which makes industrial fasteners, fell 4 percent after reporting revenue that fell short of analysts' estimates.
*Wells Fargo falls, but revenue tops forecasts. Wells Fargo& Co reported revenue that beat expectations, though for the first time since 2009, the bank did not increase its earnings-per-share from the preceding quarter. Fastenal Co slumped 4.6 percent to $45.92 after revenue missed expectations.
NEW YORK— U.S. stocks are opening lower and are headed for their biggest weekly loss since April. The Dow Jones industrial average fell 40 points, or 0.2 percent, to 16,873 in the first few minutes of trading Friday. Fastenal, which makes industrial fasteners, fell 5 percent after reporting revenue that fell short of analysts' estimates.
NEW YORK— U.S. stocks stabilized and ended with a small gain Friday, but it wasn't enough to prevent the market's biggest weekly drop since April. As investors try to make sense of the market, "we could be in a holding pattern," said Kristina Hooper, US Investment Strategist at Allianz Global Investors. Its weekly decline of 0.9 percent was the biggest since April 11.
*Wells Fargo edges lower, but revenue tops forecasts. *Fastenal reports revenue below expectations. NEW YORK, July 11- U.S. stock index futures pointed to slight gains at the open Friday in a modest rebound from recent losses, though major indexes remained on track for their biggest weekly decline since April.
*Fastenal reports revenue below expectations. *The S&P 500 has fallen for three of the past four sessions, dropping Thursday on concerns over the financial health of Portugal's top listed bank. *Fastenal Co reported second-quarter revenue that was below expectations.
NEW YORK, July 4- With all the hoopla over the Dow topping 17,000 out of the way, the market's next focus will be whether the fast-approaching earnings season can justify U.S. stocks climbing further into record territory. Many factors point to a second-quarter earnings season poised to surprise substantially to the upside.
U.S. stock index futures were mostly lower Friday, following the release of JPMorgan Chase earnings.
U.S. stock index futures signaled a lower open on Thursday, with shares in Asia and Europe boosted after dovish minutes from the latest Fed meeting.
Fears of a China-led slowdown, softer U.S. data and a mixed bag of earnings news unleashed a selling wave in stocks.
The adage "As January goes, so goes the year" has created concern among traders who see the seesaws of 2014 as a negative.
Some of Wednesday's midday movers:
The stock market's blue Monday turned into turnaround Tuesday, so what about Wednesday?
Conquer the Morning! Conquer the Day! It's the new "Squawk Box" ad campaign and a chance to get to know the anchors better. Yep, our Talking Squawk blog is back.
Some of Friday's midday movers:
Companies are making headlines before the bell Friday:
A strong sell bias continues among company insiders across the market, as stocks breach trough historic levels.
U.S. stock index futures hovered around the flatline Wednesday, ahead of the Federal Reserve's minutes from its latest policy meeting as investors will watch for hints as to when the central bank will pare back its bond-buying program.
Take a look at some of Wednesday's midday movers: