The Dow staged a late afternoon comeback on Tuesday after a positive outlook from Hewlett-Packard offset fears of more losses at Citigroup and other banks.
After several false starts, stocks pulled off a final-hour rally, boosted by a better-than-expected forecast from Hewlett-Packard.
What's (not) up with small cap stocks? A glance at the market Tuesday showed the Dow down about 1 percent but the Russell 2000 Small Cap Index down more than 3 percent, causing many an observer to wonder what the heck is — or isn't — going on with the little guys.
You know it's been a bad Wall Street session when Cramer starts off his "Stop Trading" segment with the blunt comment, "This is a horrible market." He goes on to list the various factors: insurers, banks, retail and minerals (he didn't even mention the autos!).
Stock traders were passing around the video, which consists mostly of money manager Peter Schiff, head of EuroPacific Capital making dire predictions about housing and the stock market.
Almost every asset class — with the exception of U.S. Treasury bonds — will provide good opportunities for investors willing to take a long-term view, says Fritz Meyer, senior market strategist at Invesco AIM.
Stocks made another attempt at a rally Tuesday as investors juggled uncertainty over the govenrment bailout plan and an encouraging outlook from Hewlett-Packard.
An opening pop quickly fizzled Tuesday as the market's gloomy mood overshadowed an encouraging outlook from Hewlett-Packard.
Producer Prices were down 2.8 percent in October, the biggest decline on record month-over-month and far more than the expectations of down 1.9 percent.
The latest job cuts in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.
Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.
Stocks closed sharply higher as bargain hunters rushed back into the market to scoop up beaten-down shares.
Goldman Sachs added to its late-day rally after the bell as CEO Lloyd Blankfein addressed a Maryland financial conference. Are shares at a level worth owning?
Circuit City Stores, the No. 2 U.S. consumer electronics retailer, filed for bankruptcy protection Monday just a few weeks before the start of the key holiday shopping season, becoming the largest retailer to file under Chapter 11 this year.
Now is the time for long-term investors to jump in and build a portfolio of recognizable, brand-name companies, Robert Pavlik Chief Investment Officer Oaktree Asset Management told CNBC.
Stocks popped like a champagne cork Tuesday as Wall Street breathed a gigantic sigh of relief that the presidential election — and the uncertainty that comes with it — is almost over.
For the first time in history,the Dow, S&P 500, and NASDAQ finished the week up over 10%. Despite the gains this week, all major indices ended the month sharply lower.
The Dow closed in positive territory on Thursday, buoyed by hopes that world wide interest-rate cuts will help stave off a prolonged downturn.
U.S. stocks had another wild swing in the final 15 minutes of trading that pumped up the Dow from a gain of about 50 points to nearly 200 points as traders largely shrugged off this morning's GDP report that showed the economy is shrinking.
We have seen some amazing swings in the Dow over the past month but is there a pattern here?