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Volatile trading in stocks and bonds could continue as investors sort out what's going on with the Fed and whether markets have come to some sort of inflection point.
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Apple Inc. fell $6.07 or 1.4 percent, to $436.86. Dell Inc. rose$. 00 or percent, to $13.41. Hewlett Packard Co. rose$. 16 or. 8 percent, to $21.34.
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Earnings from several retailers are a highlight Tuesday, but, for traders, the Fed will remain the focus all week.
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WASHINGTON/ SAN FRANCISCO, May 20- Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a U.S. Senate report on the company's offshore tax structure said on Monday.
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Apple Inc. rose $9.67 or 2.2 percent, to $442.93. Dell Inc. rose$. 01 or. 1 percent, to $13.41. Hewlett Packard Co. fell$. 09 or. 4 percent, to $21.18.
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SAN FRANCISCO, May 20- Apple Inc will argue for a comprehensive corporate tax reform that will levy a "reasonable tax" on foreign earnings and is not dependent on a company's revenue when it goes before a Senate panel on Tuesday to explain its offshore tax practices.
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In a 40- page memorandum released a day before Apple CEO Tim Cook is scheduled to testify before Congress, the Senate's Permanent Subcommittee on Investigations identified three subsidiaries that have no "tax residency" in Ireland, where they are incorporated, or in the United States, where company executives manage those companies.
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A day before Apple CEO Tim Cook heads to Washington, the Senate released a report that showed Apple used an unusual global tax structure to pay little or no taxes.
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Apple Inc. rose $8.90 or 2.1 percent, to $442.16. Dell Inc. rose$. 01 or. 1 percent, to $13.41. Hewlett Packard Co. rose$. 01 or percent, to $21.28.
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Apple Inc. rose $5.77 or 1.3 percent, to $439.03. Dell Inc. rose$. 03 or. 2 percent, to $13.43. Hewlett Packard Co. fell$. 01 or percent, to $21.26.
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Bullish momentum should drive stocks higher into the week ahead, with all eyes on a speech by Fed Chairman Bernanke.
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Apple Inc. fell $1.32 or. 3 percent, to $433.26. Dell Inc. fell$. 03 or. 2 percent, to $13.40. Hewlett Packard Co. fell$. 09 or. 4 percent, to $21.27.
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If earnings are driving the rally, then next week is going to be very telling. "I want to be careful of some stocks," Cramer said.
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Apple Inc. fell$. 44 or. 1 percent, to $434.14. Dell Inc. rose$. 01 or. 1 percent, to $13.45. Hewlett Packard Co. fell$. 08 or. 4 percent, to $21.29.
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Apple Inc. rose $3.86 or. 9 percent, to $438.44. Dell Inc. fell$. 03 or. 2 percent, to $13.41. Hewlett Packard Co. fell$. 11 or. 5 percent, to $21.25.
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This week on "Talking Squawk": David Tepper's "My Cousin Vinny" market call, Cisco's John Chambers, Bloomberg's "Surveillance," the IRS, the AP, and big hair and Sony.
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Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.
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Apple Inc. rose $5.73 or 1.3 percent, to $434.58. Dell Inc. fell$. 02 or. 1 percent, to $13.43. Hewlett Packard Co. rose$. 39 or 1.9 percent, to $21.36.
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SAN FRANCISCO, May 16- Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink.
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*Cisco shares rise 9 pct in early trading. Aug 16- Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker.
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Apple Inc. rose $6.83 or 1.6 percent, to $435.68. Dell Inc. fell$. 03 or. 2 percent, to $13.43. Hewlett Packard Co. rose$. 46 or 2.2 percent, to $21.43.