Some of the names on the move ahead of the open.» Read More
The Dow industrials moved higher, backing away from bear-market territory, as oil prices pulled back.
Stocks opened mixed Monday but momentum quickly faded and within the first 30 minutes, the Dow industrials were dancing in and out of bear-market territory.
Traders are again seeking some short-term catalyst out of the stock market doldrums. It's likely we will get a one or two-day bounce as the new quarter begins tomorrow, but with oil remaining at a record and the dollar rally falling apart last week, that hope is thin gruel indeed.
Animation giant Pixar scored its ninth consecutive No. 1 Sunday with its robot love story "WALL-E," while Angelina Jolie achieved a personal best with her violent assassination thriller "Wanted." "WALL-E," bolstered by near-unanimous critical praise, sold an estimated $62.5 million of tickets in its first three days, said Pixar's Walt Disney Co parent..
To help investors through this volatile market environment, CNBC asked the experts for their best trades now.
Newspapers are breaking records -- and it's not a good thing. A double-digit drop in newspaper ad revenue, the third consecutive year of declines, and record margin contraction makes this the industry's worst year ever. The newspaper industry's ad revenue is down 12 percent this year, on top of last year's already dismal 8 percent drop.
Stocks fell sharply Friday as oil prices climbed about $3 and a concoction of rumors and bad news shook up the banking sector. Rounding the bend toward the closing bell, the Dow was off nearly 4 percent for the week, the S&P off 3 percent and the Nasdaq off 2 percent.
The stock market ends the week in negative territory with all major indexes down almost 2% or greater, led by the Dow which dropped almost 4% for the week and broke the 12,000 level for the first time since March.
Nuclear power may indeed be poised for a renaissance as many in the industry hope, but there have been false promises in the past.
Coal’s future role as a key source of US electricity depends on dramatically reducing its carbon emissions. So-called clean coal is an expensive and technologically challenging endeavor, but given America's vast reserves it may very well be worth it.
Forgive me for tooting the NBC horn for a moment, but it looks as though the company's online digital downloading service might be an unabashed success. At least according to the LA Times which has an extensive article today detailing the success of this thing.
Stocks bounced back from an early slide as banks recovered and strength permeated techs, housing and retail stocks. The market had opened lower as oil neared $140 a barrel and after a report from the New York Federal Reserve on regional manufacturing activity showed a worse-than-expected contraction. Lehman shares rose after the firm reported a loss on target with its pre-announcement.
What's bubbling in the options market? General Electric and financials, according to one tracker.
General Electric shares fell for a fourth straight day Monday after J.P. Morgan cut its rating on them to "neutral" from "overweight."
Some highlights from the report: --"Despite a valuation that now discounts bad news and an attractive story for the patient, long-term buyer, we can no longer recommend GE as we see further earnings risk and dislocation from necessary portfolio management in 2009."
Stocks opened lower on Wall Street Monday as oil neared $140 a barrel and after a report from the New York Federal Reserve on regional manufacturing activity showed a worse-than-expected contraction. Lehman shares rose after the firm reported a loss on target with its pre-announcement.
S&P futures dropped about 5 points as the New York Empire State Index was notably weaker than expected and has been down 4 of the last 5 months, then dropped again on oil. The most important issues this week:
Options were active in GE and Goldman Sachs last week, according to one observer.
Markets in the last hour: A strong dollar and lower oil helped stocks today, enough to eke out a small gain of 0.8 percent for the Dow for the week (the only major index that was up this week
Today, the dollar index traded at its highest levels since February, certainly above its recent range, and it did not drop commodities. Maybe a sustained rally will, but this theory has got some holes short-term.