The S&P rose modestly on Thursday with investors rotating into financials after BofA-Merrill upgraded Goldman Sachs to “buy” and raised its price target to $175.
Stocks opened higher Thursday as jobless claims dropped below a key level and Dow component Alcoa kicked off earnings season with a beat.
Futures indicated a rebound for Wall Street on Thursday as jobless claims dropped below a key level and Dow component Alcoa started the earnings season beating expectations.
With earnings season now officially underway, investors are sifting through Alcoa earnings trying to determine what they signal for the weeks that lie ahead.
The Treasury Department on Wednesday selected nine investment managers, including BlackRock and TCW Group, to operate funds that will buy toxic securities from troubled financial institutions.
A government plan designed to rid banks' books of the troubled assets that exacerbated the financial crisis will do little to address a fundamental weakness of the industry or the broader economy, analysts say.
Secrets from deep inside Goldman Sachs may soon flood the Street. The supposedly secure computer system used by the firm has been compromised.
Doug MacKay of Broadleaf Partners and Bill Spiropoulos of Corestates Capital Advisors agree: The March bottom will hold — and you want to be in equities now.
Plus, the Mad Money host reacts to the Goldman Sachs trading scandal.
The Dow is down 5.65 percent YTD and the S&P 500 had its lowest closing value since June 23 (as of this writing). With earnings season upon us, what's the stock-market outlook? Art Cashin, director of floor operations for UBS Financial Sevices, offered CNBC his Monday insights.
The Dow closed down by triple digits on Thursday with the widespread selling extended for an extra 15 minutes on the NYSE...
Stocks ended on a sour note Tuesday, but still managed to log their best quarter in a decade.
What a bad way to end a terrific quarter. Both the Dow and S&P 500 finished in negative territory despite concluding the best quarter in a decade!
As we face the second half of 2009, how should investors play financials? Dick Bove of Rochdale Securities offered CNBC his take on bank stocks.
Stocks are staging a dramatic end to a tumultuous quarter with the S&P likely to close up about 15% for the 3-month period. But is this the end of the line?
Stocks fell sharply Tuesday, with the Dow down more than 100 points, after a report showed consumer confidence slumped in June after a sharp rise in May. Today is the last day of the quarter, which means thin volume and volatility as investors do some last-minute window-dressing.
Goldman Sachs raised British bank Lloyds Banking Group to "buy" from "neutral," adding it to its conviction buy list, the bank said in a research note quoted by Reuters. Lloyds shared have topped the FTSE index Monday, rising nearly 7%.
The Dow closed lower with investors worried about consumer spending after a government report showed the savings rate rose in May to a 15-year high.
JPMorgan Chase has snapped up market share for its investment banking unit and, amid the financial crisis, its large balance sheet may put it in a position to threaten Wall Street's dominant investment bank, Goldman Sachs.
The Nasdaq traded higher Friday while stocks overall lost ground. Is technology emerging as true market leader?