Yesterday, it was nearly $16 billion in investment grade debt floated from companies like Dell and Home Depot. Today, more names join the parade.
Portugal successfully floated debt in two auctions, but at a very high yield. In one auction, $839 million of notes due in 2013 were sold at a yield of 4.086 percent; the previous auction of the same maturity was sold at a yield of 3.597 percent. At these yields, why not issue debt?
Stocks were sharply higher Friday after the government reported August non-farm payrolls fell much less than expected. Will the markets continue to rally in September? Peter Costa, president of Empire Executions and CNBC market analyst and Wayne Kaufman, chief market analyst at John Thomas Financial discussed their market outlooks.
Stocks ended higher for a third session a day before investors get a better glimpse of the economy's health in the August jobs report. Alcoa rose, Merck fell.
Stocks extended gains Thursday afternoon, although were still up modestly, amid subdued trading ahead of the August jobs report on Friday. Home Depot rose, American Express fell.
Stocks are up modestly after a batch of economic data that showed glimmers of strength in the economy as investors await the critical August jobs report coming out on Friday. Home Depot rose, American Express fell.
Stocks were mixed after opening higher Thursday, following a handful of positive economic reports. Art Cashin, director of floor operations at UBS Financial Services, discussed his outlook.
Stocks opened below the 10,000 level Tuesday, but rallied after a surprising consumer confidence report. And NYSE trading volume has been 31 percent below average daily volume for August 2009. Art Cashin, director of floor operations at UBS Financial Services, discussed his market outlook.
Stocks finished sharply lower Monday amid light volume as confidence about the economy weakened and investors remained cautious ahead of several key reports coming up this week. Bank of America and Home Depot fell, while HP rose.
Stocks continued to selloff Monday amid light volume as confidence about the economy weakened and investors remained cautious ahead of several key reports coming up this week. Bank of America and Intel fell, while H&P rose.
Stocks are lower as investors shrug off a positive government report on consumer spending and a raft of mergers and acquisitions news. bank of America, Amex fell, while H&P rose.
Residents in 14 states and Washington can now appeal to their doctors for prescriptions for medical marijuana to help them with their pain. Their employers, however, may not be so understanding, reports the New York Times.
The Dow lost its grip on 10,000, ending near session lows Thursday as trading was light and investors braced for two events Friday: the latest reading on second-quarter GDP and a speech by Fed Chairman Ben Bernanke.
Stocks rebounded heading into the final hour of trading Wednesday, threatening to snap a four-day losing streak. The Dow was higher, finding firmer footing above 10,000.
There are no economic reports for markets to obsess over Friday, though the double dip debate will no doubt continue as traders look ahead to next week.
Cramer makes the call on viewers' favorite stocks.
Stocks were higher heading into the close Wednesday in thin trading Wednesday as investors shrugged off tepid reports from retailers. Exxon fell.
Target's stock rebounded after executives on a conference call said the retailer should meet analysts' expectations for the rest of the year. But is it a trap for traders?
Stocks pared losses Wednesday, with tech-heavy Nasdaq and the S&P 500 up slightly, after a mixed batch of earnings releases, and a day after a strong rally. Exxon, Chevron fell.