Stocks had their ups and downs through the week, coming back from a long weekend and taking a triple-digit plunge on Monday, selling off more sharply on Tuesday, then regaining lost ground later in the week.
Stocks closed higher despite some selling in the final half hour of trading, giving the market its sixth straight weekly gain and its longest weekly winning streak since 2007.
Stocks rose on Friday, capping the S&P 500's longest weekly winning streak since 2007, helped by better than expected results from GE and Citigroup.
The US markets rally for the 6th straight week as fears about a devastating first-quarter earnings period diminish slightly and investors find increasing hope that the US economy may be stabilizing.
Accounting changes aimed at helping the balance sheets of banks with toxic assets appear to be providing little or no help so far with earnings reports.
Stocks got a quick pop Friday from a rebound in consumer sentiment to its highest level since September. But the bounce quickly slowed t o a dribble as earnings worries nagged at the market.
General Electric posted better-than-expected quarterly profit on Friday, and Jack De Gan, CIO of Harbor Advisory told CNBC that he remains bullish on the company.
Art Cashin, UBS Financial Services director of floor operations, offered CNBC his insights for Friday's stock market — and his outlook for the week ahead.
No surprises: GE and Citi report earnings. Shorts have a big problem: bank stocks were supposed to sell off this earnings week, but stronger than expected results is keeping bank stocks moving sideways and the rest of the market up modestly.
20 years ago today – on April 17, 1989 – the Consumer News and Business Channel launched. And how the network has evolved – from showing how to cook chicken in a microwave on the first day of broadcasting to covering the current global economic crisis over the past year.
Stock futures pared losses but continued to indicate a flat open Friday despite slightly better-than-expected first-quarter earnings results from Dow components Citigroup and General Electric.
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Early morning earnings reports from Citigroup and General Electric, and an update on GM's restructuring, are the key hurdles for stocks Friday.
On Friday, General Electric kicks off a string of earnings reports from the industrial sector and investors will be all ears. What should you listen for?
Madden has served as the game analyst for "NBC Sunday Night Football" since 2006. He has been an NFL broadcaster for 30 years and has won an unprecedented 16 Emmy Awards for Outstanding Sports Analyst/Personality.
The initial scare has gone from the market and it looks like the economy is showing signs of bottoming out, but it is difficult to predict where things will go from here, Jack Welch, the former CEO of CNBC parent General Electric, said Thursday.
General Electric reports first-quarter earnings on Friday. What do the charts say about about the venerable stalwart of Wall Street? Well it looks like investors may have to wait a long time for returns. Traders, on the other hand, will have much more fun and profit.
Stocks ended near their session lows Tuesday after a report showed retail sales unexpectedly dropped in March and as worries about banks simmered ahead of some key earnings.
Stocks opened lower Tuesday after a report showed retail sales unexpectedly dropped — and dropped sharply — in March. But Citigroup, Bank of America and General Motors advanced.