Stocks turned mixed after a mixed batch of economic and earnings news, and as investors continued to weigh the next steps from the Federal Reserve. Alcoa rose, while Chevron fell.
Although the dollar weakened further, stocks moved little following mixed economic data this morning. Futures didn’t react much to a slightly disappointing Q3 GDP reading today (up 2.0 percent vs. up 2.1 percent consensus). Similarly, slightly higher-than-expected October Chicago PMI (60.6 vs. 58.0 consensus) did little to move stocks up at 9:45am ET.
U.S. stock index futures pared losses, with Nasdaq futures pointing higher, after a first reading of third-quarter economic growth came in as expected.
Stocks closed mixed Thursday after shaving deeper losses from earlier in the day in the last half hour of trading as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while Pfizer and Walt Disney rose.
On the surface you might think Thursday was a quite day. But if peel back the layers you'll find the session was chock full of some thrilling moves – rich with profit potential.
Stocks trimmed earlier losses in the last half hour of trading Thursday as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while AmEx and Pfizer rose.
The stock is moving off its lows—many energy traders are openly skeptical that the National Commission release of documents will make a big long-term difference.
It’s hard to ignore the fact that for the past three months the S&P and the greenback have traded in an almost perfect inverse relationship. Is that about to change?
With so many seeming negatives coming from this sector lately, is the stock a buy?
Halliburton was one of the biggest losers in the S&P Monday. How do you protect against a further sell off in the space?
Stocks closed higher as Citigroup's earnings lifted bank stocks ahead of a cluster of earnings reports this week, including Apple and IBM, which report after the market closes. Bank of America and JPMorgan rose, while Intel and Home Depot fell.
What follows is a roundup of corporate earnings reports for Monday, Oct. 18.
Stocks rose as Citigroup's earnings lifted bank stocks ahead of a cluster of earnings reports this week. Bank of America and JPMorgan rose, while Intel and GE fell.
Brian Kelly of Kanundrum Capital thinks so. By simply discussing QE2, the Fed could restore confidence without having to take any action and that's no good for stocks.
Stocks turned mixed as Citigroup earnings lifted bank stocks, but a decline in tech stocks took strength out of the Nasdaq. JPMorgan and Exxon Mobil rose, while Intel fell.
Stock index futures are pointing to a mixed open Monday, regaining some ground after Dallas Federal Reserve President Richard Fisher said on CNBC that the Fed can't help the economy alone, and that there is "ample liquidity" in the market that hasn't been put to work.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Although quantitative easing by the Fed would boost stock prices, investors fear that the economy needs government intervention. To play it safe, here are 10 large-cap stocks that rank as analysts' favorite picks within their sectors—and 30 more top-ranked names in those sectors. ...A report from TheStreet.
The Obama administration's lifting of the drilling moratorium in the Gulf of Mexico (GOM) was expected, but it is nonetheless a positive for GOM exploration and production companies.
Halfway through what's typically the worst month of the year, stocks are up sharply. Can they possibly continue to climb?