Considering the President just scolded the Street for pushing the nation into recession, why are financials inching higher?
Plus, get his latest on the drillers.
What follows is a roundup of corporate earnings reports for Monday, April 19.
The Dow pulled off a gain Monday as Goldman Sachs shares finished higher following news that the SEC vote to sue was close — raising doubt that the charges will stick. Citigroup jumped 7 percent after blowing past earnings forecasts.
Stocks pushed higher Monday after a sharper-than-expected rise in leading indicators and an earnings beat from Citigroup.
Negotiations over Greece's debt crisis have been delayed...because the airspaces have been closed due to the Iceland volcanic eruption. AND: Don't let the Goldman story, as important as it is for some financial firms, distract you from the main story: earnings are getting better.
U.S. stock index futures were lower ahead of the open Monday as investors were still reeling from Friday's news that the Securities and Exchange Commission charged Goldman Sachs with fraud, with banks leading European indexes lower.
Uncertainty surrounding Goldman Sachs will likely overshadow the positive news from dozens of major corporate earnings reports in the week ahead. Some analysts say the Goldman spacer fraud charges could be the event that will trigger a much anticipated stock market correction.
The Dow closed above 11,000 for the first time in almost 19 months on Monday as expectations of solid first-quarter earnings spurred buying.
While Europe initially rallied on the Greek aid package (a 30 billion euro loan package at roughly 5 percent for 3 yrs, plus an additional 15 billion euros from the IMF if needed), most European markets are unchanged as we approach the open of the U.S. Greece will come to market with a 1.2 billion euro offering 0f 6 to 12 month bills tomorrow.
The S&P inched higher on Tuesday with with latest leg of this slowing rally all about commodities. How should you trade it?
Cramer makes the call on viewers' favorite stocks.
The Dow backed off its push toward 11,000 Monday but continued trading higher as investor cheered some encouraging economic readings, including Friday's jobs report. The market was a beehive of spring activity today, buzzing about the Fed and interest rates.
The Dow inched toward the 11,000 mark Monday as investor cheered some encouraging economic readings, including Friday's jobs report. The market was a beehive of spring activity today, buzzing about the Fed and interest rates.
Yes, futures were weak at the open on two events: 1) many traders were short the market on expectations that healthcare reform passage would rattle stocks, and 2) more uncertainty over the EU's commitment to Greece. But then two things happened...
Cramer tells you which stocks to buy – and which to avoid.
Oil prices have been stuck in a range of about $65 to $80 for months, but several oil services stocks have recently been hitting new 52-week highs. Why are oil services stocks doing so well and how can investors play the rise? Kurt Hallead, oil services analyst at RBC Capital Markets, shared his outlook.
So, which stocks do analysts on average predict will have the biggest pop? Click to find out!
After their best week since November, stocks are looking to extend their current winning streak to five days. Asia jumped 2 percent overnight, while European markets remain fairly flat today.
The worst performing stocks in the S&P 500 during the most recent pullback have reversed their downtrend, outperforming the gains in the overall index by nearly 5% in the past five trading sessions.