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Stocks tumbled at the open Monday as investors braced for the next batch of corporate earnings. The Dow dropped more than 100 points, or 1.5 percent in the first few minutes of trading. The tech-heavy Nasdaq lost nearly 2 percent.
US stocks looked set to drop at the open Monday as investors braced for the next batch of corporate earnings.
For the last decade, a job at Riana Paige, an undergraduate senior at the Wharton School of Business, had a high-paying internship at JPMorgan Chase last summer and was disappointed when she did not receive an offer for a full-time job after graduation. Now she is pursuing a job teaching in Dubai, or working for a wine importer.
If the broader market continues to take its cue from the financials, investors have a good deal more information by which to judge the health of the banking system after Citigroup, JPMorgan and Goldman Sachs reported results this week and Wells Fargo's detail-light pre-announcement last week. Or do they?
Which is the better indicator of the economy's health? The answer may surprise you.
For big banks like Citigroup, the first quarter of 2009 may turn out to be the best of the year.
Plus, a look at the positive effect that Washington has had on the banks.
Byron Wien, Pequot Capital chief investment strategist, offered CNBC his expert market insights and outlook for the economy.
Goldman Sachs priced its stock offering at $123 per share, or 5.5 percent below its Monday closing price. The sale garnered some 50 percent of Goldman's TARP loan. What does this mean for the financial giant?
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.
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.
Wall Street’s banking giants JPMorgan Chase and Goldman Sachs turned in better-than-expected earnings for the first quarter, leading many investors to hope that the beleaguered sector is over the worst of its troubles.
Early morning earnings reports from Citigroup and General Electric, and an update on GM's restructuring, are the key hurdles for stocks Friday.
Buy and hold, buy and hold. To Cramer, that strategy is garbage. Why? Because it assumes the market will never top out. But those who remember 2000 know different. Here's how to spot a peak in a portfolio.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The financials have rallied 35% in the past month on upside surprises. But how much longer can banks continue to wow the Street?
Stocks ended a rocky session higher Thursday as investors were encouraged by JPMorgan's results and techs rallied amid anticipation of better results from Google after the bell.
After good news from Goldman Sachs and Wells Fargo, should you buy the financials? Jon Fisher, portfolio manager at Fifth Third Asset Management, offered CNBC his outlook for bank stocks.
No doubt General Growth Properties' bankruptcy filing will have far-reaching implications for commercial real estate. The bankruptcy, which is said to be the largest real-estate failure in U.S. history, will further pressure already stressed property values for U.S. malls and mall mortgages and spark further consolidation.