Stocks pared gains, although remained higher, after several positive earnings reports gave investors a reason to believe the U.S. economy is improving, even as they digested a mixed batch of economic reports. Home Depot and McDonald's rose, while Bank of America fell.
It's been 23 years since the infamous stock market crash of October 19, 1987, which became known as "Black Monday." What began in Hong Kong, and spread to other parts of the world, including the United States, caused the Dow to drop 508 points, or nearly 23 percent.
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.
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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.
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Stocks closed higher after losing ground in the last few minutes of the session following the release of the Federal Reserve's minutes indicating the central bank would step in to stimulate the economy "before long." Bank of America and Alcoa rose, while Verizon fell.
Stocks lost ground in the last few minutes of the session, although remained higher, following the release of the Federal Reserve's minutes indicating the central bank would step in to stimulate the economy "before long."
Stocks struggled for direction amid quiet holiday trading as investors considered the next steps from the Federal Reserve in the wake of a disappointing jobs report on Friday. 3M and Caterpillar fall, while JP Morgan rose.
We remain cautious in this environment. High quality blue chip stocks remain reasonably priced, but investors aren't buying these stocks. We have not seen the type of rotation into high-quality, defensive companies that we usually see when the economic backdrop becomes clouded.
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Since the Dow first settled above 11,000 on May 3, 1999, it has closed above this milestone 27% of the time (780 out of the last 2,878 trading sessions, or 11+ years of trading). Here are some vital stats, including oil, gold, bonds and stocks the Dow dropped since 1999.
Stocks closed near the highs of an upbeat session as investors gained confidence in the strengthening U.S. economy and the likelihood the Federal Reserve will resume quantitative easing. Boeing and Bank of America rose, while American Express fell.
Stocks advanced across-the-board Tuesday ahead of the closing bell as investors gained confidence in the strengthening U.S. economy and the likelihood the Federal Reserve will resume quantitative easing. Boeing and Bank of America rose, while American Express fell.
After catching two downgrades in two days, it would be better for Microsoft if they moved on without their current CEO, said one analyst.
Stocks continued to add to gains after a report that the service sector grew more than expected, and that new orders and hiring in the sector are on the rise. Caterpillar and DuPont rose, while Amex fell.
Stock index futures pointed to a higher open after the Bank of Japan cut interest rates and pledged to keep rates at zero until prices stabilize.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Stocks ended near session highs on Tuesday as investors considered the impact of the Fed's next moves to bolster the economy as well as weak reports on the economy. Pfizer and Intel rose, Cisco and P&G fell.