Stocks advanced Thursday after a report showed jobless claims fell last week and banks gained. Weak retail sales tempered the mood.
An upbeat view on banks and higher oil prices drove both the Dow and S&P higher on Thursday.
Stocks advanced on Thursday after a report showed jobless claims fell last week and banks gained, balancing the disapponting chain store sales this morning. Read and listen to what experts had to say…
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Stocks opened slightly higher on Thursday after a report showed jobless claims fell last week. Meanwhile, nonfarm productivity rose 1.6 percent in the first quarter, compared to the initial estimate of 0.8 percent and the 0.6 percent drop in the fourth quarter. Read and listen to what experts had to say…
New U.S. jobless claims fell for a third straight week last week; productivity rose 1.6 percent. What does this herald for the stock markets? Art Cashin, UBS Financial Services director of floor operations, offered his insights to CNBC.
Stocks opened slightly higher Thursday after a report showed jobless claims fell last week but the gains were offset by the retail surprise: three-quarters of retailers reporting chain-store sales this morning missed their targets.
Investment banks are putting out almost record earnings, and investors should buy into the sector soon, said Jon Peace, European banks analyst at Nomura.
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The Dow and S&P 500 tumbled on Wednesday, halting a four-day winning streak, largely due to falling oil prices and rekindled worries about the economy.
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Stocks were two for two for June, notching another gain Thursday as investors were encouraged by the sharpest jump in pending-home sales in 7 1/2 years. But financials sat this one out following a new round of stock offerings.
JetBlue Airways plans to raise funds by selling 20 million new shares and $150 million in convertible debentures, the airline said Friday.
U.S. stocks ended up Monday and rose anew Tuesday, after pending home sales showed the biggest gain in more than seven years. What's next? Art Cashin, UBS Financial Services director of floor operations, offered CNBC his stock-market insights.
Stocks rebounded off a lower open on Tuesday after a report showed the sharpest jump in pending-home sales in 7 1/2 years.The major indexes kicked off the month with a 2-percent rally amid signs of strength from China’s manufacturing sector and relief that General Motors finally entered bankruptcy protection. Read and listen to what the pros had to say...
There is still some recovery left in this rally and investors can still make money, said Andy Hartwill, market strategist at Quasar.
Stocks retreated Tuesday after getting a boost in morning trading from the sharpest jump in pending-home sales in 7 1/2 years.
Stocks rebounded off a lower open Tuesday after a report showed the sharpest jump in pending-home sales in 7 1/2 years.