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Stocks saw a turnaround on Wednesday as the Dow jumped almost 100 points in the first half-hour of trading, following a number of volatile sessions. Art Cashin, director of floor operations at UBS Financial Services, shared his market outlook.
Stocks erased most of their earlier losses in the final half-hour of trading Tuesday as materials and consumer discretionary stocks advanced.
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Stocks closed the day with an aggressive selloff as fears over Europe and concerns about banking trumped good news out of the housing market.
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As summer approaches, so do the action-fantasy movies. Last week, the venue was not the local cineplex, but another location noted for outlandish egos, special effects, and scripts that require substantial amounts of imagination to fill in the gaps—Washington DC.
Cramer's analysis on 10 stocks in different sectors.
Stocks fell Wednesday as Germany's move to ban some naked short-selling fueled a fresh wave of worry about financial regulation. The CBOE volatility index, spiked above 35.
Stocks fell Wednesday as Germany's move to ban some naked short-selling fueled a wave of fears about exposure to riskier assets. The CBOE volatility index, spiked above 35.
By and large, big blue-chip companies are executing well and have very strong balance sheets. In fact, the debt of several large-cap US multi-nationals is yielding less than like-duration US Treasury bonds. This is the first time in history this has happened.
By the numbers, the market is tough to play. Get Cramer's insight on two similar stocks.
Pete Najarian is more bearish than he's been in a long time. "Across the board many names look ready to break," he says.
The Dow tumbled over 100 points, or 1.1 percent, led by financials, as the dollar gained against the euro. Walmart was the lone gainer on the Dow. Oil ended below $70 for the first time this year.
What follows is a roundup of corporate earnings reports for Tuesday, May 18.
Stocks continued to slide in choppy trading Tuesday as the dollar gained against the euro. Financials were the biggest drag after Germany issued a proposal to ban naked short-selling.
Despite overseas woes, Sterne Agee initiated coverage of Apple with a $300 price target. Doesn't Apple typically generate large sales from Europe?
Stocks Tuesday continued the comeback that began in late trading Monday: Investors liked potentially oversold markets and seemed less anxious over the European debt crisis. Art Cashin, director of floor operations at UBS Financial Services, shared his market outlook.
Stocks were mixed Tuesday as Walmart buoyed the Dow but most other retailers and tech stocks were weak.
The SEC is expected to release its preliminary report on the causes of the May 6th drop in stocks this morning. They will also likely promulgate rules on single stock circuit breakers, as well as new rules on a macro circuit breaker and specific rules on breaking trades.
U.S. stock index futures pointed to a slight rise at the start of trading Tuesday, but investors remained wary of the fiscal problems in Europe.