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Stocks rose for the third day straight on Thursday, marking the biggest three-day gain since November. Markets were up across the board, led by Bank of America and General Electric.
As the economy hemorrhages jobs (3.6 million and counting since the start of the recession), C-level suites everywhere are abuzz with executives hashing out the details of impending rightsizings, streamlining, redundancies, or whatever obfuscation of choice.
Last night on Fast Money, Guy Adami mentioned that "the PE is very compelling" for Hewlett Packard. Many of the PE's for the Dow 30 are at historic lows. Here's a "By the Numbers" look at current PE's and implied valuation.
Cramer makes the call on viewers' favorite stocks.
If you're looking for more reasons why we need to fix the housing mess, try this: It stimulates the economy.
The number of job cuts continued to soar in February 2009, reflecting the worsening US recession.
Two months into the year, the average dividend yield of the Dow 30 has continued to rise since the start of 2009, despite some significant dividend cuts like those from CNBC parent, General Electric. See how the 30 companies in the Dow compare.
More companies announced layoffs this week as the employment picture continued to dim. JPMorgan Chase and Chesapeake Energy were among the latest names on Thursday to announce job cuts.
Following are the day’s biggest winners and losers. Find out why shares of First Solar and American Express popped while Target and MetLife dropped.
The Dow Industrials, Dow Transports, and Dow Utilities are all hitting multi-year lows now. While the Dow Industrials and Dow Transports have been closing at new lows for days, the Dow Utilities closed below its October low for the first time on Friday.
While January was a poor month for the markets overall, February turned out to be worse. Both the Dow Industrials & S&P 500 once again had their worst month since last October – a feat which they both achieved in January as well. Will March be any better?
Following are the week’s biggest winners and losers. Find out why shares of IBM and Sears popped while WellPoint and Merck dropped.
Think you know why the market popped Tuesday? The answer's less obvious than you'd think.
Stocks jumped on Tuesday after Ben Bernanke delivered a big dose of relief when he signaled that nationalization of big banks was not at hand.
Investors enjoyed a Fat Tuesday of their own, reclaiming most of the prior session's losses, after Fed Chairman Ben Bernanke indicated that all-out bank nationalization wasn't part of the goverment plan.
Plus, Cramer makes the call on Home Depot versus Lowe's and the only financial stocks worth considering.
Finishing the day at 7,114.78 yesterday, the Dow closed at its lowest level since May 7, 1997. 7 of the 30 current Dow components were not in the index when the Dow last saw these levels.
While off the highs of the morning, futures are still indicating a slightly higher open ahead of Fed Chairman Ben Bernanke’s semi-annual testimony in front of the Senate Banking Committee.
US stock index futures pointed to a slightly higher open Tuesday, having slumped to a 12-year closing low in the previous session, as investors braced for economic data and a testimony from Federal Reserve Chief Ben Bernanke.
The Dow is now down nearly 50% from its peak in October 2007. So will Mardi Gras help break the losing streak and be a Fat Tuesday for the Markets? Unfortunately in this case, the glass is half empty and history is not on our side. Here are the historical averages for the major indices.