U.S. crude settled down 5 percent on Friday as fears about the disruption of crude shipments from Yemen's conflict eased.» Read More
When oil prices go down sharply, energy stocks underperform. This is the simplest--and most direct explanation for the decline.
All three of Warren Buffett's recent live interviews with CNBC (Goldman and General Electric investments, House passage of the bailout bill) are now available for download as a PDF (Acrobat) document.
Jonathan Vyorst, manager of the Paradigm Value Fund, sees opportunities in financials.
Byron Wien, Pequot Capital Management's Chief Investment Strategist, is optimistic enough about the market to see "opportunities in every sector," including financials, which will benefit from an "enormous number of policy moves."
The chief executives of the nine largest U.S. banks trooped into a gilded conference room at the Treasury Department at 3 p.m. Monday. To their astonishment, they were each handed a one-page document that said they agreed to sell shares to the government, the New York Times reports.
Regulators have stepped up calls since the collapse of Lehman Brothers last month for more supervision of the $55 trillion credit derivatives market to improve its safety and transparency.
While still wildly volatile, the stock market may be ready to start paying attention to what normally drives it - earnings and economic news.
That most recent of bailout plans does more than just save us from another Great Depression. Cramer explains.
Following are the day’s biggest winners and losers. Find out why shares of Chesapeake Energy and XL Capital popped while Pepsico and Domino's Pizza dropped.
"I think we’re clearly becoming socialist," says an irate Jeff Macke on Fast Money. "The only bank stocks to own are..."
Stocks ended lower as hoopla over the government's plan to buy stakes in the nation's largest financial institutions died down and worries about earnings crept in. The Dow ended down just 75 points after swinging in an 850-point range. The tech-heavy Nasdaq lost 3.5 percent.
The US government outlined three new initiatives to aid financial institutions amid a historic credit crunch that has frozen lending around the world.
Today, the US Treasury, the Federal Reserve, and the FDIC announced measures to stabilize the financial markets, to build capital to increase the flow of financing to U.S. businesses and consumers, and to support the U.S. economy.
Stocks shot out of the gate Tuesday, a nice chaser to the Dow's biggest one-day point gain in history, after the government announced a plan to buy stakes in the nation's largest financial institutions.
Wall Street looked set for another rally Tuesday, after the Dow recorded the biggest one-day point gain ever on Monday, as world markets continued to surge.
The US government will 1) take a $250 billion equity stake in the form of preferred shares which cannot be redeemed for three years, 2) guarantee bank-to-bank lending, and 3) remove deposit insurance levels for non-interest bearing accounts.
The best stock market day in 75 years will no doubt be followed by a less enthusiastic Tuesday session. But the good news is the international effort to thaw the credit freeze may have finally given the markets at least a temporary jolt of confidence.
With officials suggesting that the government will likely buy bank stocks soon, should you beat them to the punch?
Cramer responds to calls made by legendary investor Julian Robertson.
Big CEOs (Lloyd Blankfein from Goldman, John Mack from Morgan Stanley and Vikrim Pandit from Citigroup) are all meeting with officials from the Fed and Treasury at this moment to agree on a financial market stabilization initiative.