Some of the names on the move ahead of the open.» Read More
With the S&P closing at an 8-month high and above a former level of resistance, are the bulls about to take this market another leg higher?
Stocks rallied to the finish line Monday after a wobbly morning as a CIT deal to avert bankruptcy and strong earnings gave investors cause for optimism.
These are the forces that are moving stocks right now.
A strong start for stocks began to peter out Monday, though CIT continued to rally.
Stocks opened higher Monday as investors were cheered by news of a deal that will avoid bankruptcy for commercial lender CIT Group and a better-than-expected start the earnings season.
Futures are higher this morning on a combination of optimism over a CIT deal, better earnings, and a bullish call from Goldman Sachs.
Futures indicated a positive open for Wall Street Monday as investors were cheered by news of a deal that will avoid bankruptcy for commercial lender CIT Group.
The oil services sector was the top gainer in the S&P for the first half of 2009, and Stephen Gengaro, managing director of Jefferies, said the sector will continue to be a good bet in the second half.
While Adrian Day, chairman and CEO of Adrian Day Asset Management, said the short term play could be risky, John Licata, chieft investment strategist at Blue Phoenix, said it indicates a good buying opportunity. (See Licata's stock picks below)
The economy is going to continue to get more difficult from here and investors need the market to show that it can sustain the kinds of moves that stocks have made, said Christopher Zook, chairman and CIO of CAZ Investments.
The Lightning Round is extended in this CNBC.com exclusive feature.
This is not a bear market rally but a cyclical bull market, said Barton Biggs, managing partner at Traxis Partners. "We’re about half or 60 percent of the way through the upside.”
The EEM has surged 50% since its March lows. Is there still room to run or is the trade overdone?
S&P up over 5 percent this week, you would think the entire market is rallying. Think again. Lift the hood a little, and you will see big-time rotation going on.
Traders are bullish on the Shaw Group, buying both stock and options contracts after the engineering company announced a strategic deal to help build nuclear power plants in China.
Stocks rallied on Friday as earnings showed companies have weathered the recession and economic data raised hopes the economic cycle may have hit a bottom.
It seems some oil stocks are working, even when the commodity itself is not. What’s going on?
Two key analysts have their opinions. And, of course, Cramer has his.
European markets and U.S. futures are lower this morning following weakness out of the financial sector as well as some poor outlooks from various U.S. companies.
It is time for investors to start putting money into oil services, especially the small-cap companies, two strategists told CNBC.