Stocks closed slightly lower after struggling in a narrow range Wednesday as oil prices ended mixed on the second anniversary since the S&P 500 hit its low point of the financial crisis. Caterpillar fell, while IBM rose.
Stocks turned lower in the final minutes of trading after struggling in a narrow range Wednesday as oil prices ended mixed on the second anniversary since the S&P 500 hit its low point of the financial crisis. Caterpillar fell, while IBM rose.
Stocks turned mixed as oil prices steadied, and as the S&P 500 marked the beginning of a two-year bull market. IBM and Merck rose, while DuPont fell.
Portugal successfully sold 2-year debt, but at a high price: 5.99 percent. This is for 2-year paper, mind you. The previous cost for 2-year paper was 4.08 percent last September. Longer-dated paper (2014) was sold at a yield of 5.39 percent in January. You wouldn't know there was concern by looking at the Portugese stock market — it's not far from a 52-week high.
U.S. index futures pointed to a modestly higher open for Wall Street Wednesday, the two-year anniversary of the market trough of the financial crisis.
Stocks ended sharply higher after rallying throughout the session Thursday as an upbeat report on jobless claims and falling oil prices led investors to retrace losses from earlier in the week ahead of a key jobs report on Friday. Caterpillar and Bank of America gained.
Given the Libyan unrest, the "Mad Money" host doesn't recommend stepping in and buying stocks now.
Four ways the "Mad Money" host suggests playing higher commodity costs.
Laszlo Birinyi, former head of equities at Salomon Brothers during the go-go 80's is not giving a specific target for the S&P 500 this year. How come?
Stocks closed near session lows as civil unrest in Egypt sparked widespread selling that pushed the S&P 500 down nearly 2 percent and broke an eight-week winning streak for the Dow. Microsoft and Home Depot sank.
Stocks extended steep losses, as the S&P 500 slid nearly 2 percent, as civil unrest in Egypt sparked widespread selling despite decent economic numbers. Microsoft and Home Depot fell, while Kraft rose.
Stocks sank despite a reading on consumer sentiment that was better-than-expected, and after the government reported a gain in gross domestic product for the fourth quarter of 2010, as traders feared the outcome of the escalating protests in Egypt. Microsoft and Home Depot fell, while Coca-Cola rose.
What follows is a roundup of corporate earnings reports for Friday, Jan. 28.
The problem appears to be weak margins in the North American auto business due to higher costs and other factors. There was also a charge for completion of debt-conversion offers. For 2011, they expect each of its Auto operations to be profitable and expects solid profiability for Ford Credit.
Stock index futures traded flat to mixed Friday on a gain in gross domestic product for the fourth quarter of 2010, even though the 3.2 percent increase missed analyst expectations.
Stocks are seeing some of their loftiest gains deflate, and that could continue as investors weigh dozens of major earnings reports and a fresh series of economic news in the week ahead.
The company has spent more than $6 billion in acquisitions in recent months, and investors have been attracted to its 3 percent dividend yield as well as its growth prospects.
Big is better this year, especially multinationals in energy, health care , tech and industrials. "Don’t be underweight in global gorillas that are under loved,” says one strategist.
There's always a bull market somewhere, Cramer said. Right now, it's in the U.S.A.
Not if you believe as Cramer does that the precious metal’s price is headed to $2,000. Plus, get calls on the utilities, restaurants, the investment banks and more.