China may be routinely underestimating its steel sector output, with official 2013 figures coming in 40 million tons below a key industry estimate.» Read More
Stocks shot up Tuesday after the Federal Reserve dramatically cut interest rates.
In the boring world of Fed statements, this one was an eye-opener, indeed potentially historic. It was different in tone AND content from other Fed statements. How different? Traders on the floor looked a bit confused as they tried to parse through a lot of headlines that sounded very different from previous statements.
Stocks rose Tuesday, even after dismal reports on CPI and housing starts, as investors hope for new direction from the Federal Reserve when the central bank delivers its decision on interest rates today.
As expected, Goldman reported significantly losses in Principal Investments (including $961 million from losses in commercial real estate), and a $631 million loss due to the decline in value of their investment in International and Commercial Bank of China.
U.S. stock index futures indicated a higher open Tuesday as investors hoped for fresh direction from the Federal Reserve along with another cut in interest rates.
Cramer offers hard proof that bear raiders operated unchecked in their effort to profit from the American financial system's near collapse.
The Fed is the big focus Tuesday, but Goldman Sachs earnings will help set the tone ahead of the open.
Will Tuesday be a monumental day in the stock market, after Goldman Sachs reports earnings?
The Dow stumbled on Monday, roiled by worries about how big a bite the global financial crisis has taken from banks' profits and fallout from a massive investment fraud scheme.
Stocks closed lower amid worries about bank earnings and weak consumer spending on tech.
Goldman Sachs and Morgan Stanley report quarterly earnings this week. What's the story going forward for these financial giants? David Trone of Fox-Pitt offered his insights to CNBC.
The list of investors who say they were duped in one of Wall Street's biggest Ponzi schemes includes some of the world's biggest banks and hedge funds, the super rich and the famous.
Puts are trading heavily in shares of Marshall & Ilsley on Monday, after downgrades on the financial services firm.
This last gasp by the market is now in the hands of Goldman Sachs. The recently-converted commercial bank posts fiscal 4th quarter results Tuesday morning.
Stocks could chug higher this week, delivering that evasive Santa Claus rally, but it will all depend on whether investors are comfortable with the status of the auto-industry bailout. Plus, let's hope the Fed doesn't deliver any holiday surprises.
Following are the “Fast & Furious” trades - hot ways to play Monday's market moving events.
Lots going on next week. But what's most likely to move the market?
Stocks ended higher Friday after a topsy-turvy day of wondering if auto makers would get a bailout or face bankruptcy.
"I dread looking at Wall Street tomorrow. It's not going to be a pleasant sight." Senator Harry Reid, Thursday night. Gee, Mr. Senator, don't get into the stock commentary business.
Enough gloom and doom. There are some bright spots in this market. And both Dennis Gartman and Jon Najarian like what they see.