CNBC's Mike Santoli looks that the rise of financial technologies and the the potential threat to banking jobs in the near future. » Read More
Wall Street's bull just won't give up, even in the face of crumbling support from oil and the dollar.
The bulls are still in charge, for now.
Cramer makes the call on viewers' favorite stocks.
The first days of the New Year bring Citigroup's Citi Investment Research Top Picks: The bank polled each of its fundamental analysts on a single best money-making idea for 2008, with the option of an additional small-cap pick. Citi says its 2007 list produced an average share price return of 16.7 percent, well ahead of the Standard and Poor's 500 average of 4.2 percent.
Stocks closed higher as investors were encouraged by strong earnings reports despite lingering subprime concerns. "There wasn't much negative news today from the subprime market and people still want to buy the market," said Todd Leone of Cowen. "We were way oversold and I think you have some people putting money to work."
Fiser , which sells data-processing technology and services to the financial industry, said Thursday it would buy CheckFree, an online check and bill-paying company, for $4.4 billion.